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If index funds create larger voting blocks of shares, wouldn't that create a more powerful pool of voting power to influence changes than if all shareholders we
by bickfordb 11y ago
If index funds create larger voting blocks of shares, wouldn't that create a more powerful pool of voting power to influence changes than if all shareholders were voting individually? Index funds could turn over voting control to a proxy/research based voting service or survey their investors to determine how to vote.
I'm embarrassed to admit I actually don't know the voting policies of the major index funds I'm invested in (VTI, AGG mostly).
- saryant 11y agohttp://www.vanguard.com/pub/Pdf/sai040.pdf http://www.vanguard.com/pub/Pdf/sai040.pdf Page 45.