Ethical investing is steadily growing in popularity after years of being a “Cinderella” segment of the market. The Investment Association, the fund industry trade body, says that ethical funds under management have grown more than 30 per cent from £18 billion in January to £24.7 billion in October. Even when investors don’t pick products that are specifically labelled as ethical, many want their money to be used in a responsible way. A survey of high-net-worth individuals by Rathbone Greenbank, an ethical investment service, showed that 73 per cent of those questioned believed they had a role to play in influencing the behaviour of companies in which they have invested. This figure rises to 78 per cent among investors under the age of 45, so the…
Source: The Times January 04, 2020 00:39 UTC