Re:Boeing cutting more than 12,000 U.S. jobs with thousands ...
by mopsi on Wednesday May 27, 2020 @05:32PM
(#23330305)
My point was that Vanguard et al have massive power, but they are not using it, e.g. https://www.reuters.com/article/us-usa-funds-index-specialre...
Re:Boeing cutting more than 12,000 U.S. jobs with thousands ...
by sokoloff on Wednesday May 27, 2020 @08:13PM
(#23331829)
I would expect the overwhelming majority of actively managed funds to vote with management recommendations. If they didn’t agree with management, it’s much quicker and more effective to decline to invest rather than invest and then vote against them.
Some fund companies commit to following ISS advice across the board or on certain topics. Others like Vanguard delegate the voting power to fund managers (who have access to ISS reports but aren't obliged to follow it slavishly).