Highest ever net retail ethical fund sales in 2015: Investment Association

Figures released yesterday by the Investment Association (25 January 2016)  show that net retail ethical fund sales reached a new high in 2015, with sales of £715 million.

The Investment Association website states the following:

ETHICAL FUNDS

  • Net retail sales of ethical funds were £715 million in 2015, the highest on record. Funds under management were £10.7 billion at the end of 2015, representing a 1.2% share of industry funds under management. 

Some additional thoughts from sriServices:

Whilst it is excellent news that retail sales have reached a new high it is also somewhat disappointing to see that this figure remains stubbornly stuck at 1.2% of total retail sales.

The IA’s figures do not represent the whole market of course but although welcome – these figures indicate that there remains much work to be done to grow this area given that without doubt far more than 1.2% of people are interested in ethical, sustainable and socially responsible investment.

For further  information see Investment Association press release here.

http://www.theinvestmentassociation.org/media-centre/press-releases/2016/press-release-statistics1215.html

Check out our  www.FundEcoMarket.co.uk fund directory and tool to read more about funds of this kind.

 

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