Some ethical funds have suffered this year because they cannot invest in oil, but going forward they should do well because they tend to focus on growth stocks which are expected to start beating value
Ethical investing has become a hot topic again recently and is back in the news. Perhaps mainstream non-investment issues have contributed to the raising of its profile. There are wide ranging influences bringing moral and social hazards to the forefront of peoples' minds. For example, the war in Iraq, against which there was significant public opinion; terrorism, which highlighted the issues of armaments and exploitation; and social issues such as the banning of smoking in public places. In any event, a survey carried out by MORI for Friends Provident in 2004 showed huge public opinion in ...
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