Kiwi fund managers embrace responsible investing, but worry it won't pay

Thu, 05 Oct 2017

By Pattrick Smellie Oct. 6 (BusinessDesk) - New Zealand fund managers woke up to the importance their customers place on investing in companies with high environmental, social and governance (ESG) standards, but worry more than their global peers that those priorities won't deliver high enough investment returns. The second annual New Zealand Investment and Operations Outlook Survey shows 18 percent of funds managers indicated "a lack of belief that ESG will improve long-term goals", compared with 7 percent of their global funds managers,...

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