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Which is exactly what investors pay Fink and the BlackRock team to do. Most people don't have time to analyze and choose things to invest in, so they offload th
by boeingUH60 3y ago
Which is exactly what investors pay Fink and the BlackRock team to do. Most people don't have time to analyze and choose things to invest in, so they offload that responsibility to BlackRock in exchange for some fees. The system is working as intended.
- mitthrowaway2 3y agoTo me, the bigger issue is whether BlackRock just gets paid a fee to manage the portfolio composition, or whether they can also exercise voting rights on shares in their ETF.
- swexbe 3y agoInstitutional investors have to option of retaining voting rights. About 1/4th seem to do so. https://www.blackrock.com/corporate/about-us/investment-stewardship/blackrock-voting-choice https://www.blackrock.com/corporate/about-us/investment-stew...
- ericjmorey 3y agoThey disclose all of what you're interested in: https://www.blackrock.com/corporate/insights/investment-stewardship https://www.blackrock.com/corporate/insights/investment-stew...