Constable Bryan was curious to know what a Head of Responsible Investment actually does.
“I help our investment team think broadly,” Helen explained. “We are all about investing sustainably and that means investing for the really long term and thinking about all the different impacts.”
“So I help them think about the global issues and the local issues which might impact how we are investing and also look at where the opportunities are for future investments as well.”
She explained that responsible investment is not just about deciding what they should not invest in, but also what they should invest in.
“Research shows that the bigger our KiwiSaver balance grows, the more we think about what is my money actually doing.”
“Environmental, Social and Governance (ESG) are all massive factors in your role. That’s a huge portfolio,” said Constable Bryan. “How do you keep track of it all?”
“It is massive and we have a huge responsibility,” Helen said.
“I’m just one of a team of people. We also have global managers we work with, and they help us come up with themes and ideas, and I am looking at what are the big risks and the big opportunities.”
So for people wanting to understand more about investing, where can they start?
”If you are in KiwiSaver, as three million of us are, there will be heaps of information usually on your providers’ websites. And also the Sorted.org.nz is a really great source. They have some awesome videos. And so do the Financial Services Council. They have a YouTube channel called Money and You.”
The podcast covered a wide range of other topics such as compound interest, the difference between financial literacy and financial wellbeing, and what are the checks and balances that are in place to protect investors.
Helen Skinner also recently took part in a webinar panel hosted by the Financial Services Council, in which they discussed the FSC’s latest report, 'Investing In Volatile Times'.
Listen to the Coppuccino podcast here.
The information and topics discussed in this podcast are general in nature and are not intended as financial advice. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current developments or address your personal situation. Before making any decisions based on the information or comments provided in this podcast, please use your discretion and seek independent guidance.