If you'd want to invest in a world index via ETF or fund but wouldn't want to park your money at asset managers using their voting power to push agenda's such as ESG/DEI/Woke/Genders/Rainbows/Unicorns/etc how would you go about it?
"The three largest passive asset managers (Blackrock, State Street, Vanguard) control more than $20 trillion and vote nearly one-quarter of all shares cast at corporate annual meetings to support social agendas disfavored by many Americans whose money they manage." source
Florida pulling 2 billion out of BlackRock
I came across Strive Asset Management for example but it doesn't seem they've UCITS type ETFs.
Additionally I read that HSBC (an alternative I considered) fired a top-manager who didn't follow their stance on climate change and they put up billboards in the UK pushing DEI agenda.
EDIT: It seems this is a sensitive topic, apparently I'm a far right extremist by saying this. TLDR: I'm just looking for asset managers who stay clear of any political matters and don't use their voting rights coming forth from index funds!
"Index fund providers have come under fire from both left and right over their influence on US companies" source (FT)
EDIT 2: I found a related thread in a different subreddit which mentions possibilities of ETFs with proxy-voting
EDIT 3: I found one helpful answer here: "It is no secret that the financial industry moves at a glacial pace. Academics started advocating for pass-through voting back in 1980, and yet the first pass-through vote was not placed until BlackRock’s Voting Choice was launched in 2021, a full 41 years later. But change is coming. On top of the proposed INDEX Act in the U.S. which, if passed, would require passive fund managers to solicit investors’ voting preferences, the biggest three fund managers – BlackRock, Vanguard, and State Street – have begun offering pass-through voting. In the UK, CIRCA5000 in partnership with Tumelo recently launched the first suite of ETFs that offer pass-through voting. Institutional investors, in the U.S. especially, have also begun to request pass-through voting from their fund managers."
"The three largest passive asset managers (Blackrock, State Street, Vanguard) control more than $20 trillion and vote nearly one-quarter of all shares cast at corporate annual meetings to support social agendas disfavored by many Americans whose money they manage." source
Florida pulling 2 billion out of BlackRock
I came across Strive Asset Management for example but it doesn't seem they've UCITS type ETFs.
Additionally I read that HSBC (an alternative I considered) fired a top-manager who didn't follow their stance on climate change and they put up billboards in the UK pushing DEI agenda.
EDIT: It seems this is a sensitive topic, apparently I'm a far right extremist by saying this. TLDR: I'm just looking for asset managers who stay clear of any political matters and don't use their voting rights coming forth from index funds!
"Index fund providers have come under fire from both left and right over their influence on US companies" source (FT)
EDIT 2: I found a related thread in a different subreddit which mentions possibilities of ETFs with proxy-voting
EDIT 3: I found one helpful answer here: "It is no secret that the financial industry moves at a glacial pace. Academics started advocating for pass-through voting back in 1980, and yet the first pass-through vote was not placed until BlackRock’s Voting Choice was launched in 2021, a full 41 years later. But change is coming. On top of the proposed INDEX Act in the U.S. which, if passed, would require passive fund managers to solicit investors’ voting preferences, the biggest three fund managers – BlackRock, Vanguard, and State Street – have begun offering pass-through voting. In the UK, CIRCA5000 in partnership with Tumelo recently launched the first suite of ETFs that offer pass-through voting. Institutional investors, in the U.S. especially, have also begun to request pass-through voting from their fund managers."