Anti-ESG Fund Makes Unlinking of CEO Pay and DEI a Priority

Strive Asset Management LLC, known for its anti-ESG efforts, will keep pushing companies to cut links between executive pay and diversity or sustainability goals, after claiming success in encouraging a corporate retreat from climate and equality policies.

Strive, which has assets under management of more than $1.9 billion and saw a jump in inflows in the months after the November US election, regards the issue as a major future area of focus, Chief Executive Officer Matt Cole said in an interview.