UK Funds to Combine Voting Clout

Two of the UK’s largest pension funds, Railpen and the Universities Superannuation Scheme (USS), have formed an alliance to coordinate their share voting at company meetings, with a view to creating a global voting resource to be used by other pension funds. (UK pension funds, Railpen and USS, create shareholder voting alliance, Responsible Investor, 3/17/10) Could these funds be setting an example that US funds may want to follow?

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