Sales of ethical funds are at the highest level since the start of the credit crunch, according to new figures published this week. Statistics from the Investment Management Association (IMA) show total ethical investments of £98 million for the second quarter of 2010, an increased of £106 million compared to the -£8 million recorded for [...]
At least ten self-proclaimed “ethical” funds hold shares in BP despite the oil producer’s pivotal role in the worst oil spill in history.
The ethical investment funds holding BP in their portfolio include SWIP Pan-European SRI Equity, SWIP Global SRI, Real Life A, Church of England Investment, COIF Charities Investment, Aberdeen Responsible UK Equity, Marlborough Ethical, [...]
Ethical investments aren’t always rubbish, investment advice site The Motley Fool claimed this week.
Fool.co.uk journalist Harvey Jones made the claim following reports that ethical funds dropped by an average of 16.7% in the past year compared to an average 12.4% fall on non-ethical funds.
However, looking back to figures from 2007, Jones noticed that ethical funds [...]
Ethical investment funds have lagged behind the performance of conventional funds over the past 12 months, falling by an average of 16.7%
Only three out of 60 ethical funds posted a positive return in the past year, research by Investment Life and Pensions Moneyfacts discovered.
Looking back over three years presents an equally gloomy picture, with ethical [...]