Over 20 state financial officers sent a joint letter late Monday night to 20 asset management firms and two proxy advisers, looking for answers on their approach to shareholder proposals.
West Virginia state Treasurer Riley Moore — who has been leading the charge on the state level against environmental, social, and governance (ESG) rules — said America’s managerial class pushing these types of funds is like a form of socialism.
The anti-woke asset management firm Strive is taking on the likes of BlackRock to “depoliticize corporate America” so consumers can embrace commerce without compromising their values, Strive’s Head of Corporate Governance Justin Danhof says.
