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Author Topic: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined  (Read 1431 times)

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Offline LadyLiberty

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More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« on: Saturday, Sep 23, 2023 11:54 am »
More Environment, Social, and Governance (ESG) investing funds have closed in 2023 than the last years combined amid political backlash and investor scrutiny.

Bloomberg reported that State Street, Columbia Threadneedle Investments, Janus Henderson Group, Hartford Management Group, and others closed more than two dozen ESG funds this year, according to Morningstar.

BlackRock, the world’s largest asset manager and a prominent back of ESG investing, said it would close two “sustainable emerging-market bond funds” with total assets of $55 million.

More:  https://www.breitbart.com/politics/2023/09/21/more-esg-funds-in-u-s-closed-in-2023-than-in-past-3-years-combined/
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Offline LadyLiberty

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #1 on: Saturday, Sep 23, 2023 11:55 am »
3 New York City pension funds are being sued for divesting from fossil fuels as Republican politicians take aim at anti-ESG investing

https://fortune.com/2023/05/12/new-york-pension-fund-lawsuit-anti-esg/

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Offline bigheadfred

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #2 on: Saturday, Sep 23, 2023 12:46 pm »
Good news. ESG needs to die.
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Offline Bigun

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #3 on: Saturday, Sep 23, 2023 12:54 pm »
Quote from: bigheadfred on Saturday, Sep 23, 2023 12:46 pm
Good news. ESG needs to die.

:yowsa: Absolutely!!!
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Offline roamer_1

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #4 on: Saturday, Sep 23, 2023 02:05 pm »
It's dead man walking right now...Bud Light DESTROYED ESG.
And Disney.
And Target.

Suddenly everybody is terrified their customers will vote with their feet. And then what do you say at the stockholder's meeting?

The entire subject of stakeholder corporatism is over with.
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Online catfish1957

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #5 on: Thursday, Sep 28, 2023 07:11 am »
Quote from: bigheadfred on Saturday, Sep 23, 2023 12:46 pm
Good news. ESG needs to die.

A painful death, I might add.  Hopefully this nation wakes up, and realizes that this was a concerted organized effort for socialism.
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Offline LMAO

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #6 on: Thursday, Sep 28, 2023 09:23 am »
Quote from: catfish1957 on Thursday, Sep 28, 2023 07:11 am
A painful death, I might add.  Hopefully this nation wakes up, and realizes that this was a concerted organized effort for socialism.

it actually came as a surprise to some that stockholders and corporations are more interested in making money than something abstract like social justice
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Offline roamer_1

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #7 on: Thursday, Sep 28, 2023 07:28 pm »
Quote from: LMAO on Thursday, Sep 28, 2023 09:23 am
it actually came as a surprise to some that stockholders and corporations are more interested in making money than something abstract like social justice

Go figger... :shrug: :laugh: :cool:
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Offline LMAO

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Re: More ESG Funds in U.S. Closed in 2023 Than in Past 3 Years Combined
« Reply #8 on: Thursday, Sep 28, 2023 07:38 pm »
Quote from: roamer_1 on Thursday, Sep 28, 2023 07:28 pm
Go figger... :shrug: :laugh: :cool:

Right

I just can’t believe that people look out for their own self interest.

Even the most virtue signaling leftists likes to be economically secure
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"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them." Barry Goldwater

https://www.usdebtclock.org/
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