Could Norway’s Sovereign Fund be a Vanguard for Corporate Governance
As asset owners grow, the expectation in participating in active corporate governance increase.
Active ownership has been championed by many massively-sized public investors such as the California Public Employees’ Retirement System (CalPERS). Public funds continue to rally for changes such as separating chairman and chief executive officer roles. In May, CalPERS tried to corral fellow institutional investors in JPMorgan Chase & Co. to split Jamie Dimon’s dual role. It was unsuccessful. [Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]
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