Ethical investing is not the new investment kid on the block but, as yet, it has failed to gain any real traction in the advised space. But, as Carmen Reichman finds out, that might be about to change...
Ethical investing – avoiding allocating funds to companies that sell arms, wreck the environment or use slaves to harvest, say, prawns – what's not to like? Yet, the UK retail sustainable and responsible investment (SRI) market equates to a meagre 1.5% of all UK funds under management (FUM). This is despite its growth from about £4bn FUM in the early 2000s to £12.2bn by June 2013, according to research provider EIRIS. "This makes no sense," said SRI specialist Julie Dreblow from consultancy SRI Services. "The reason I want to do a lot more talking about and explaining this issue to fi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
