Co-op's Fox says SRIs will outperform the market

clock

MIKE Fox, the manager of Co-operative Investments' CIS Sustainable Leaders trust, claims that a new wave of takeover activity in environmental-themed operations is helping SRIs to outperform the market.

Fox believes that the booming eco-economy is prompting an increasing number of companies to buy existing companies rather than start up a new business. He said: “Increasing ethical consumerism is providing new opportunities for companies to grow their business, and firms that have already developed products and services in this market are becoming more attractive to bigger players. “Garden centre chains for example have recently begun interesting big retailers because they are seen as the ideal vehicle for selling environmentally-linked products, such as wind turbines, to consumers.” ...

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

Join

 

Already a Professional Adviser member?

Login

More on Investment Trusts

Investment trusts close 2023 with 4.6% performance boost

Investment trusts close 2023 with 4.6% performance boost

Numis research into investment company universe

Cristian Angeloni
clock 04 January 2024 • 3 min read
What Q1 2023 and beyond could hold in store for markets

What Q1 2023 and beyond could hold in store for markets

Look at the road ahead, not the flies hitting the windscreen

Andrew Bell
clock 22 December 2022 • 8 min read
Fundsmith Emerging Equities trust proposes liquidation

Fundsmith Emerging Equities trust proposes liquidation

£323m Fundsmith Emerging Equities trust performance ‘fallen below expectations’

James Baxter-Derrington
clock 14 September 2022 • 1 min read