'Work to do' to get advisers on to responsible investment

The Responsible Investment Association of Australasia’s latest annual report has been released, which shows $78.7 billion invested responsibly in New Zealand.

Total New Zealand assets managed under responsible investment strategies has grown by 28% in the last year.

The investment is happening though everything from the country’s largest institutions to boutique funds and KiwiSaver providers.

“This isn’t just a passing trend, but an evolution of the entire sector that is now being driven strongly by the acknowledgement that investments perform better when they are investing in more sustainable companies and assets,” said Simon O’Connor, RIAA chief executive.