Perspective: Pooled investors gain a vote
By Gill WadsworthMarch 2021 (Magazine) A disruptive new service allows institutional investors in pooled funds to express their stewardship preferences. Will others follow suit? Fund managers probably know better than most that no industry is immune from disruption. Few, if any, stockpickers today would invest in diesel cars over electric vehicles. Yet when it comes to capitalising on some changes to their own sector, they have been slower to react. They have proven especially lacklustre in offering institutional investors any kind of autonomy over shareholder governance in pooled funds. A...
Source: ipe.com