Index funds invest trillions but rarely challenge management – Reuters
https://reut.rs/2AUTAel (Reuters) – Index funds now control half the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars. But the leading U.S. index fund firms, BlackRock Inc, Vanguard Group and State Street Corp, rarely use that … Read more