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Jan 31, 2004

Secret ballots

The fund management community should practice what it preaches

More disclosure. More transparency. How many times have you heard those calls over the past few years? Yet the fund management industry that cries out for companies to improve their disclosure practices tends to run scared if such calls are bounced back in its direction. If companies have a responsibility to their shareholders to reveal more information, then the people who manage money on behalf of those shareholders surely bear some of the burden and reveal more about their own operations.The

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