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Vivek Ramaswamy's fund manager Strive sticks to its 'anti-woke' mission

Vivek Ramaswamy announced his run for US president and resigned from active involvement in Strive, the anti-ESG fund manager he founded. Strive markets itself as a provider of exchange traded funds to investors who believe companies are too involved in societal issues such as racial equity and clima

  • Vivek Ramaswamy resigned from active involvement in Strive, the anti-ESG fund manager he founded, upon announcing a run for US president.
  • Strive markets itself as a provider of exchange traded funds for investors who believe companies are too involved in societal issues such as racial equity and climate change.
  • Strive has $600mn in assets under management in eight funds, almost entirely from retail investors.
  • Strive launched an ETF for emerging markets, Ex-China (STXE), earlier this month that includes $100mn in seed money from an unnamed institutional investor.
  • Strive also launched a proxy advisory business last month.
Vivek Ramaswamy's fund manager Strive sticks to its 'anti-woke' mission
While its founder plots US presidential run, ETF provider presses ahead with challenges to proxy advisers

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