There is little dispute that investor confidence is currently at a low, particularly as the corporate practices of many leading firms have been called into question in the past six months.

Mutual fund complexes have been responding to those concerns by throwing their weight around through shareholder resolutions and proxy votes. Industry observers say this is a positive trend for the investment management industry, that by becoming more involved in the firms in which they are invested, mutual fund firms may be able to restore some investor confidence.

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