Although SRI has split the industry for some time, demand for ethical products is on the rise. Charlotte Richards discovers why.
Ethical and socially responsible investing (SRI) has, for a long time, divided the industry. However, popularity of SRI products is increasing. According to the latest Eurosif (European Sustainable Investment Forum) European SRI Study in 2010, the total SRI assets under management in the UK, as of 31 December 2009, was £938.9bn, an increase of 19% from the end of 2007. Today, more companies are observing ethical and environmental strategies than ever before. Mark Hoskin, managing partner at financial planning and wealth management firm Holden & Partners, says one of the main probl...
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