Our society is not just divided along political lines — media, culture, and even coffee shops have become delineated between red and blue.
So perhaps it is inevitable that these fissures would come to the world of investing.
I’m speaking about the growth of so-called ESG investing — which stands for Environmental, Social, and Governance — and the growing backlash against this trend. Battle lines are being formed in the heretofore apolitical, clubby world of money management.
The roots…
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