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Vanguard to kick off proxy voting pilot for US index fund investors
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fnlondon.comVanguard, one of the world's top three largest asset managers, will begin a trial next year to give individual US investors in several index equity funds more of a say in how votes are cast at annual shareholder meetings.
The move comes just over a year after rival BlackRock unveiled a similar programme to give some of its largest clients a direct say in the proxy voting process.
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