US EditionFund Managers Announcing Proxy Votes in Advance
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Fund Managers Announcing Proxy Votes in Advance
From Ross Kerber: It’s an intriguing practice that seems to be working for a few investment firms I spoke with. Morgan Stanley’s Calvert responsible-investment unit, for instance, typically posts explanations about its votes 72 hours ahead of a meeting. Other institutional investors often will ask Calvert about its voting plans, executives said. “Managers pay attention to how other managers describe what they’re doing,” said John Wilson, Calver…
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