[Harmless Teddy Bear]

but these asset managers have a fiduciary duty to maximize the long-term returns of their clients.

So if they can make money by selling slaves in the Middle East or on organ harvesting in China or running kiddy brothels in India why are you complaining?

Money is the only value.

[JayGalt]

This thread has generated the most random posts in my FR career.
Asset managers have a defined sphere in which they can invest and they have a duty within that sphere to maximize stockholder longterm gains.
When you invest you are given information on what type of investments are possible.
If you are looking to make money from kiddy brothels or illegal activities Vanguard is not the place to go. If you want ESG in your investments prepare to be scammed & lose money. If you want to virtue signal with your investments do your own due diligence & buys stocks.

If you omitted the/s and were having fun I am past fun on this thread.