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.
The £8.9bn funding level represents almost three quarters of a million accounts in ethical funds, up from 137,000 accounts in 1997 when fewer than 1.5bn were invested ethically. The data also shows the number of green and ethical funds available to UK investors has reached almost 100, up from 24 a decade ago. EIRIS says: “Growing consumer interest in issues like climate change, human rights, fair trade and poverty continues to drive demand for green and ethical investment. “Over the last few years we’ve seen a huge increase in the amount of money invested ethically, with many more Bri...
To continue reading this article...
Join Professional Adviser for free
- 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