Another KiwiSaver provider is set to launch with sustainability-focused Auckland boutique manager Pathfinder throwing its hat in the ring. According to its recently-released statement of investment policy and objectives (SIPO), the ‘CareSaver’ scheme features three risk-weighted portfolios that invest into directly-held stocks that score highly on environmental, social and governance (ESG) measures. The new scheme invests according to “ethical beliefs” as well as “robust” research-based approach, the CareSaver SIPO says. “We expect companies with high environmental, social and governance (ESG) metrics to perform better than low … [Read More...]