A few days ago, I blogged that BlackRock had temporarily paused engagements so they could digest and adjust to Corp Fin’s new CDI positions regarding “control” and “influencing” a company when engaging. As noted in this Reuters article, BlackRock has now resumed its engagements.
It has also been reported that Vanguard has temporarily paused its engagements – and I imagine that it too will resume its engagements shortly…
Authored by
Broc Romanek