Devon Funds joins the fray, rules out DGL

Simon Henry is facing a backlash for his comments. (Image: Supplied)

Fri, 06 May 2022

Devon Funds Management has become the latest fund manager to rule out future investment in DGL Logistics after its chief executive made racist and sexist comments.Victoria Harris, a Portfolio Manager at Devon Funds, said the chemical processing and logistics company had been added to its excluded companies list.“I am appalled by DGL CEO Simon Henry’s racist and sexist comments regarding My Food Bag ambassador Nadia Lim,” she said in a statement.“We also do not want to be associated with any company or person th...

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