Green

Guinness Asset Management has launched an offshore alternative energy fund with no initial charges until 2 May.

Investments in UK green and ethical retail funds reached £8.9bn last year, an 18% rise on 2006, according to ethical fund research company EIRIS.

Jupiter has backed Shadow Chancellor George Osborne's plan for a Green Individual Savings Account (GISA), which would allow individuals to invest in green strategies tax-free.

FUTURE Capital Partners has launched a renewable energy investment opportunity, focused on the construction and operation of two wheat-based bioethanol plants.

Ethical fund managers Rathbone Greenbank are profiting from the mining boom by targeting the metal recycling industry.

Impax Asset Management will boost its Green fund range by launching a new Environmental Leaders offering.

Ecclesiastical Investment Management has marked its re-branding from Allchurches Investment Services with the launch of a new bond fund.

Jupiter Asset Management has appointed Ed Blamey as research manager of socially responsible investment (SRI).

New Virgin Money research suggests more than half of advisers are willing to pour their own money into green funds.

Investment opportunities in the environmental sector will continue to rise as more large corporations accelerate efforts to tackle climate change concerns, Impax Asset Management CEO Ian Simm says.