Your Survival Guy

Preparing your investments and family for when disaster strikes.

Disclosure

  • Home
  • Your Survival
    • Your Survival Guy’s Super States
    • EMP Threat
    • Tucker Explains
    • Newport Gas Outage
    • Water
      • Emergency Water Storage
      • Let There Be Water
    • Get Your Gun and Your Training Now
    • Satellite Phones
    • Navy SEAL Survival Kit
  • Your Money
    • Coronavirus Infects Stock Market
    • Looking for a Better America
    • You Invest, They Win
    • Where to Keep Your Cash
    • Paris
    • How to Buy a Boat
    • Dead or Alive? The Future of Long-Term Investing
    • Is Vanguard too Big?
    • Cryptocosm and Life After Google
    • The Last Intelligence Report
    • The Truth Behind the S&P 500
    • RAGE Gauge
    • How Many “Retirees” Will Keep Working?
    • Your Retirement Life
    • You’ll Love This if You’re Dreaming of an Active Retirement Life
  • Weapons
    • Self Defense
    • Every Family Should Own at Least One Shotgun: Here Are Three
  • About Me
    • Preparing for Times Like These
    • My Videos/Pics
    • Music
      • RIP Neil Peart: You Will Always Be Remembered as a “Modern-Day Warrior”
    • Your Survival Guy: Make Your Bed and The Hero Code
  • You
    • Our Cabin on Kodiak, Alaska
    • If You Are in Pain, this May Help. It Helped Me.
    • How to Save for a Grandchild
    • FIRE! Financial Independence, Retire Early
    • Compound Interest
    • Arithmetic of Portfolio Losses
    • Maximum Portfolio Withdrawal Rate
    • An Efficient Frontier
    • Retirement Compounders
    • Counterbalanced Total Returns
  • Survive & Thrive
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • Welcome

Arrogant ESG Strategies Exposed by War in Ukraine

April 1, 2022 By E.J. Smith - Your Survival Guy

By Poring Studio @ Shutterstock.com

Your Survival Guy’s been ranting and raving ad nauseam lately about the pitfalls of ESG investing where you invest, and they win.

You know from my past posts that it’s basically a fee grab designed to line the pockets of investment firms.

At the core of green energy and the Great Reset are money and power. They control the pieces and the money. If we let them. And that’s where being vigilant about how you invest and with whom you invest becomes paramount.

When you simply ask, “What’s in it for them?” in rolls the fog. Follow the money. Solar panels and heat pumps will not be the savior of the long dark winters many of us experience. Do they even know how they sound pushing this stuff on us?

Look what happened to these same characters when they invested in Russian and Ukrainian bonds in their ESG funds. Matt Wirz reports for the Wall Street Journal:

Investors who bought a $2.1 billion BlackRock emerging-markets bond fund that tracks a JPMorgan ESG index have lost 4.74% since the invasion began, compared with a 3.78% loss for investors in its traditional emerging-markets fund, according to data from S&P Capital IQ. The ESG fund underperformed because it had relatively large allocations to Russian and Ukrainian government bonds and was slightly more sensitive to U.S. interest-rate moves, people familiar with the matter said.

The overexposure traces back to data JPMorgan buys from ESG-scoring companies such as Sustainalytics and to its index methodology, people familiar with the product said. JPMorgan, a self-styled leader on sustainability in finance, said within weeks of the invasion that it would cut Russia from its indexes.

“It becomes a question of whether the index owners are allocating capital appropriately,” said Fergus McCormick, director of sovereign research at Emerging Markets Investors Alliance, a nonprofit promoting good governance. “We had a lot of signals that some investors and analysts were taking the Russia risk seriously, but the industry as a whole was lulled into complacency.”

Money managers are rolling out sustainable investing in virtually every market from stocks and bonds to commodities and private equity, leaving regulators and investors to grapple with what qualifies for the label and what it even means.

Analysts and investors who don’t employ ESG strategies were also blindsided by Russia’s attack and the extent of the West’s retaliation. Credit rating firms ranked Russia as investment-grade in mid-February. Still, advocates of sustainable investing have touted it as a way to reduce reputational and political risk for their clients by accounting for such factors as carbon footprint, civil liberties and access to education.

“Bond investors’ main ESG focus is on mitigating downside risk,” BlackRock has said in promotional materials for its funds.

Action Line: Listen, there’s more of us than them. There’s a way forward. I hope you’re with me.

The following two tabs change content below.
  • Bio
  • Latest Posts
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
My Twitter profileMy Facebook profileMy Instagram profile

Latest posts by E.J. Smith - Your Survival Guy (see all)

  • BE VIGILANT: The Rats Are Scurrying in These Rough Markets - May 17, 2022
  • Young Americans Fall in Love with Farming, Again - May 17, 2022
  • Your Survival Guy: “Sell in May, Buy After Labor Day?” - May 16, 2022
  • Is Your Financial Advisor Hiding the Truth About ESG? - May 13, 2022
  • CRYPTO: Has the Fire Gone Out? - May 13, 2022

If you enjoyed this post, email it to a friend:

  • Email
  • Print
  • Facebook
  • LinkedIn
  • Twitter
  • WhatsApp

Related Posts

Money 101

Trending

  • CHAOS: Don’t Sacrifice an Entire Retirement with This Mistake
  • ESG Is Another Way to Attack Conservative Principles
  • LOOKING FOR LIBERTY: Retirees Revive Rural America
  • You Can Do Better than Mutual Funds and ETFs with Your Cash
  • Biden Admin ALREADY Distancing Itself from Controversial Disinformation Czar
  • Your Survival Guy: Make Your Bed and The Hero Code
  • MARKET CHAOS: This May Take Time, Here’s How to Prepare
  • PANOPTICON: The Deep State's Expanded Civilian Surveillance
  • RAGE GAUGE: INVESTOR CARNAGE—Losing Control of Your Money
  • Joe Biden is Weaponizing Your 401(k) Against You

Must Reads

  • Investment Advice: Sticking with the Four-Year-Olds
  • CRIME WAVE: A Top Cop Shouldn’t Have to Ask His City for This
  • HELLO: “How’s It Going? I Don’t Know Anything”
  • The Masters of the Universe Align Themselves with CHINA Using YOUR Money?
  • Why You Can’t Afford to Miss the Boat
  • Parents Are the New Tea Party. Bad Schools Are the New High Taxes.
  • Your Job as an Investor Is Not What You Think
  • Americans Fleeing High Tax States for Growth Corridors
  • Your Survival Guy: Simple Prepping for Winter Storms
  • Your Best State on Guns, Plus the 8th Wonder of the World
Only if You’re Serious
See Who's Missing the Boat
Key West Summer Camp in March
How Can You Save Money for Your Grandchild
Your Survival Guy's Fishing Stories
Money 101
Pandemic Creates Virtual Panopticon
Emergency Water Storage
Find Freedom in America
Second Amendment
Great Reset
Financial Independence, Retire Early
Richard  Young Reports
How You Can Save Money for Your Grandchild
Why Fidelity is Number One
The Best States for Survival
You Invest, They Win
Escape the City
Why Vanguard is Too Big for YOU
Island Life

Copyright © 2022 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.