InvestmentsSep 19 2013

‘Growing demand for ethical investments’

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The event has been organised by the UK Sustainable Investment and Finance Association to highlight specialist advice for business owners.

Simon Howard, chief executive of UKSIF, said a rising number of advisers were reporting that more clients had asked for ethical and green options for their portfolios. He added: “More and more IFAs are reporting that their clients are asking for green and ethical investments. We urge all IFAs to get familiar with the issues.”

Mr Howard pointed to research conducted earlier this year by Matrix Solutions that found that 74 per cent of IFA clients were asking for advice on green and ethical investments. It revealed 61 per cent of advisers said they believed that requests for ethical advice were growing.

National ethical investment week runs from 13 October to 19 October.

ADVISER VIEW

John Ditchfield, managing partner of London-based ethical investment adviser Barchester Green, said: “Many IFAs operating in the UK market have only a basic understanding of ethical and responsible investment funds. The boot camp is a very welcome initiative and I expect it will encourage many more advisers to look at responsible investing for their clients.”