Vanguard - one of the biggest purveyors of ESG bullshit - is now abandoning ESG investing - The Great Awakening - Where We Go Qne, We Go All!

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Vanguard - one of the biggest purveyors of ESG bullshit - is now abandoning ESG investing (www.spectator.com.au) - YUGE -

posted 1 year ago by CrockOSuds (context) 1 year ago by CrockOSuds +256 / -0

Get Woke, go broke: Vanguard ditches ESG investing | The Spectator Australia

The world’s second largest asset management firm, Vanguard, with $8 trillion AUM, has pulled out of the ESG madness. This is massive. I recently pondered the question, ‘Is it possible that we are…

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– Deplorable_in_PA 6 points 1 year ago +6 / -0

I know very little about finance..but I would guess they were hearing lots of "customer feedback" over the idea of Vanguard sinking their retirement savings into some total turd bound to lose money. I would also imagine said "feedback" included the idea of retirement funds being moved somewhere else post haste, lawyers getting involved, and a nice opening segment on Tucker Carlson as well.

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– TheVerboten1 2 points 1 year ago +2 / -0

seems to me that ESG investing violates their fiduciary responsibility.

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