The world's second largest fund manager is calling for an improvement in the relationship between company directors and shareholders, on concerns about global corporate governance.
Fund buyers have called for more transparency on passive fund costs not contained within the ongoing charges figure (OCF) - even as a price war cuts headline fees to record low levels.
Fidelity's move into passive funds
What are the key issues surrounding fund costs?
The price war in the passive space continues to rage but some providers refuse to play ball, offering trackers with fees as steep as active funds.