Free Republic

(Reuters) - Vanguard Group's decision last month to quit a key climate change coalition underscores how the retail investors who dominate its client base focus less on environmental, social and corporate governance (ESG) priorities than institutional investors. Vanguard said last month it would drop out of the Net Zero Asset Managers (NZAM) initiative, whose members commit to making their investment portfolios emission-neutral by 2050. It said 80% of its close to $8 trillion in assets are in its index funds, which primarily attract retail investors. These funds generally do not have discretion to include or exclude stocks beyond a pre-set...

The ABC, CBS and NBC evening news networks chose to whitewash news that the world’s second largest investment firm left a woke “climate alliance” of elitist money managers. Financial Times reported Dec. 7, that Vanguard Group departed from the Net Zero Asset Managers (NZAM) initiative, “the main financial alliance on tackling climate change.” The Times said that Vanguard cited “investor ‘confusion’ amid increase in criticism from Republicans” as the reason behind the defection. In November, 13 Republican attorneys general led by Utah Attorney General Sean Reyes “filed a rare motion” asking the Federal Energy Regulatory Commission (FERC) “to prevent” Vanguard...

th this week’s announcement by the asset management giant Vanguard that it is exiting the Net Zero Asset Managers Initiative, a sub-unit of the Glasgow Financial Alliance for Net Zero, it is clear that the Environmental, Social and Governance (ESG) movement is no longer in unfettered ascension. Although we're still far from being able to claim that U.S. investors are free of the talons of ESG, it is clear that the voice of investors and industry leaders who have been the target of these evangelists can no longer be ignored. Created to repair the purported damage caused by capitalism, the...

Vanguard will no longer participate in the Net Zero Asset Managers initiative as lawmakers and the broader marketplace scrutinize the company’s support of the environmental, social, and governance movement, also known as ESG. Signatories of the Net Zero Asset Managers initiative promise to move portfolio companies closer to eliminating net carbon emissions by 2050 or sooner. Vanguard will withdraw from the initiative to “provide the clarity our investors desire about the role of index funds and about how we think about material risks, including climate-related risks,” according to a statement. The move occurred hours after officials in the state of...

Asset management company Vanguard hosted a diversity training in July asking white men to accept “uncomfortable” criticism about their implicit biases, footage obtained by The Daily Wire shows. Vanguard, which manages over $7 trillion in client assets, hosted the event as part of its commitment to diversity, equity, and inclusion. In line with that commitment, Vanguard tapped a consultant to host a two-hour session called “The Critical Lever: Engaging White Male Managers in Advancing Diversity & Inclusion.” “Unless you are actively including, you are likely accidentally excluding,” Laura Sherbin, managing director at diversity consulting firm Seramount, told more than 2,000...

Some of the major players who have been behind the scenes in the recent past are quickly taking very public control over our future. It's time to stand up and point a spotlight on them. ************************************************************************** For the last year, we have railed against the two most powerful financial institutions in the world: BlackRock and Vanguard. And by “financial institutions,” we really have to use that label because they’ve gone far beyond simply being the biggest investment management firms with over $10 trillion between them. They now wield extreme levels of direct power over the most crucial industries in the...

The Republican-led Florida Senate passed a bill Wednesday that would eliminate a special tax district that has allowed Walt Disney Co. to govern the land where its theme parks sit, as lawmakers target the company for opposing legislation restricting classroom instruction on gender and sexuality. The measure still needs to pass the GOP-led House, which is expected to approve it. Republican Gov. Ron DeSantis, who called for lawmakers to consider such a bill in a special session he convened this week, has made clear he would sign it. The measure potentially delivers a blow to the company’s operations in the...

While Elon Musk is trying to buy Twitter Inc., he’s no longer the company’s largest shareholder. Funds held by Vanguard Group recently upped their stake in the social-media platform, making the asset manager Twitter’s largest shareholder and bumping Mr. Musk out of the top spot. Vanguard disclosed on April 8 that it now owns 82.4 million shares of Twitter, or 10.3% of the company, according to the most recent publicly available filings with the U.S. Securities and Exchange Commission. The asset-manager increased its stake in the company at some point during the first quarter, according to the filings. Vanguard’s holdings...

Stockholders banking on the Covid injections to line their pockets have very merry news this holiday season as they rake in the returns from a raging bull market on Moderna and Pfizer shares.Big pharma executives and shareholders saw their wealth skyrocket in the week after Omicron was “discovered,” with eight top Pfizer and Moderna shareholders making a combined $10.3bn, City A.M. reported on 6 December, less than two weeks after Omicron was announced.The two drug companies manufacture mRNA Covid injections and with Omicron sweeping the world, investors are sweeping the returns into their bank accounts. The eight top Pfizer and...

The Oligarchs are liable to find that AOC or another more charismatic dictator will put them in their place. Isn't Russia now far more religious and traditional than the US? Yes, but we still pray for Russia's conversion because of the "Russia" infesting the soul of America. A leader of the Frankfurt School, to make the West stink, was Herbert Marcuse, of Columbia, Harvard, Brandeis and UC San Diego, whose contribution to CRT and other current wokist aberrations, was then called partisan tolerance, wide "tolerance", but only of only "correct" views. I don’t believe we’re in the end times, because...

Here is an alternate address if YouTube deletes this video -- https://rumble.com/vmyx1n-monopoly-who-owns-the-world-documentary-by-tim-gielen.htmlThis video ties it all together concisely. Send this out as far as you canHe covers everything. How and why the Corona virus panic was created. For the great reset of course. World Economic Forum -- You will hear Claus Schwab speaking, bragging about his reset agenda. That will lead to a "boot stamping on a human face, forever" George Orwell.He lays it out how the world's largest investment funds are Vanguard and Black Rock. How they hold mega-shares in the world's largest most important corporations. Everything you have...

BlackRock and the Vanguard Group, the two largest asset management firms in the world, combined own The New York Times and other legacy media, along with Big Pharma. Big Pharma and mainstream media are largely owned by two asset management firms: BlackRock and Vanguard. Drug companies are driving COVID-19 responses — all of which, so far, have endangered rather than optimized public health — and mainstream media have been willing accomplices in spreading their propaganda, a false official narrative that leads the public astray and fosters fear based on lies. Vanguard and BlackRock are the top two owners of Time...

Imagine a world in which two asset managers call the shots, in which their wealth exceeds current U.S. GDP and where almost every hedge fund, government and retiree is a customer. It’s closer than you think. BlackRock Inc. and Vanguard Group — already the world’s largest money managers — are less than a decade from managing a total of US$20 trillion, according to Bloomberg News calculations. Amassing that sum will likely upend the asset management industry, intensify their ownership of the largest U.S. companies and test the twin pillars of market efficiency and corporate governance. None other than Vanguard founder...

If you’ve been thinking of buying a house, you’ve probably noticed that house prices are soaring everywhere, not just in the usual preferred zip codes. You might have thought this is simply because of market deformations thanks to COVID and the lockdowns. In fact, the soaring prices reflect something much more sinister: Blackrock, an investment company is buying up housing stock, turning America into a nation of renters – that is, people with no stake in their communities or their futures. However, what’s really sinister is that it’s not just housing stock. BlackRock, along with The Vanguard Group, owns a...

Jack Bogle, founder of Vanguard, has died.

A short interview with Jack Bogle (the father of the low cost index fund) who gives his thoughts on where markets may be going. Appx 6 minute.

David Hogg, a 17-year-old high school senior and survivor of the mass shooting at Marjory Stoneman Douglas High School, is now an outspoken gun law activist. He took to Twitter on Tuesday to encourage a boycott of BlackRock (BLK) and The Vanguard Group. _______________________________________________ #BoycottVanguard #BoycottBlackrock — David Hogg (@davidhogg111) April 17, 2018 _______________________________________________ BlackRock, Invesco (IVZ) and Vanguard are the top three institutional holders of American Outdoor Brands (AOBC), the parent company of Smith & Wesson Corp., one of the world’s largest gun manufacturers. BlackRock and Vanguard are also the largest holders of gunmaker Sturm Ruger (RGR). Many of...

One of Parkland, Fla.'s most prominent student activists on stopping gun violence has called for a boycott of Vanguard and BlackRock, two of the world's biggest investors in gunmakers. In a post on Twitter on Tuesday, David Hogg remarked on the firms' ownership of gun maker stocks, adding "if you use them, feel free to let them know." Then he added two tags: BoycottVanguard BoycottBlackrock.

It was more than 70 years ago, in the closing months of the war in Europe, that Princess Elizabeth launched her first warship at the age of 18. Then it was the mighty battleship Vanguard, the last of its kind to serve in the Royal Navy. And yesterday, aged 91, the Queen commissioned Britain’s biggest ever warship, the HMS Queen Elizabeth, into the Royal Navy. In a moving speech to the crew while stood in the hangar of the 65,000 ton aircraft carrier at Portsmouth naval base, she said it embodied the ‘best of British’. The Queen said: ‘The most...

My children be not dismayed with the array of things that beset the worldly for you ARE My Kingdom Come and now you shall walk in My attributes as never before. As Enoch now you shall be with Me, as Elisha when you call I shall come for you dressing you fresh in the Mantle of My Resurrection Power to take back the land from the evil one for I AM coming soon for you and NOW is your time to ( (( SHINE )) ) 2 Kings 2:14 Then he took the cloak of Elijah that had fallen from...