Break Up the ESG Investing Giants – WSJ

Three of the largest investment shops in the U.S. BlackRock, Vanguard and State Street have long used their dominance in passive-investment funds to force corporations to comply with their preferred set of environmental, social and governance policies. Their reign, however, may be nearing its rightful end, as America s law enforcers are waking up to the threats the Big Three pose to investors and the economy.

via www.wsj.com