>And to my knowledge, ETFs and mutual funds do not participate in any meaningful way in management, i.e. they do not act as activist investors. There's been a

>And to my knowledge, ETFs and mutual funds do not participate in any meaningful way in management, i.e. they do not act as activist investors. There's been a trend towards more activism with passive indexes. One example with Blackrock's passive fund: https://www.afr.com/business/larry-fink-says-blackrock-will-take-activism-to-a-whole-new-level-20171031-gzc2lt https://www.afr.com/business/larry-fink-says-blackrock-will-...