Why biblically responsible investing is gaining traction

Sometime early this year, I finally became a member of Oscar Isaac’s fandom. His standout performance in A Most Violent Year was something to behold. Abel Morales, his character in the movie, resists undue pressure to play-dirty in the oil business. Throughout, he takes the moral high ground and fights with a good conscience.

In my mind at least, the movie excellently depicted the never-ending morality wars inside real market places. For example, while ethical funds have steadily gained prominence, vice funds (funds investing in tobacco, gambling and alcohol industries), on the other hand, have also begun gaining momentum. Though corporate governance principles are well understood, corporate vices (read slush money, sub-standard goods, hoarding, hush money et cetera) are still very much the norm.