First ethical fund reaches 25-year milestone

Trailblazer proves critics wrong as its 25th anniversary sees the £435m vehicle part of a growing £6.8bn sector

The F&C Stewardship Growth fund celebrated its 25th anniversary last week having been launched as the first ethically-screened fund on 1 June 1984. The launch marked the beginning of a new era of investing, where investors looked to not only make decent returns but were conscientious about where those returns were coming from. Though mocked at first, with the harshest of critics dubbing it 'The Brazil', suggesting investors would be 'nuts' to go near it, opinions have changed and society has gradually welcomed ethical, socially responsible and environmentally-minded matters to the mains...