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Rating:Management Wins Funds' Proxy Vote Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 11, 2008

Management Wins Funds' Proxy Vote

by: Armie Margaret Lee

In Friday's Wall Street Journal Fund Track column, Judith Burns focused on the findings of the ICI's study on proxy votes cast by 160 of the biggest fund firms. Funds overwhelmingly backed management proposals in the 12 months ended June 30 and gave their support to just 38 percent of shareholder proposals.

Click here to view ICI president and CEO Paul Schott Stevens' July 10 remarks on the findings.  

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