September 13, 2004
ICI head supports call for pension fund disclosure
The head of the mutual fund industry's main lobby group on Monday said he supported calls for pension funds to disclose how they cast their proxy votes, something mutual funds were forced to do this year.
"If pension funds had to do this, it would eliminate some of the concerns the industry had about this," Paul Schott Stevens, president of the Investment Company Institute told journalists in Boston.
Posted by Tom Troceen