Anti CSR Funds, Why?

nyse.jpgIn slightly better taste than the Vice Fund, the Free Enterprise Action Fund purports “to seek long-term capital appreciation through investment and advocacy that promote the American system of free enterprise”. Their premise is that CSR is an anti-business threat tainted with “leftist” agendas. Are they on to something, or is this a reactionary blip against a much stronger tide of conscientious business? Anita Green of PAX makes the counterpoint that CSR’s roots are in the church, “not exactly a bastion of liberalism”… (more on Morningstar)
This is definitely a topic worthy of further discussion – click the “discuss” link under this post to join in.

Nick Aster is a new media architect and the founder of has grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He worked for, managing the technical side of the publication for 3 years and has also been an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.

One response

  1. I just found another interesting article on the topic, from MSN Money. It has some tables comparing major holdings and performance.

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