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Analysis-BlackRock, Vanguard scale back company talks as new guidance bites
BlackRockBlackRock(US:BLK) Yahoo Financeยท2025-09-19 11:03

By Ross Kerber (Reuters) - The world's two biggest asset managers sharply scaled back the number of meetings held with company bosses this year, disclosures show, as new guidance made it harder to discuss topics like climate change and diversity. The shifts by BlackRock and Vanguard came in the wake of new guidance in February from the U.S. Securities and Exchange Commission, led by a pick of U.S. President Donald Trump, Mark Uyeda, and could leave executives with less investor input on strategy or facin ...