A new report has found that 72% of UK funds registered as ethical funds included investments in the oil and gas industry at the time of a ‘spot check’ carried out in September 2010.
The report has highlighted the need for independent financial advice to verify the ethical criteria of funds investment companies, when planning an investment in an ethical fund.
Almost 90% of UK investors are working to stabilise or reduce the risk level of their investments, the Association of Investment Management has said this week. Good investment advice can help them access the new generation of guaranteed investments now available, which allow a stock markets investment at no risk to your capital – you are guaranteed to get back at least what you put in.
Toys and electronic games are products most linked to poor employment standards, posing a dilemma for ethical investors this Christmas. Read More
Because most ethical investments seek to avoid the oil and gas business, ethical investors have been untouched by the great black slick of misfortune that has befallen BP, since the Deepwater Horizon rig exploded on to the front pages on 20th April. Read More
Ethical funds investments may be boosted this week, with the news that renewable energies are now contributing over 10% of all energy consumption in Europe. The world’s first ethical fund was the PAX fund, set up in 1971 to enable investors to avoid all companies benefiting from the Vietnam War. Today, there are 81 UK-based ethical funds.
