US Fund Manager Looks at Australia to Counter ESG Wave

"2ndVote chief executive Daniel Grant told The Australian Financial Review that companies had leaned too far to the left, with 73 per cent of the S&P 500 rated as a 1 or 2 and that there was now a growing demand from investors for politically neutral, or even conservative, companies."

Wall Street Journal: Who Really Pays for ESG Investing?

2ndVote Advisers Co-founder & Chairman of the Board Diane Black and Advisory Board Member Andy Puzder writing in the Wall Street Journal: Workers with pensions or 401(k)s trust financial institutions to make the best investments for their retirement incomes. An...

Restoring the Crumbling Foundations of Corporate America

"Business management is about making value judgments. Is it more valuable to launch a new product or stay with the existing products? Is it profitable to initiate a new research and development project? These kinds of questions must be carefully appraised each day...

Wall Street Journal: Investment Options for the Unwoke

Milton Friedman argued that a corporate executive’s responsibility is to maximize profits while conforming to the basic rules of society, as embodied in law and "ethical custom." American corporations donated $21 billion to charity in 2019, but the growing...

National Review: A New Counterweight to Stakeholder Capitalism

A former U.S. representative has teamed up with financial professionals to offer an alternative. 2ndVote Funds — founded by former Congresswoman Diane Black (R., Tenn.), along with David L. Black and Daniel Grant — will provide investment products, such as ETFs and...

New Thematic ETFs With A Cause

2ndVote Funds, a new investment trust forged in partnership with Tennessee-based 2ndVote Advisers, is launching its two first ETFs this week. The actively managed thematic equity funds are designed around conservative and faith-based values, according to 2ndVote...

The Many Reasons ESG Is a Loser

"These days ESG is big business, with $2.77 trillion in 'global sustainable fund assets.' The average expense ratio is 0.41%. And sure enough, apparently some funds aren’t ESG enough."

An Inconvenient Truth About ESG Investing

"Researchers at Columbia University and London School of Economics compared the ESG record of U.S. companies in 147 ESG fund portfolios and that of U.S. companies in 2,428 non-ESG portfolios. They found that the companies in the ESG portfolios had worse compliance record for both labor and environmental rules."

How to Ensure You Aren’t Investing in Woke Corporations

As the forces of woke capitalism continue to terrorize ordinary Americans, right-leaning investors find themselves in a difficult position. The left’s ever-tightening grip on American corporations has led many conservatives to unknowingly buy stock in companies...