SUBSCRIBERS
Investors want mutual funds to toughen up on CEO pay
Published Wed, Apr 27, 2016 · 09:50 PM
Boston
INDIVIDUAL investors are angry about CEO pay, and they want their mutual fund firms to do something about it.
Top money managers such as BlackRock Inc and Vanguard Group oversee trillions of dollars for individuals, but the firms rarely challenge CEO pay in their proxy votes on behalf of investors.
That p…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
US seeks 36 months’ jail for Binance founder Zhao
Keppel’s Q1 revenue down 6.3% to S$1.5 billion; net profit rises excluding legacy O&M assets
JPMorgan talking with investors about two synthetic risk transfers
HSBC says growing Chinese wealth fuels client investments in US
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
UBS flags 'serious' concern about new Swiss capital requirements