Doing well, doing good: ethical KiwiSaver funds top rankings

An academic has warned ESG outperformance is due to its sudden popularity not the underlying securities. (Image: Getty)

Thu, 10 Feb 2022

KiwiSaver funds emphasising responsible investing were the top performers in the December quarter, according to the latest Morningstar report.The quarterly rankings show ethical investors delivered the highest returns in four of the five categories.Medical Assurance Society led the moderate funds with a 2.1% return, ASB’s new Positive Impact was the top balanced fund at 4.1%, Pathfinder took out the growth category with 5.1% return, and Kiwi Wealth the aggressive growth category at 6.1%.All these funds are certified by the Responsible Inv...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

The Quiz Free

QuiznessDesk: Thursday, Oct 31

One Night in Bangkok was a hit song from what musical?By inserting an extra letter, what word meaning a small group of trees can be changed to one meaning a dead body?State Highway 2 between Gisborne and Opotiki passes through what gorge?What was the nickname of a 1940s Hollywood...

The Quizmaster 9:15am