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World

The absurdities of a ‘meritocracy fund’

9 December 2024

6:48 PM

9 December 2024

6:48 PM

‘Go woke, go broke,’ runs the catchphrase. Now, at last, we are presented with the welcome opportunity to put this proposition to the test. A new exchange-traded fund has been launched in the US whose unique selling point is that it will refuse to invest in companies which use Diversity Equity and Inclusion criteria in their employment policies.

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