Twenty-five years after the first ethical fund was launched, Jill Insley and Peter Davy take the temperature of the sector amid a global downturn
The UK's first ethical investment fund, Foreign & Colonial's Stewardship fund, was launched 25 years ago this week, aimed at investors who wanted to make money without compromising their beliefs.
Its success led to the launch of a large range of funds with similar principles, now collectively managing £4bn. Proponents of the ethical ideal claimed that investing in companies with a strong social and environmental ethos would result in stronger performance over the longer term.
But quarter of a century on investors are asking whether Stewardship, and the ethical sector in general, is living up to that initial promise.
See full Article.
Posts
