/biz/ - Business & Finance

Anonymous Wed Sep 20 15:06:33 2023 No.56151394 [View]
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>>56151324
>In the words of William McNabb, Chairman and CEO of Vanguard: “In the past, some have mistakenly assumed that our predominantly passive management style suggests a passive attitude with respect to corporate governance. Nothing could be further from the truth.

>The voting behavior of BlackRock, Vanguard, and State Street is similar to that of most active mutual funds: They side with management in more than 90 percent of votes.

Are you seriously saying that vanguard is some sweet gentle boomer that doesnt want to influence things?

>aka boomer funds
What do you think blackrocks funds are? Boomers retirements at corporations.

Are people here seriously defending a 2.3 trillion asset manager as a good boy?

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