Vanguard Will Not Restrict Its Active Managers' Decisions On Russia
Top mutual fund manager Vanguard Group said on Friday it will adhere to international sanctions being imposed on Russia in the wake of Moscow's invasion of Ukraine, but will not restrict the investment decisions of managers of its actively-managed funds.
Investors Warn Of Unintended Consequences As Companies Cut Russian Ties
A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow's invasion of Ukraine, but urged executives to take care to avoid causing unintended harm to employees, political dissidents or consumers.
Exclusive-Connecticut Treasurer Orders Pension Funds To Divest Russian Assets
Connecticut Treasurer Shawn Wooden on Tuesday will direct state pension funds to sell Russian assets, one of the most direct steps by a U.S.
New York City Comptroller To Suggest Russian Assets For Divestment
New York City Comptroller Brad Lander on Sunday said he plans to specify Russian assets for city pension boards to "consider for divestment" in response to Russia's invasion of Ukraine.
Western Businesses Cut Some Russia Ties Over Ukraine Invasion
Some Western companies severed their ties with Russia on Friday, and others studied whether and how to do so, as President Vladimir Putin's invasion of Ukraine triggered sanctions and pressure to abandon some business dealings.
Rising Opposition To CEO Pay Tied To 'Questionable Practices,' Report Says
More frequent shareholder revolts at companies like Norwegian Cruise Line Holdings and General Electric show corporate directors should hesitate to hike CEO pay during tough times, according to a new report.
FT Says Murdoch In Line For Tesla Chair, Musk Reply: Incorrect
Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported Wednesday.
Companies Holding Online Meetings Have Poor Attendance Records
Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings.
