Invesco's QQQ proxy vote adjourned until Dec 5th | Katie Greifeld posted on the topic | LinkedIn
linkedin.com
Invesco's QQQ proxy vote adjourned until Dec 5th | Katie Greifeld posted on the topic | LinkedIn
QQQ proxy vote: a dream delayed for Invesco. The firm announced Friday that its special meeting is being adjourned until December 5th. Shareholders were being asked to vote to approve converting it into an open-ended ETF from a unit investment trust -- a move which is estimated would unlock hundreds of millions of dollars for Invesco.We covered ...
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JPMorgan said its asset management division has fully parted ways with controversial proxy advisors for shareholder votes. In an internal memo, the firm said it no longer needs third-party data collection or voting recommendations. Instead, it launched an artificial intelligence tool, Proxy IQ, to aggregate and analyze proxy data from 3,000 annual company meetings. Read more: cnb.cx/45164je | CNBC
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