Highest ever Ethical Fund sales in 2015: Investment Association
Posted on: January 26th, 2016
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.
Check out our www.FundEcoMarket.co.uk fund directory and tool to read more about funds of this kind.