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Despite increasing pressure to vote their shares, some asset managers are not making progress on stewardship, a recently released report said. Asset owners would do well to keep up the pressure.
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Investing for good - the new moves to take the nasties out of your KiwiSaver 30 Apr, 2021 05:32 AM 15 minutes to read Fossil fuel investments must be excluded under the new default KiwiSaver provider appointments. Photo / File Five years ago, KiwiSaver investors were shocked to find their retirement savings were propping up companies involved in cluster bombs, landmines and tobacco. Fund managers pulled out of the investments, black-listing a range of companies in those sectors and building "exclusion lists" to make sure they kept onside with members. Now a new group of excl...