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$26 trillion investor group raises US policy fears

Corporate governance lobby says US policy agenda 'stands to conflict in tone and substance' with its work

President Donald Trump is joined by the Congressional leadership and his family. (L-R)  Vice President Mike Pence, the president's wife Melania Trump, their son Barron Trump, and Speaker of the House Paul Ryan
President Donald Trump is joined by the Congressional leadership and his family. (L-R) Vice President Mike Pence, the president's wife Melania Trump, their son Barron Trump, and Speaker of the House Paul Ryan Photo: Getty Images

The International Corporate Governance Network, a group representing investors and fund managers with $26 trillion, has taken the unusual step of issuing a "message of caution" about the political priorities of the Trump administration.

The ICGN, which exists to promote investors' rights and good corporate governance, said in a statement today it is worried about the "potential short-termism of the new US policy agenda".

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