Kentucky AG Legal Opinion: ESG Investing is a Breach of an Asset Manager’s Fiduciary Duty

A manager is an employee of the company. They run a company in accordance with their owner’s wishes. An owner may of course take whatever decision one pleases. Do with what you own what you please. A manager should not be an activist because then he does not do as told but does as he thinketh. Thats not what management is. We will need some highly publicized cases where such deviant managers take a big hit for their wrongs.

Linkedin Thread