Quarterly Investment Management Association (IMA) statistics for Q309 highlighted some important findings on ethical investments:
Net sales of ethical funds were £59 million in Quarter 3 2009, reversing the previous quarter’s exceptional £18 million outflow, and more than double the £21 million net sales in Quarter 3 last year.
Commenting on today’s IMA statistics, Penny Shepherd MBE, chief executive of UKSIF said:
“Investment in ethical funds has returned to levels not seen since the credit crunch took hold, with a near three-fold increase in year-on-year net sales – the highest level since 2007.
“Encouragingly, ahead of National Ethical Investment Week, which starts on 8 November, this highlights a growing trend of investors wanting to make money and make a positive difference to the world they live in.”