Opinion

BARRY COATES: Inside the Black Box

Barry Coates
Sun, 27 Sep 2020

The world of investment funds management is full of surprises.A recent report by Mindful Money, Inside the Black Box of New Zealand Investment Funds, shows there is $1.6 billion of KiwiSaver and retail investment funds invested in fossil fuel companies. At a time when the transition to a clean energy future is well under way, why would managers of KiwiSaver funds and retail investment funds still be heavily invested in fossil fuels?It is clearly not for financial reasons.The value of fossil fuel companies has collapsed over the past five y...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion

Where can you put your money at present?

Brian Gaynor | Sat, 28 Nov 2020

In a low interest rate environment and with residential property running hot, where does today's investor look for other sources of blue sky?

Opinion

Holiday shoppers should be buying less, not more

Jehan Casinader | Sat, 28 Nov 2020

Rampant consumerism is a think of the past right?

Listed Companies

Air NZ adds brand-new destination – Guangzhou

Pattrick Smellie | Fri, 27 Nov 2020

The national carrier secured government subsidies for at least 55 weekly international cargo flights between December and the end of March in an extension of the lifeline for NZ fresh produce exporters.

BARRY COATES: Inside the Black Box

Not convinced yet?

Your company has a subscription

Team