House GOP expands ESG inquiry to major asset managers

You can’t deny that Fink is taking our investment dollars in his passive indexes and leveraging our money to do his bidding in shareholder and corporate board meetings ignoring his fiduciary responsibility to us investors to get us maximum ROI, leveraging his control over our money to coerce DEI and ESG out of the companies his funds are invested in.

 

Right wing cancel culture on display.

 

If you don’t like it, take your passive investment dollars and put them in a different fund. Free market.

 

In order to understand what I wrote you would have to know the difference between a customer and an investor.

 

You think we cancel culture by resisting yours?

 

Believe me, I have. So have many others including most red state’s investment and pension portfolios.

 

Great then you have nothing to complain about. That is the free market in action.

 

Yes I do. It will never be ok for them to take investors money placed in passive ETF index funds some of which investors have no say regarding, and then leverage what is supposed to be passive in a company to advocate for the personal opinion of the chairpersons of these fund companies. (Vanguard, Black Rock, State Street) Calling them out and demanding change is the right thing to do.

 

ESG Investing Is on a Downward Spiral. Will Anything Replace It?

'The numbers speak for themselves. The cumulative flow of investments into US ESG funds has been flat to slightly negative since the first quarter of 2022, according to data shared exclusively with CNN by Lipper, a financial data provider.'

Fed Up

'Increased scrutiny by politicians in red states' exposed the political agenda 'around ESG.'

Remember when we were assured that Republican efforts to stop these clowns from using our own money to drive the Left's agenda was doomed to failure?

'At least 165 bills and resolutions against ESG investment criteria were introduced in 37, mostly red, states between January and June 2023'