The Finance Minister has ruled out interfering in the investment decisions of the Super Fund and ACC. It has been revealed the agencies are putting around $260 million of taxpayers’ money into Coca-Cola, Pepsi, McDonalds and other fast food companies.
“The New Zealand Super Fund I think would have among the toughest ethical investment guidelines of any sovereign wealth fund - they need to because they’re government-owned.”……………………………………….Full Article: Source