What’s the fiduciary duty of index investors when it comes to gun companies?

Guns are big business, with lots of investors. Weapons sales in the US last year totaled $12.4 billion, up from $10.3 billion in 2016. It’s the fiduciary duty of the diversified investment manager to look beyond the performance of a handful of weapons companies to how gun sales affect the broader economy. Take BlackRock. The … Continue reading What’s the fiduciary duty of index investors when it comes to gun companies?