Ethical investment sales have increased, F&C says
August 4, 2007 by admin
Filed under News, News-Banking
Investment specialists the F&C Asset Management Group (F&C) have lauded the ethical investment sector as a “fast growing” part of the industry.
While admitting that “it’s still quite a niche part of the overall investment universe”, director of group communications at F&C Jason Hollands said that “there’s no doubt that public interest in ethical investment has grown significantly in recent years”.
Ethical investment is a concept traditionally sold to those especially affected by current affairs issues such as GM crops, the rise of the gaming industry and the destruction of rain forests.
Such investors use their money to actively support causes such as buying organic foods or supporting recycling schemes.
Any financial concerns about the investments that consumers may have were also refuted by Mr Hollands.
He said: “historically there is an impression that if you’re going to invest ethically, surely it would mean that you were going to get a lower return than if you weren’t investing ethically.
“But actually if you look at the performance of these funds, they are actually beating most of their non-ethical competitors.”
