Financial Markets Authority report says ethical fund disclosure is insufficient

Financial Markets Authority report says ethical fund disclosure is insufficient
The FMA's Paul Gregory said investors often relied on “a leap of faith” when choosing. (Image: Supplied)
Dan Brunskill
Ethical investment funds are not providing enough information for customers to make an informed decision about where to invest, the Financial Markets Authority (FMA) says.The regulator has reviewed claims made by 14 Kiwisaver and other managed funds that use words such as sustainable, responsible, or ethical in their names.It found that all the funds fell short of expectations in at least one area, with most funds needing multiple improvements.“These deficiencies mean that it is difficult, or in some cases impossible, for an investor to f...

More Markets

NZ sharemarket starts week up 0.6%
Markets Market Close

NZ sharemarket starts week up 0.6%

The S&P/NZX 50 Index closed at 13,449.85, up 80.45 points or 0.6%.

Graham Skellern 24 Nov 2025
Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Andy Macdonald 24 Nov 2025
Gentrack in the hunt for 10 new customers
Markets

Gentrack in the hunt for 10 new customers

Shares climb more than 14% on hopes of at least three or four new customers.  

Another solar farm gets the nod from Genesis
Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 24 Nov 2025