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Should maximizing financial returns be the sole consideration when financial advisors choose investments for their clients’ retirement plans?
The passage of Florida’s “Anti-ESG” bill in May has spotlighted this national debate, one with potentially serious implications for investment advisors with environmental, social, and governance offerings. “We want [state fund managers] to act as fiduciaries,” Gov. Ron DeSantis was widely quoted as saying before he signed the bill into law. “We do not want them engaged on these ideological...
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