Why should they, their only focus should be maximizing profit and growth. Bleeding heart politics have no place in investment strategy’s.
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@WSJ - what is “the” or “your” definition of fiduciary responsibility?Thanks. Twitter will use this to make your timeline better. UndoUndo
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I'm sure they also invest heavily in pharma, and many more people die from 'scrips than guns, so, yeah, keep on keeping on.
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Just look at California if you want see how bad this concept can turn out!
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Knock it off. ESG is proven to be a driver of alpha, outperforming the overall assigned index. WSJ is aware of this. Managers have fiduciary responsibility to client wishes. If client wants ESG great. If not, fine.
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