BlackRock opposes banning companies from indexes over voting rights
22 Oct BlackRock opposes banning companies from indexes over voting rights
Posted at 11:00h
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by KMFSLLP
NEW YORK, Oct 23 (Reuters) – BlackRock Inc, the
world’s largest asset manager, is lambasting the architects of
market indexes like the S&P 500 for ostracizing companies
that deny equal voting rights to shareholders, saying that doing
so could limit the opportunities of investors in index funds.
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