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Vanguard to Surrender Some Of Its Corporate Voting Power To External Fund Managers

TedTed
in The Bullpen
FYI: Vanguard Group, the globe’s second-largest asset manager, announced Thursday plans to allocate a fraction of its vast voting powers on corporate boards to outside fund supervisors that control more than $470 billion of its holdings.
Regards,
Ted
https://www.cnbc.com/2019/04/25/vanguard-to-give-up-some-of-its-voting-power-to-external-fund-managers.html
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