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Goldman Sachs Asset Management warns it will veto execs who fail to tackle diversity

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fnlondon.com

Goldman Sachs Asset Management is sending a clear warning to firms that it will vote against executives that do not heed its demands.From March 2022, the $2tn asset manager expects all S&P 500 and FTSE 100 companies to have at least one “diverse director from an underrepresented ethnic minority group on their board”, following changes to its proxy voting policies.GSAM...

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