Global conflicts hit short-term sustainable investment returns

As well as the war in Ukraine (above), there have been shock events in Israel and Gaza in the past few days. (Image: Getty)

Greg Hurrell

Wed, 11 Oct 2023

Managed funds in sustainable investments have underperformed one-year benchmarks as the war in Ukraine caused a surge in energy and fossil fuel stock prices, according to a new survey. The Responsible Investment Association Australasia (RIAA) noted the downturn but found RIAA-certified funds had matched or outperformed benchmarks over three, five and 10-year terms. The one-year results were in a year marked by share price falls across the board. The RIAA this week released its annual New Zealand benchmark report – a state o...

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