Proxy voting alignment with client values will drive competition between index funds. Most index funds have low fees and earn close to the same rate of return for their investors. How can they differentiate themselves? SEC Commissioner Rob Jackson Jr. implies competition should be driven, at least in part, by funds aligning their proxy votes with the values of their customers. For that to happen, the SEC must update its proxy reporting rules to make it easier for investors to determine how funds have voted on proxy issues. Continue Reading →
Tag Archives | Robert Jackson
The Investor Responsibility Research Center Institute (IRRCi) is accepting submissions for its fourth annual Investor Research Award competition for research that examines the interaction between the real economy and investment theory. Practitioners and academics are invited to submit research papers by September 15, 2015, for consideration by a blue-ribbon panel of judges with deep finance and investment experience.
Two research papers – one academic and one practitioner – each will receive the 2015 IRRCi Research Award along with a $10,000 award. The winning papers also will be presented at the December 9, 2015, forum of the Millstein Center for Global Markets and Corporate Ownership at Columbia University in New York, NY. Continue Reading →