Fewer than 1 in 7 active equity managers outperform the broad market in any five-year period. Over the past five years, not one relied exclusively on a net-zero investment methodology.
ESG Investing Alliance “We don’t believe that we should dictate company strategy,” Tim Buckley, chief executive at Vanguard said
[Vanguard CEO](https://t.co/utXCjCrMa2)
Discussion
IMO too many money managers invest too broadly to lower volatility and “de-worsify” their portfolios, and then underperform their benchmarks after charges.