How Woke Capital Politicized Your Retirement Account

Want to make a political statement while investing your family savings? You have plenty of options, at least if you support fashionable “environmental, social and governmental causes” like climate and diversity. If you’re unduly right-leaning, you can invest in niche funds that select stocks based on free market or religious principles. But what if you want avoid Politics? That’s easier said than done.

Standard advice for retail investors is to buy passively managed index funds that invest in the stocks of a wide range of companies. It’s a great way to balance risk and reward, ride waves of economic growth and erase individual company losses that fall below it. but Vivek Ramaswamy, a newly minted mutual fund manager, says politics has quickly come to dominate index funds as well. He has an ambitious plan aimed at breaking his grip.

https://www.wsj.com/articles/how-your-retirement-account-got-politicized-blackrock-firms-money-investment-index-funds-markets-partisan-politics-11660058521 How Woke Capital Politicized Your Retirement Account

Alley Einstein

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