Newsletters

beinformed: “Voting with your feet” or shaping the future? – The role of institutional investors under the new BaFin guidance notice
In March, the German Federal Financial Supervisory Authority (BaFin) published a draft guidance notice on the scope of investors' influence on investment funds permitted under supervisory law. The description of the role of the capital management company as the final decision-making authority in portfolio management is not new. What is new is that the capital management company's role as the final decision-making authority is challenged if the initiative to acquire or sell assets comes from the investors.
Note: This newsletter is only available in German language.