Pathfinder Water Fund becomes Vegan friendly

Updated: Nov 27, 2018


First they pulled out of bombs and cigarettes and now a New Zealand investment provider has gone a step further by offering a vegan-friendly fund.

Pathfinder Asset Management, which specialises in responsible investment and manages money on behalf of Ngāi Tahu, said it had tweaked one of its global equity funds to screen out companies with animal welfare and animal testing issues.

John Berry, Pathfinder chief executive, said it had made the move on the back of demand from investors.

"This year we have been approached by many investors who are concerned about animal welfare issues. These have included vegans, who are very passionate about cruelty-free investment, but also a much wider audience focused on animal testing and how animals are treated generally."

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www.nzherald.co.nz

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GENERAL INFORMATION ONLY

This information is general information only and does not take account of your individual investment objectives or financial situation.
Pathfinder Asset Management encourages all investors to seek independent financial advice prior to making investment decisions.