mutual fund firms: That practice may not match well with the views of their clients, according to Euro News. When asked directly, most investors in American fund firms are critical of CEO pay packages, according to a national Reuters/Ipsos poll. Top money managers such as Black Rock Inc
and Vanguard Group oversee trillions of dollars for individuals, but the firms rarely challenge CEO pay in their proxy votes on behalf of investors. Among respondents, 59 percent said chief executives at S&P 500 companies were paid too much, and 56 percent said mutual fund firms should challenge executive pay more often. It included 1,024 people who said they invested with one or more of five top asset managers and 722 people who said they had at least some understanding of what a fund manager is. The survey was conducted between March 22 and March 31. (news.financializer.com). As reported in the news. Tagged under mutual fund firms, money managers topics.