Fifteen point rise in number of ethical retail funds

The number of ethical retail funds available to UK investors has increased by 15 per cent over the past six months, according to sustainable investment research organisation Eiris.

Britain now has almost 90 ethical retail funds. The most recent additions to the market are the Jupiter Global Green Investment Trust, the Marlborough Ethical Fund, the Zurich Socially Responsible Investment Fund and the SWIP Islamic Global Equity Fund.

Stephen Hine, head of international relations at Eiris, said: "It's always good for charities to be aware of developments and to explore how their money might be usefully invested.

"If the criteria used by any of the new funds suit a charity's particular objectives or mission, it should consider using a new investment option."

Explaining the increasing popularity of ethical products, Hine said: "There is greater consumer awareness of social and environmental issues, and with that comes greater understanding of the benefits of ethical funds. The market is adapting to meet that need."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus