Fiduciary duties highlighted as responsible investment increases

Tue, 09 Jul 2019

By Victoria Young July 10 (BusinessDesk) - Fund managers say the growing market for responsible investment may bring potential conflicts with their fiduciary duty toward clients. The responsible investment market in New Zealand rose by 2.5 percent to $188 billion last year, the Responsible Investment Association of Australasia revealed in a report released in Auckland yesterday. At the launch of its KPMG-compiled research into investments which take into account responsible environmental, social and governance principles - ESG - one...

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