Investors ditch woke causes after Donald Trump's victory Investors are turning their backs on woke causes following Donald Trump's US election victory.
A report by investment bank Jefferies said fund managers are more willing to speak out against environmental, social and governance (ESG) and diversity, equality and inclusion (DEI) issues.
'Fund managers are increasingly willing to say what they really think, even in the presence of colleagues, on such politically charged issues as environmental, social, and governance, or diversity, equity, and inclusion.'.
'Since Donald Trump's decisive electoral victory in November, [we] have noticed a change in behaviour in continuing meetings with investors.
Change of direction: Analysts described the trend as a 'stampede from wokeism' that has been accelerated by Donald Trump's re-election.
