Proxy Advisory Insights
The discussion delves into the role of proxy advisory firms, highlighting their function in providing vote recommendations and detailed reports to asset management clients. Chester emphasizes the significance of these firms in facilitating the voting process for mutual funds, which underscores their value in the marketplace. Additionally, the potential influence of small funds lobbying for specific proxy advice raises intriguing questions about the dynamics of voting power.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt
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