How passive managers are changing governance in Asia

Asia's largest passive fund managers feel they are fighting against a perception that they don't do enough to engage with the companies they hold in their portfolios. It's a fair question to ask: can a passive manager be an active owner? If the word 'passive' means these giant fund groups just sit back and do nothing to force better standards of management in the companies they invest in, then that is mistaken impression. It is one that frustrates experienced corporate governance …