The Owners Want to Meet Their Companies

Here is a story about how big asset managers used to rely on brokers to set up conferences where they could meet with corporate managers, but now they’re doing it themselves:

Honestly when you put it like that it is a little amazing that they … missed this? Fidelity and Capital and Wellington and T. Rowe are among the biggest shareholders of hundreds of public companies. They vote to elect directors and endorse CEO pay and approve mergers, they can move the stock price with their purchases and sales, the executives have fiduciary duties to them, surely if they called the companies someone would call them back?