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The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.September 23
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Funds from the biggest three issuers account for more than 80% of the industry's total assets.September 22
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While some industry employees are eager for the normalcy of their offices, others are more reluctant as experts predict another rise in virus cases.September 21
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The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.September 17
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BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.September 17
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As the Fed cuts borrowing rates and supports the investment-grade corporate bond market, some investors are looking for higher returns, an expert says.September 14
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Despite some impressive short-term gains, more than half underperformed their peers over the decade.September 9
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Investors are placing their bets on value funds after the category posted its worst quarter this century in the wake of the coronavirus pandemic.September 9
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Funds focused on the sector lost more than $2.4 billion in August, the most since 2016.September 2
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Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”August 31
