Kiwi Wealth takes aim at blunt sector exclusions which undermine value

Mon, 30 Oct 2017

By Paul McBeth Oct. 30 (BusinessDesk) - Kiwi Wealth has launched a broadside at its rivals over their use of blanket sector exclusions when trying to meet growing consumer demand for responsible investment, saying it falls short of international best practice and undermines the value of an investment. The funds management arm of state-owned Kiwibank issued the warning in a white paper released at the Responsible Investment Association of Australasia conference in Auckland today, which showed responsible investment climbed 67 percent to $...

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