How we invest
Our responsible investment policy (PDF 84KB) forms the guiding principles for how our fund managers decide where to invest. It covers all the environmental, social, and governance (ESG) factors that we consider in every investment decision. This helps ensure the investments we make reflect the evolving attitudes of our investors and society.
We expect our investment managers to engage with companies on ESG matters and will work with relevant investment managers to implement any changes to our responsible investment policy.
Our underlying investment managers
We use the expertise of experienced global and domestic investment managers to manage our investment solutions. BNZ Investment Services Limited is a signatory to the Principles for Responsible Investment, as are all of our managers. When we appoint or review managers we consider whether they have incorporated environmental, social, and governance considerations into their investment process.
| Asset class |
Investment managers |
|---|---|
| Cash and cash equivalents |
Harbour Asset Management Limited |
| New Zealand fixed interest |
Harbour Asset Management Limited |
| International fixed interest |
Columbia Threadneedle Investments |
| Australasian equities |
Harbour Asset Management Limited |
| International equities |
State Street Global Advisors, Australia, Limited (BNZ KiwiSaver Scheme, YouWealth) |
While we aim to keep this information current, the underlying investment managers can be added to, removed or changed without prior notice.