Your fund manager oversees the performance of your pension or retail fund. They are responsible for representing those whose money is being invested - they have a duty to protect their investors' money as well as grow it.
They also hold the legal shareholder voting rights for each company the fund is invested in. Their decisions to vote one way or another are based on many different factors, including:
- Market insights.
- Their own knowledge.
- What the underlying investors or pension members (like you) have said on the Tumelo platform.