BlackRock is set to expand its proxy voting programme, including with a UK pilot project for individual investors.
For the pilot, BlackRock is working with an unnamed ‘digital investor communications platform' in the UK to enable investors in select mutual funds to exercise choice in how their portion of eligible shareholder votes are cast - translating individual investor views into voting instructions. To expand beyond this trial will take "the combined efforts of policymakers, regulators, fund boards, asset managers and other participants in the proxy voting system", according to the firm. BlackRock and Vanguard: Clash of the ETF Titans BlackRock is also extending the pool of eligible cl...
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