Almost good: a tale of responsible investing

Almost good: a tale of responsible investing
Responsible investing's best intentions are increasingly popular. (Image: Depositphotos)
David Chaplin
New Zealand is about two-thirds good, according to the latest annual survey of the local responsible investment market.The Responsible Investment Association Australasia study found about $221 billion of an estimated $328b total NZ funds under management had some claim to goodness as measured by environmental, social and governance – or ESG – awareness.But some managers are better than others, RIAA says, with 21 of the 47 funds in the survey ranked as ‘responsible investment leaders’, accounting for $142b, or 43%, of the...

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