Ethical funds reach record high in the UK.
"Investors bought £138m in ethical funds in March 2018 compared to just £32m at the same point last year, according to the most recent data from the Investment Association. Ethical funds still make up a small proportion of the total at 1.3 per cent. But the number is growing, from 1 per cent in 2015."
[COMMENTARY]In most developed economies, ESG-ethical funds are gaining ground. And we can rejoice in that. However, everywhere, they still represent a tiny fraction of the retail fund space. Only when advisors really apply their ’know thy client’ rule to also consider the personal investing values of their clients will things change rapidly.
Ethical funds reach record high in the UK, by Kate Beioley, May 23, 2018, FT, UK.