“Feel good” investing can make money

Paul-Rickard-headshot2
Co-founder of the Switzer Super Report
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The decision last week by AMP Capital, Australia’s second largest fund manager with $130bn under management, to dump nearly $600 million worth of investments in big tobacco, cluster munitions and landmines after overhauling its ethical guidelines, has reignited the debate about ethical investing. Can you invest “responsibly” and be rewarded, or at least, not be penalised for choosing investments that meet various ethical criteria?

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