Kentucky AG legal opinion: ESG investing is a breach of an asset manager’s fiduciary duty

Bottomline commonsense: “While asset owners may pursue a social purpose or “sacrifice some performance on their investments to achieve an ESG goal,”25 investment managers entrusted to make financial investments for Kentucky’s public pension systems must be single-minded in their motivation and actions and their decisions must be “[s]olely in the interest of the members and … Continue reading Kentucky AG legal opinion: ESG investing is a breach of an asset manager’s fiduciary duty

via JunkScience.com

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May 28, 2022 at 03:25AM

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