Alternative energy best environmental performer

Alternative energy stocks are the best performing area for funds with socially responsible investment mandates, according to Luke Hickmore, ethical investment manager at Rathbones. Hickmore says that since the end of March 2001 to 11 June, the alternative energy sector is up 50%. Initially, there was a lot of concern within the sector following the appointment of George W Bush in the US, his pulling out of the Koyoto gas emissions agreement and his views on nuclear power, Hickmore says. However, Bush made a speech on 17 May concerning the development of alternative energy that has gi...