FYI: BlackRock, Vanguard and State Street Global Advisors are on course to control four votes out of every 10 cast at large US companies, as regulators and policymakers probe the wider consequences of their increasing dominance of the investment market.
The influence of the Big Three, which have mopped up trillions of dollars of index investments in recent years, is being viewed by politicians as a possible antitrust issue.
Regards,
Ted
https://www.ft.com/content/046ec082-d713-3015-beaf-c7fa42f3484a
