Ethical funds sales up 83% on FundsNetwork

Ethical funds sales on the Fidelity FundsNetwork platform are up 83% for the first four months of 20...

Ethical funds sales on the Fidelity FundsNetwork platform are up 83% for the first four months of 2007, compared to same period for 2006. David Dalton-Brown, head of FundsNetwork, said sales for 2007 are set to be more than double the 2006 figures if the current growth rate continued. “Our analysis implies that sales of ethical funds for 2007 are set to eclipse those of 2006, and that they are becoming an increasingly popular choice for Isa investment. With an increasing emphasis placed on looking after the world and its resources, it’s not surprising that the popularity of ethical fund...