More people are opting to invest in line with their personal beliefs than before. A report from Friends Provident has shown that Greater London has the highest concentration level of ethical investors than anywhere else in the United Kingdom.
Friends Provident announced that its managed ethical funds had passed £3billion in February of this year. Some experts believe that as different funds do well, the increase in them increases, as there is a lot of talk about the environment at the moment, people are becoming more aware of investing their money.
Our view
Given the shift for ‘green’ living, we see huge growth in the ethical and socially responsible investment field.