Around the same time as the rock band The Who sang “meet the new boss, same as the old boss” indexing was already becoming a thing in the investment world. Today, the old boss is now the new boss and the benefits supposedly derived from indexing have withered under its own success.

Founder, Managing Partner Bill Davis and Portfolio Manager Kyle Balkissoon take on Robert Armstrong and The Financial Times on their heavily opinionated piece on ESG. Read more below on why Stance Capital says the Financial Times is wrong.