UKSIF has commented on the Investment Management Association’s statistics on ethical funds for first quarter 2009 which have been published today.
Penny Shepherd MBE, UKSIF Chief Executive, said:
“These latest numbers add even more weight to the argument that green and ethical investors are ‘sticky’. They are typically long-term investors who look beyond short-term market fluctuations and want to benefit from sustainable wealth creation. Retail inflows into ethical funds have now exceeded outflows for each of the fourteen months since February 2008.”
Click here to read the full press release.