Us Asset Managers Influence Dutch Companies' Sustainability Goals

trouw.nl

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American asset managers are pulling the strings at major Dutch corporations. Somo finds this objectionable. Europe needs to redress the balance of power...

NRC Handelsblad

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Asset managers from the United States are increasingly gaining control over Dutch listed companies. This is making the Dutch…

NOS

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The four largest US asset managers, BlackRock, Vanguard, State Street, and Fidelity, manage over 10 percent of Dutch listed companies. This is according to research by SOMO, a foundation that scrutinizes multinationals. The study was published in the economics journal ESB. The US shareholding could influence the sustainability goals of Dutch companies now that the climate landscape is changing in the US, says SOMO. More than two years ago, the N…

rd.nl

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Dutch pension funds must break with American investors and reclaim their influence on companies' climate policies. The Centre for Research on Multinational Corporations (SOMO) advocates this in an article published Tuesday in the economics journal ESB. Currently, US-based asset managers have a significant impact on the policies of Dutch companies.