Saving and investing news
Ethical investments 'increasingly attractive'
19 February, 2008
Ethical investments are a "small, but rapidly growing" part of the market, it has been claimed.
Mark Robertson, a spokesperson for the Ethical Investment Research Search (EIRIS) explained that the rise of such funds had accompanied a general growth in awareness of ethical issues as a whole.
Find out how your investment trust is performing
He added that there were a number of reasons ethical investments might prove attractive.
Robertson said: "Increasingly, investors are realising that the companies that manage environmental, social and governance issues well tend to be less exposed to risk and thus are potentially more attractive investment propositions – especially in the longer term."
Find out how your share portfolio is performing
For this reason, he went on, such firms will provide a good investment opportunity regardless of whether or not someone was concerned about a company's morals.
Find the latest share prices here
According to the Investment Management Association the amount of money in ethical funds reached £5.9 billion in the last quarter of 2007, an 18 per cent increase on the same period in 2006.
Bookmark with:
