One in four IFAs say clients now choose to put up to half of their assets into ethical funds, according to an IFAonline straw poll.
Of the 115 people responding to IFAonline’s straw poll, 30% (34 people) say their clients do not put any money into ethical investments, however, 27 advisers (24%) say investors put between 26-50% of money into ethical funds.
Just 4% say their clients invest more than 50% in funds which can place assets in companies with green tendencies, but 38% of advisers who responded – 44 in total – advise their clients to invest between 1-10% in ethical investments.
This follows a growing focus on the performance of ethical funds, which are no longer seen as higher risk than traditional investment funds and now regularly appear among the top performing funds.
Co-operative Insurance Services was recently named as the best performing equity All Companies fund over 12 months, while Friends Provident has just announced its Stewardship range has now topped over £3bn in assets under management since its launch 22 years ago.
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