News From Press Mutual funds making voices heard loud and clear at companies

Mutual funds making voices heard loud and clear at companies

Source: ET May 5, 2023

Mutual fund managers are becoming increasingly aggressive in voting against some of the company resolutions they believe will adversely impact the company and its shareholders. Their proportion of votes against resolutions put forth by the companies was 6.93% in FY23, the highest ever, data compiled by primemfdatabase.com showed.

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