– that have come to wield outsize influence on Wall Street.
At the end of last year, The 10 largest ESG funds by assets had all posted double-digit losses, with eight falling even more than the S&P 500’s 14.8% decline, according to Bloomberg. 1789 Capital – named for the year the Bill of Rights was adopted – will invest in companies that support American manufacturing and those that have been shunned by the ESG movement like conventional fossil fuels.“We know there is a demand for non-woke/patriotic companies,” Malik notes. “There are 100 million Americans who have been both ignored and alienated and want to use and shop at platforms that aren’t antithetical to their values.
Source: News Formal (newsformal.com)
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