Ethical investing on human rights grounds 'too hard' - Simplicity

Mon, 29 Jul 2019

By Victoria Young July 29 (BusinessDesk) - Simplicity founder Sam Stubbs says New Zealand managers only have so much control over international investments and that it's "too hard" to make exclusions on human rights grounds. The non-profit KiwiSaver provider relies on Vanguard Investments to screen international equities to exclude fossil fuels, alcohol, tobacco, gambling and casinos, civilian firearms, adult entertainment, military weapons and nuclear weapons. However, like many passive investors, the Vanguard fund is invested in Ba...

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