What is the point of ethical investing?

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In these days of carbon neutrality, socially responsible investing is garnering more and more press ...

In these days of carbon neutrality, socially responsible investing is garnering more and more press coverage. As a result, an ethical fund has become a must have for any self-respecting fund management house. This is despite the fact that IMA figures repeatedly show that virtually nobody is investing in them, serious investors tending to worry more about hard returns than the fate of the alfalfa farmers of Peru. At the end of last year, barely 1% of the money invested in the UK resided in ethical funds. That’s not to say there isn’t an obvious market for ethical funds – there is – it’s ...

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