As an estimated four billion people vote to elect new governments in a historic year for democracy, trade unions are campaigning For Democracy at work, in societies, and in global institutions. The fight for democracy in global institutions Millions of workers have already mobilised for policy change and in the run-up to political elections. They have organised to expand worker power or took militant strike action on the job. Around the world, they are fighting for a vision of (…)
It is way past time for voting rights for shares held in mutual funds to pass through to the mutual fund shareholder instead of being voted by the fund manager.
Companies like Blackstone and Vanguard don’t own shit for themselves; they only manage it on behalf of others. But they disenfranchise those others while they do it, and that’s entirely fucking unacceptable!
It is way past time for voting rights for shares held in mutual funds to pass through to the mutual fund shareholder instead of being voted by the fund manager.
Companies like Blackstone and Vanguard don’t own shit for themselves; they only manage it on behalf of others. But they disenfranchise those others while they do it, and that’s entirely fucking unacceptable!
Blackrock get the voting rights for the shares they hold for funds though and always go with the status quo.