25 Aug 2020

Why are billions still being invested in places Kiwis want to avoid?

From Nine To Noon, 9:30 am on 25 August 2020

A new report, called Inside the Black Box of New Zealand Investment Funds, provides a snapshot of the portfolio holdings of all KiwiSaver and New Zealand retail investment funds.

It examines 670 investment funds, and finds $6.4 billion dollars of KiwiSaver is still being invested in companies New Zealanders would like to avoid.

What more could be done to encourage divestment from things like fossil fuels, gambling and areas with dubious human or animal rights records?

Kathryn talks to Barry Coates, founder and CEO of Mindful Money which has conducted the research.

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Photo: 123RF

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