Survey argues for introduction of SRI

If all UK occupational pension funds allocated 3% of assets to an ethical fund it would add £25bn to the existing £3.3bn socially responsible investment fund market. This was the conclusion of a survey run by the UK Social Investment Forum (UKSIF) which also argued this would have a minimal effect on fund performance. Statements of Investment Principles were requested of 508 funds, the top 500 occupational pension funds by value, together with all local authority pension funds. The UKSIF study analysed the 171 statements provided in response. Penny Shepherd, executive director of the UK...