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

25th Aug. 2020

Radio New Zealand's Kathryn Ryan talks to Barry Coates of Mindful Money, which has conducted new research into New Zealand's investment funds.

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 that $6.4 billion dollars 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?

Listen to the full interview here.