11.18.24

Vanguard to Double Investor 'Voting Choice' Program for 2025

by: Ross Kerber

Vanguard said clients will be able to direct the proxy votes of some $250 billion of its assets next year. In addition to making shareholders of several new funds eligible for its "Investor Choice" program, the asset manager will offer a new voting option with less support for socially focused matters. "We recognize that well-informed, smart people can have different opinions, and we want to deliver options to those investors," said John Galloway, Vanguard's global head of investment stewardship.

Read the full article on Reuters