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GPIF to Suspend Stock-Lending Program

December 24, 2019

Amazing leadership on fiduciary duty here: If you're renting your shares to hedge funds to short your own stocks (already a questionable choice) then you can't vote your shares. So... GPIF isn't renting'em because it sees the ability to vote as critical.

GPIF's stock-lending stance moving governance forward, Pensions&Investments

Ashby Monk (@sovereignfund)

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