Conservative investment funds take aim at ‘woke’ corporations
August 31, 2021
Fortune 500 corporate boardrooms increasingly have embraced a “woke” agenda — such as Gillette lecturing its shavers about toxic masculinity and Bank of America having guest speakers declare capitalism evil. In response, some Wall Street players now are offering exchange traded funds (ETFs) that exclude left-wing companies, taking a page from the activist playbook that created investment programs to boycott enterprises deemed environmentally unfriendly.
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