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Sunday 13th of June 2010
June 11, 2010    

Ethical finance entering the mainstream

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by David Masters
Ethical finance entering the mainstream

Since the financial crisis city bankers, fund managers and financial advisers have become more aware than ever before of green and ethical investment options.

Recent research by F&C Investments found 73% of investors would consider taking advantage of an ethical investment trust if one became available.

According to the UK sustainable investment and finance association (UKSIF), this is evidence that ethical finance is entering the mainstream.

“Following the financial crisis there is an increasing recognition that it makes sense to look at how your wealth is being created,” said Penny Shepherd, UKSIF chief executive.

“There is also an increasing recognition that issues like climate change aren’t going to go away and there are opportunities to both make money and make a difference by addressing it.”

Earlier this month, ethical finance research group EIRIS revealed that investments in UK-based ethical funds totalled £9.5 billion in December 2009.

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Tags: EIRIS, , F&C Investments, ,