Vanguard to begin testing proxy voting pilot program for retail clients early next year
Instead of making decisions exclusively on its own, Vanguard will give individual investors in several equity index funds more options about how their shares are voted.
Vanguard Group is planning a trial to give retail clients more say over how their shares are voted at corporate meetings, as large money managers’ influence over hot-button issues faces mounting scrutiny.
Instead of making decisions exclusively on its own, Vanguard will give individual investor
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