'Impact' funds can and should make money

'Impact' funds can and should make money
A Restore Passenger Rail protester is carried away by police after gluing herself to the road. (Image: NZME)
Greg Hurrell
Impact investment funds should be just as focused on making money for investors as they are on doing good, a forum in Wellington heard this week.Investment firm Harbour Asset Management held a one-day responsible investment forum in the capital on Wednesday to share ideas on impact investing. Harbour launched a sustainable impact fund in November 2021. As at March this year, it was valued at about $5.8 million. It had 24.4% of funds invested in Australasian equities at that date.The fund's senior credit analyst, Øyvinn Rimer, sa...

More Sustainable Finance

Climate reporting standards yet to push change for fund chiefs
Sustainable Finance

Climate reporting standards yet to push change for fund chiefs

Investment managers here still lagging well behind Australia's on climate action.

Greg Hurrell 05 Jul 2024
Moves afoot to push more commercial investment into climate adaptation
Infrastructure

Moves afoot to push more commercial investment into climate adaptation

KPMG says the global insurance market has sat up and noticed NZ's vulnerability.

Greg Hurrell 01 Jul 2024
$2b solar farm project aims to generate 15% of daytime electricity
Energy

$2b solar farm project aims to generate 15% of daytime electricity

The company is bucking trends by building before securing supply contracts.

Greg Hurrell 25 Jun 2024