FYI: Some asset managers own so much of the market that they should consider it a responsibility to engage in activist investing, according to new research from Willis Towers Watson.
The world’s 100 largest asset owners account for around $19 trillion, or about 35 percent of capital held by all asset owners globally, Willis Towers Watson's Thinking Ahead Institute said in a study expected to be released Monday. The goal of these universal asset owners should be to use their stewardship to influence the economic system, according to Roger Urwin, global head of investment content at investment advisory services firm Willis Towers Watson.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1brgjt6blwn8b/The-World-s-Most-Influential-Asset-Owners