Katie Porter: “Investment managers have fiduciary duties to make good…”

“I would imagine, as I said earlier, if there are signals that inform your view of future cash flows and risks as a fiduciary, you would actually fail in your responsibility if you didn't look at those signals. Right? So, I mean, Investment managers have fiduciary duties to make good investments. If they find ESG useful, then they find ESG useful. And if you disagree with them and you think they're mismanaging your money, sue them. What am I missing here?” (00:55–01:01)

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