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Reason Foundation Issues Commentary: Proxy Firms' Lawsuits Highlight Need for Public Pension Systems to Prioritize Investment Returns
August 16, 2025
LOS ANGELES, California, Aug. 16 -- The Reason Foundation issued the following commentary on Aug. 14, 2025:

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Proxy firms' lawsuits highlight need for public pension systems to prioritize investment returns

When pension funds follow flawed advice, the result is lower returns and higher taxpayer costs.

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By Ryan Frost, Managing Director

With news that the world's two largest proxy advisory firms, Instituti . . .

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