Vanguard Resigns From NZAM Intiative
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Not On The VanguardVanguard, which is the second largest asset manager in the world, resigned on Wednesday from the Net Zero Asset Managers (NZAM) initiative that had the goal of zero carbon emissions by 2050. In the wake of Blackrock’s ESG blowback and termination by the State of Florida, Vanguard apparently did not want to be lumped in the same camp. Q3 2022 hedge fund letters, conferences and more Furthermore, Vanguard said that its NZAM alliance had resulted “in confusion about the views of indiv...