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The Grift Is Ending: ESG Fund Managers Being Told To "Keep Their Lawyers Very Close"
We've known the ESG grift has been coming to a screeching halt for years now, with major investment banks and companies dropping their initiatives while the GOP goes on a rampage to try root out the faux-virtue signaling.
But now with President Trump once again taking the White House, one investment bank is advising ESG fund managers to "keep their lawyers very close", as the full scale death of ESG may very well be on the door step, according to Yahoo Finance.
Aniket Shah wrote in a note this week: “We’d encourage all ESG fund managers to have a lawyer on the team, or on speed-dial.”
He continued: “Antitrust risk remains high for asset managers in ESG; there haven’t been any cases yet, thus there is no legal precedent. Further, legal risks regarding fiduciary duty will st
The Grift Is Ending: ESG Fund Managers Being Told To "Keep Their Lawyers Very Close"
We've known the ESG grift has been coming to a screeching halt for years now, with major investment banks and companies dropping their initiatives while the GOP goes on a rampage to try root out the faux-virtue signaling.
But now with President Trump once again taking the White House, one investment bank is advising ESG fund managers to "keep their lawyers very close", as the full scale death of ESG may very well be on the door step, according to Yahoo Finance.
Aniket Shah wrote in a note this week: “We’d encourage all ESG fund managers to have a lawyer on the team, or on speed-dial.”
He continued: “Antitrust risk remains high for asset managers in ESG; there haven’t been any cases yet, thus there is no legal precedent. Further, legal risks regarding fiduciary duty will st
10:38 PM - Nov 08, 2024
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