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https://www.ft.com/content/46387e42-1e1d-11e8-aaca-4574d7dabfb6
BlackRock and Vanguard have been accused of being “asleep at the wheel” for failing to tackle exorbitant executive pay in a sign of the growing public and political pressure fund managers are coming under to rein in excessive remuneration packages. A study by non-profit As You Sow said the world’s largest fund managers have rubber-stamped pay packages for many of what it classes as the US’s most overpaid chief executives.
