ETHICAL INVESTMENT ON THE RISE – UKSIF COMMENT ON IMA QUARTERLY STATISTICS
The Investment Management Association’s (IMA) quarterly statistics issued today show that:
- Net retail sales of Ethical funds totalled £98 million in Quarter 2 2010. This is well above the average of the past four quarters and the highest net sales figure since Quarter 4 2007
Commenting on the IMA statistics, Adam Ognall, deputy chief executive of UKSIF, which organises National Ethical Investment Week in November, said:
“Investment in ethical funds has returned to levels not seen since the credit crunch took hold in 2007. It is a very positive sign that increasing numbers of investors want to make money and make a difference.
As the economy continues to stutter, consumers are increasingly aware of the impact of their investments and the opportunity for their finance and investment decisions to have a positive long term impact. Modern green and ethical investment is now an attractive choice for mainstream investors. These are some of the issues we will discuss as part of the annual National Ethical Investment Week, which runs from 7-13 November.”
Contact
Tony Cox/Simon Maule, Linstock Communications
020 7089 2080
neiw@linstockcommunications.com
About National Ethical Investment Week
National Ethical Investment Week (NEIW), the campaign to raise awareness of green and ethical investment options, is coordinated by UKSIF – the sustainable investment and finance association, and sponsored by The Co-operative Financial Services and Ecclesiastical Investment Management. NEIW 2010 will be held 7-13 November 2010. For more information, visit www.neiw.org.
About UKSIF
UKSIF, the sustainable investment and finance association, promotes responsible investment and other forms of finance that support sustainable economic development, enhance quality of life and safeguard the environment. It also seeks to ensure that individual and institutional investors can reflect their values in their investments. Founded in 1991, it has over 200 members including financial advisers, asset managers, research providers, pension funds, banks and non-governmental organisations. For more info, visit www.uksif.org.
