Ethical fund popularity soars

Furthermore, eight out of ten investors think ethical investments can perform as well as or better than mainstream markets. Co-operative Insurance’s annual survey of attitudes towards ethical investments found 85% of people planning to invest in an ISA would consider using an ethical scheme, up from 67% in 2006. Data from the Investment Management Association backs up the claims, with ethical funds under management reaching £5.9bn in the last quarter of 2007, up by 18% compared with the same period in 2006. Respondents to the survey also believe ethical funds can perform as well as other...