Ethical Investing  

ESG funds ranked as popularity rises

Mr Hollands thought it was important to be highly selective when choosing ESG funds, as it involved assessment of all the normal criteria — such as valuation methodology and risk framework — but also a deep understanding of how the ESG criteria was used and how policies might evolve.

Alistair Cunningham, financial planning director at Wingate Financial Planning, said: “We definitely find that clients have more interest in investing in a positively impactful way and have been in dialogue with Square Mile for some months as to how they can support us find the best funds in this area.”

Director at Rowley Turton, Scott Gallacher, said his clients rarely raised ethical concerns with regard to investment unless prompted, but he thought any additional help in selecting ethical funds was appreciated by advisers.

imogen.tew@ft.com