Passive Fund Manager Vanguard Turns Activist In Some Board Votes

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Passive Fund Manager Vanguard Turns Activist In Some Board Votes

Passive Fund Manager Vanguard Turns Activist In Some Board Votes
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Passive Fund Manager Vanguard Turns Activist In Some Board Votes

by Wochit 0:21 mins

Fund manager Vanguard Group opposed the election of board members in a number of high-profile proxy contests this year, votes that help explain why directors at firms such as Hewlett-Packard Co and Occidental Petroleum Corp had a hard time getting re-elected.

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