BlackRock opposes banning companies from indexes over voting rights
NEW YORK (Reuters) - BlackRock Inc , the world's largest asset manager, is lambasting the architects of market indexes like the S&P 500 for ostracizing companies that deny equal voting rights to shareholders, saying that doing so could limit the opportunities of investors in index funds. [Source]
Publication Date:Origin: reuters.com
Category: businessNews
Topics: rights, voting, indexes, companies, BlackRock, funds, index, investors, opportunities, limit, could, doing, saying, shareholders, equal, ostracizing, market, architects, lambasting, manager, asset, largest, world's, (Reuters), banning, opposes