Exxon activist investor shakes up USD 6.5trn ETF market

Not content with roiling a major oil company and sending shock waves through the market, Engine No. 1 is looking to kick start a mini-revolution in how trillions of dollars of passive cash engages with Corporate America.


Impact investment group Engine No. 1 is gearing up to launch its first exchange-traded fund, called the Engine No. 1 Transform 500 ETF. The clue as to how it hopes to shake things up? It’s in the ticker: VOTE.

Instead of excluding companies with bad scores in environmental, social and governance metrics, or handing "good" companies a bigger weighting, the fund aims to encourage better behavior using its shareholder voting rights.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch