People aren't going to decide first "I want to do political investing, not let's decide between ESG or anti-woke." ESG investing exists because there is demand for it. Anti-woke investing, or a parallel economy, does not exist because there's not enough demand for it. Saying that ESG investing is strong because it's "the only game in town" gets the causality all wrong
Anti-woke options are there, they failed due to their unpopularity, not because ESG investing anlready exists.
> ESG investing exists because there is demand for it.
Which demand? I can't imagine that suddenly shareholders woke up and considered that "we don't care about making money anymore, now we are going to add metrics that have nothing to do with making profits"
Anti-woke options are there, they failed due to their unpopularity, not because ESG investing anlready exists.