Quote:
Originally Posted by ChiliConCarnage
The last decade produced endless articles about Why passive investing is bad for some reason. I always thought the voting one was most interesting but Vanguard/Blackrock mostly abstained.
The last couple of years Blackrock has been swinging way more to being activist investors of our passive investments. They released their 2021 Stewardship Expectations and they had a 61% increase in engagements across 2000 global companies last year.
If they want to use it, we've sort of indirectly given a few companies a lot of influence over how many public companies operate.
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Interesting. Hadn’t considered that.