‘Anti-woke’ asset manager files to launch equity ETFs

Contact Your Elected Officials
CityWire Selector

Strive Asset Management launched earlier this year with a focus on fighting so-called ‘stakeholder capitalism’.

Strive Asset Management, a billionaire-backed firm aiming to push against what it perceives to be corporate ‘wokeness’, has filed for its first two ETFs.

On Thursday afternoon the firm filed paperwork for the Strive US Technology ETF and the Strive Emerging Markets Ex-China ETF, both of which aim to launch later this year. The former would have an expense ratio of 0.41% and the latter’s fees would be 0.25%.

The portfolio managers for both funds would be Matt Cole, a  CalPERS veteran now working as Strive’s head of product and investments, as well as Brandon Koepke and Richard Shaner, according to the filing. 

The Columbus, Ohio-based asset manager is led by Vivek Ramaswamy, the former CEO of Roivant Sciences, a biotech firm.

Strive has raised more than $20m as of early May, with early funding from billionaire investors Peter Thiel and Bill Ackman, as well as musician DA Wallach and Palantir co-founder Joe Lonsdale.

The firm was founded amid a pushback among American conservatives against large corporations, which historically have found more friends in the GOP than among US liberals. 

‘We want iconic American brands like Disney, Coca-Cola and Exxon, and US tech giants like Twitter, Facebook, Amazon and Google to deliver high-quality products that improve our lives, not controversial political ideologies that divide us,’ Ramaswamy said in a statement last month, explicitly positioning Strive against the likes of BlackRock.

‘The Big Three asset managers have fueled this polarizing new trend in corporate America, and that’s why we’re going to compete with them head-on to refocus American companies on the shared pursuit of excellence over politics,’ Ramaswamy said.

By WILL SCHMITT

Read Original Article on CityWireSelector.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Why the Trump Administration is Sitting on the Epstein Files

President Trump, AG Bondi, and FBI Dir. Patel have the advantage over us in that they see the big overall picture when it comes to the Epstein List.

Trump’s “Major Statement” On Russia Is A Clumsy Attempt To Thread The Needle

The “major statement” on Russia Trump hyped up turned out to be an attempt to thread the needle between escalating US involvement in Ukrainian and walking away from it.

AI Takes Customer Service from Doublespeak to Triplespeak

Corporations are replacing customer service agents with AI agents. Here's a real-life example of attempting to use AI to have my internet restored.

The Left’s Descent into Extremism  

The political left, from mainstream Dems to radical Antifa, have embraced extremism, alienating swaths of the public and undermining their own influence.

Roger Stone Speaks About Trump at Turning Point USA

Longtime Donald Trump friend, Roger Stone, gave a speech at the 2025 TPUSA convention offering his take on the recent Epstein List controversy.

Violence Against ICE Escalates Across America

ICE officers face increased confrontation on the street, which crosses the line between free speech and physical violence.

International Buyers Purchased $56 Billion Worth of US Homes in 1 Year

Foreign buyers purchased $56 billion worth of existing homes in the US between April 2024 and March 2025, up by 33.2% from the previous 12 months.

Inflation Ticks Up Again in June as Annual Rate Reaches 2.7 Percent

U.S. inflation registered its largest increase in five months in June and provided little indication whether tariffs were triggering price pressures.

What to Know About the ICE Operation at California Cannabis Farms

The immigration operation at two cannabis farms led to the detention of 361 Illegal Immigrants, and 14 unaccompanied minors being found.

Attorney General Pam Bondi Dismisses Justice Department’s Top Ethics Lawyer

AG Pam Bondi terminated the head of the DOJ’s ethics division, according to a letter posted to social media by the fired official.

Trump to Announce $70 Billion Energy and Innovation Investment in Pittsburgh

President Trump is meeting with business leaders to discuss how best to meet the energy and computing needs of the future.

Trump Says He Spoke to Bongino Amid Reports of Infighting Over Epstein Files

President Trump spoke to FBI Deputy Dir. Dan Bongino, indicating the two remain close despite reported friction over release of Jeffrey Epstein docs.

EU Won’t Retaliate to Trump’s 30 Percent Tariff, Countermeasures on Hold Until August

EC President Ursula von der Leyen said EU will extend suspension on countermeasures to U.S. tariffs until next month while trade negotiations continue.
spot_img

Related Articles