RESEND: New Zealand offers rich pickings for Australian ethical investment fund

Tue, 13 Mar 2018

(Fixes typo in sixth paragraph.) By Tina Morrison March 14 (BusinessDesk) - New Zealand has provided rich pickings for Australia's largest ethical investment fund, producing some of its best investments, according to the Kiwi who has managed its local equities for the past decade. Wellington-born Andy Gracey has been portfolio manager for Australian Ethical Investment's flagship Australian Shares Fund since 2008. The fund screens out industries it deems negative, such as liquor firms, and will only invest in stocks deemed to be virtuou...

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