'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

Power to the people? Social Investment Agency goes live
Policy

Power to the people? Social Investment Agency goes live

The agency needs some wins to survive the political cycle.

Greg Hurrell 23 Dec 2024
NZ companies hold back on nature-based reporting
Sustainable Finance

NZ companies hold back on nature-based reporting

Not everyone at Cop 16 in Columbia was sold on the concept.

Greg Hurrell 18 Dec 2024
Sustainable finance certifiers harden up
Sustainable Finance

Sustainable finance certifiers harden up

Ethical investors are facing tougher scrutiny, says ESG fund certifier.

Greg Hurrell 10 Dec 2024
NZX sustainability leaders surge ahead of the stragglers
Sustainable Finance

NZX sustainability leaders surge ahead of the stragglers

So far NZ companies are mostly resisting an international trend of backsliding targets.

Greg Hurrell 04 Dec 2024