For fund managers, it may violate their fiduciary responsibility (to maximize returns) to their shareholders. Apparently, the legal risk is too big for JP Morgan, State Street, and BlackRock: Asset managers have been walking a fine legal line. GOP Attorneys General in 2022 warned that they might be violating their fiduciary obligations and antitrust laws.…
Is ESG investing illegal?
Is ESG investing illegal?
28 Feb 2024 Leave a comment
in energy economics, entrepreneurship, environmental economics, financial economics, global warming Tags: active investing
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