| 19.07.2016 - Big funds push back against activist investor settlements |
| After years of support for companies that hand board seats to activists to avoid a bruising public fight, some of the world's largest institutional investors are pushing back. BlackRock Inc , the world's largest asset manager, and Norges Bank Investment Management, Norway's $872 billion sovereign wealth fund are among the major funds resisting, encouraging companies to consult them before responding to an activist...............................................Full Article: Source |