Veteran Financial Advisors Launch First Patriotic Investment Manager
ARLINGTON, Va., June 17, 2014 /PRNewswire/ -- Freedom Capital Investment Management today announced the founding of the first asset manager focused on investments that strengthen America and its allies - the first investment manager dedicated to Patriotic Responsible Investing.
"Investing in patriotic sectors when they are abandoned by capital influenced by the left can be good business," Freedom Capital co-founder Jeff McClure said. "Freedom Capital managed funds will seek to profitably invest in opportunities that emerge when an irrational social agenda informs bad investment decisions."
There are hundreds of investment groups devoted to Socially Responsible Investing (SRI) that attach a left-leaning social agenda to their investable dollars. Almost 1,200 groups managing $35 trillion have signed a United Nations accord committing them to follow SRI principles. As a result, many disinvest from profitable sectors of the economy - sectors Freedom Capital will focus on including weapons and munitions, energy extraction and infrastructure, cyber-security, and more. The fund will also focus on investments that fuel robust economic growth, including agriculture and agricultural products, strategic real estate, and small- and medium-sized companies, where the vast majority of Americans are employed.
"The pace of politically-correct investing has increased in recent years; nearly 500 SRI-driven mutual funds have launched since 1995," McClure said. "According to the US SIF Foundation there's more than $3.7 Trillion in capital managed by SRI asset managers with a liberal bias. When they apply SRI filters on a massive scale, unique opportunities are created for investors who value growth and freedom."
Following the tragic 2012 shooting in Newtown, Connecticut, Cerberus Capital Management was pressured to divest of Remington Outdoor, owner of Remington, Bushmaster and other gun manufacturers. California State Teachers' Retirement System, the University of California and others pushed for the fire sale of the company. Stocks in other gun manufacturers dropped precipitously as other SRI-driven investors walked away from legal companies long considered strong investments. In this scenario, Freedom Capital would be buying.
"Freedom Capital will be the first investment manager dedicated to what we call Patriotic Responsible Investing," McClure said. "We believe there is remarkable potential in this market - especially for the first mover."
ABOUT FREEDOM CAPITAL
Freedom Capital profitably invests in opportunities that strengthen America and its allies, thereby enhancing global freedom. The liberal bias of today's investment marketplace unfairly raises the cost of capital for the most important guardians of American freedom. To find out how Freedom Capital intends to change all of that, please visit www.invest-in-freedom.com. Freedom Capital and any to-be-formed entities are not yet registered with any regulatory body as an investment advisor.
SOURCE Freedom Capital Investment Management
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