Why Are Investment Pros Favoring Activism Over Good ROI?

Why Are Investment Pros Favoring Activism Over Good ROI?
AP Photo/Richard Drew, File

A worker whose retirement is managed through a pension fund, particularly a public sector one, cannot easily move his funds elsewhere, and even if it were possible, it is not easy to discern which fund managers resist untoward advice from proxy advisers that may harm long-term returns.

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