In the Margins

Funds differ on proxy access issue

February 1, 2016

By Forbes

A recently published "scorecard" on proxy access is likely to stoke an already-contentious debate on the issue, particularly when it comes to how some mutual funds vote. BlackRock, T. Rowe Price and PIMCO have supported proxy access more than 90% of the time, but not all mutual funds follow their lead, according to the Proxy Access Scorecard, just released by the Nathan Cummings Foundation. Read the original story from Forbes.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...