Vanguard Creates New European Team to Drive Corporate Governance - Investopedia -BoardProspects

Vanguard Creates New European Team to Drive Corporate Governance

Investopedia Feb 21 2018 BoardNews

With corporate governance top of mind for all sorts of investors and with calls for the world's largest fund managers to hold the companies in which they invest accountable, Vanguard is increasing its efforts on that front across the pond. Citing Glenn Booraem, Vanguard's head of corporate governance , ...
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Quotes
1. We take our obligation to advocate in our investors' best interests very seriously across the globe. This is the right time to establish a new team in London, given the growth of our ownership in European companies.
2. Given our duty to steward our shareholders' long-term investments, we must be aware of this risk, where it's most relevant, and ensure companies are addressing it in an appropriate manner.
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Authors
- Donna Fuscaldo