Right-Wing ESG Fund Touts First Year Results

American Conservative Values ETF (ACVF), a fund steering conservative investors away from companies deliberately funding or supporting liberal political objectives, says that they are celebrating their first successful year of trading. This measure of success is based on AUM and their press release does not go into detail about performance relative to the companies they exclude from…

Elizabeth Warren Nails GOP Financial Exec

Many thanks to Elizabeth Warren for pushing for a fiduciary standard that would limit self-dealing by money managers like this guy. “We all agree that we must act in a client’s best interests,” Schneider said, before arguing that the Obama rule requiring managers to do just that would ultimately force Primerica to abandon its single-mother…

Guess What? Overpaid Money Managers Overpay Execs at Portfolio Companies

More great work from Rosanna Landis Weaver at As You Sow, working with another of our favorite people, Jackie Cooke: when money managers are themselves overpaid, they are more likely to support the excessive pay of other executives, even if it is not in the best interests of the shareholders. via Wall Street Pay, Performance…