Stock Market Distress Signal: How Low-Cost Index Funds Are Taking Over (Meghna Chakrabarti, On Point)

Sounding the alarm on index funds. How their runaway success has reshaped power and accountability in boardrooms and on Wall Street.
Interview:
https://www.wbur.org/onpoint/2018/12/12/stock-market-index-funds-john-bogle

Vanguard lowers costs for 1.5 million clients in 38 funds - Yahoo Finance

Vanguard has two types of shares for its index funds, and the lower-cost "Admiral" version just became available to more investors by lowering its threshold from $10,000. .....
https://finance.yahoo.com/news/vanguard-lowers-costs-1-5-million-clients-38-funds-210607779.html

World's biggest fund manager issues 'Darth Vader-style' threat to oust bosses who ignore climate change

The world’s biggest fund manager has threatened to vote out directors of companies that fail to address the risks posed to their businesses by climate change.

In a post on its website, BlackRock, which controls assets worth $5.1 trillion (about £4.2 trillion), said climate risk was a “systemic issue”. It said it planned to engage with the companies that are “most exposed to climate risk” over this year to help them tell investors – like BlackRock -- about the financial impacts of global warming and the shift to a low-carbon economy....
http://www.independent.co.uk/news/business/news/climate-change-blackrock-manager-threatens-directors-ignore-global-warming-a7631266.html