In today’s briefing:
- The Challenge Is to Raise the Quality of Engagement. To Do So, Active Funds Need to Be Increased
The Challenge Is to Raise the Quality of Engagement. To Do So, Active Funds Need to Be Increased
- The reason why investor engagement is effective is in the exercise of voting rights. Engagement is considered to have been effective around 2014, when foreign ownership exceeded 30%.
- Engagement is generally effective in the funds entrusted to GPIF, according to the results of the study. GPIF should raise fees to allow investment managers to engage in fruitful engagement.
- This tends to be a generic question for passive funds. If we expect engagement to be more effective in the future, we need to increase the number of active funds.