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‘Genocide-free’ proposal rejected at Vanguard

Vanguard Group shareholders last week rejected an activist proposal that would have required the mutual fund company to adopt stricter screening of investments that may be linked to genocide in international hot spots like Sudan’s Darfur region...Vanguard...urged shareholders to reject the measure, saying it recently adopted its own similar policy. [also refers to American Funds (part of Capital Group), Fidelity, PetroChina (part of CNPC)]