If you own shares, you’ll know it’s pointless voting at shareholder meetings as it’s only the big fund managers who own big chunks of companies that can make things happen. It seems that, although they’re launching green funds left, right and centre and telling us that the future’s ethical, they’re sticking with their vested interests when it comes to changing how the bigger, badder companies work. How those wheels within wheels work is difficult to know, and I’m sure they’d say they’re protecting their clients (often your) interests. But there are definitely some forked tongues at work. I’d say.
“Green investing is underperforming, but don’t count it out just yet”
There are some johnny-come-lately ethical and sustainable investors who put money into “responsible“ funds having seen how well they performed in the midst of the Covid Crash, and are ruing the day.
