Friends reviews fund ethics

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changing global issues, including china's growth, means friends prov is widening its sri policy

Friends Provident's SRI policy is starting to broaden out in light of changes in global issues, such as the re-emergence of a fur industry and the impact of China's growth. The creation of the group's ethical policy is multi-layered and involves periodically finding out which areas of the market are concerning investors. These screens are then applied to the universe of stocks, narrowing down the field from which fund managers can select. Within Friends' selection of ethical funds is the billion-pound Stewardship range, now managed by F&C Asset Management. Julia Dreblow, SRI manager at Fr...

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