The SRI sector has drawn much attention since a series of tax breaks on social investments were introduced earlier this year. Annabelle Williams analyses the different types of SRI funds available to investors .
Socially responsible investment (SRI) funds have attracted £1.1bn of inflows over the last 12 months, according to the latest statistics from the Investment Management Association. This means, in total, there is now £9.5bn invested in SRI-focused UK domiciled funds. Although the sector remains small, there are two factors fuelling the rise in AUM. Firstly, the general public perceived the 2008 financial crisis as a consequence of a lack of ethics within London’s financial services sector. While many have called on the government for greater regulation of business and finance, some re...
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