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activist investor

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Topic

Fund companies, in no-win situation, test shareholder proxy voting

BlackRock, Schwab, Vanguard and State Street could be inviting a political backlash with proxy voting campaigns aimed at avoiding a political backlash.

Topic
  • News
  • November 15, 2022

Activist investor challenges Envestnet’s poor stock performance

Hedge fund Impactive Capital is threatening a proxy fight in an effort to secure a seat on Envestnet's board.