Institutional clients in the US and UK will now be able to vote their shares
Proxy voting for retail investors and index providers charging over the odds made headlines this week
Large asset managers are now in a race to offer direct voting to investors at smaller and smaller scales
Comments come days after his former employer announces divestment plans
‘Uninformed’ asset managers attract clients by casting votes without a business case
Lower fees do not necessarily mean worse engagement
There is a ‘linear’ trend between company ownership by the asset managers and increases in women on boards
BlackRock, Vanguard and State Street Global Advisors are considering the role shareholders play in company boardrooms
