They have an obligation to provide me the investments described in the prospectus I was given when I decided to invest with them. Nothing in those prospectuses

They have an obligation to provide me the investments described in the prospectus I was given when I decided to invest with them. Nothing in those prospectuses says anything about handicapping returns based on social responsibility. The size of my investments with them is immaterial. Shifting the job of promoting social good to FMs also makes it impossible to compare them. They will all be able to excuse their shitty performance by saying that they earned their clients 22 Bonus Society Points this quarter. Finally: corporate responsibility of this variety is ephemeral. The correct avenue to obtain lasting change in corporate behavior is via government regulation. All private sector brouhaha about social responsibility does is give regulators a dodge: it allows them to say "look, they're self regulating!" and then sit on their hands.