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BlackRock’s Larry Fink hails ‘new era for shareholder democracy’ as investors get more voting choice
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BlackRock boss Larry Fink said that giving investors more say over how their votes are cast at shareholder meetings could have a “transformative power” for markets.
In a letter to clients and corporate bosses, the chief executive of the world’s largest asset manager said that a year after the launch of its voting choice programme, he is “convinced” that offering investors more choice over voting “has the power to transform the relationship between asset owners and companies”.
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