Whitechurch Securities has highlighted a "huge increase in demand" for socially responsible investments (SRI), accounting for a tenth (10%) of all new money invested into its DFM offerings in the past year.
The firm's head of SRI Amanda Tovey said: "Certainly in the last year, it has really picked up. Environmental, social and governance (ESG) investing now seems to be a real buzzword in the industry." The discretionary investment manager launched its SRI offering, Whitechurch Ethical, two years ago in response to client demand. It now has just less than £20m of its £400m assets under management invested into SRI mandates. Whitechurch teamed up with Ethical Screening for the discretionary managed (DFM), multi-asset portfolios. Ethical Screening's database excludes armaments and tobacco, ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
