Jason Hollands considers why, despite the best efforts of initiatives such as the ongoing Good Money Week, the percentage of assets invested in ethical funds remains stuck around 1% of total UK assets under management
The ongoing Good Money Week (formerly National Ethical Investment Week), is an annual campaign by organisations championing the ethical and sustainable financial sector to raise awareness of "sustainable, responsible and ethical finance". It is an initiative that has run since 2005. Yet despite these best endeavours over the last 12 years, data from the Investment Association shows just £14.4bn is invested in ethical funds out of total assets under management in funds by UK investors of £1,154.1bn. This tiny 1.2% market share has barely moved in a decade, which is disappointing - and pe...
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