A Fiduciary’s Duty Is to Retirees Alone
What do a former assistant secretary of the Treasury in the Clinton administration, the former BlackRock CIO of sustainable investing, and the former Trump administration secretary of labor have in common? They all have sounded strong cautions on the topic of so-called ESG investing. Environment, Social & Corporate Governance factors are presented as socially conscious investments that asset managers often use to screen potential financial decisions.
