News

Bank fund managers 'conflicted on exclusions'

Monday 23rd of July 2018

Kiwi Wealth issued a white paper saying that sector exclusions were a blunt instrument to tackle responsible investment. They could work against investors and meant managers were neglecting their fiduciary duty to act in investors’ best interests.

“Not only are sector exclusions inflexible and limited in building investor value, it’s an approach that doesn’t necessarily effect any real o...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.