Bright future for green firms

Mike fox's co-op sustainable leaders fund benefits as companies develop environmental conscience

Ethically responsible firms will be subject to takeover bids in the future as larger companies look for greater business opportunities, according to Co-op fund manager Mike Fox. The CIS Sustainable Leaders manager said his fund was boosted by three acquisition announcements in the past 12 months, with large companies taking note of profits made by socially-responsible companies. "I think there is a bigger theme on the horizon that other people have not twigged yet, which is the green takeover angle," he said. "Environmental and socially responsible issues have typically been areas for nic...