Posted on: October 11th, 2013
With NEIW13 upon us (13 – 19 October) there’s no time like the present to think about how to develop your own ethical investment & SRI strategy.
You cannot second guess who will or won’t be interested, so ask everyone. Try something like:
‘Are there any ethical, social, environmental or religious issues you would like to take into considerations when looking at where to invest?’
There are many different types of sustainable & responsible, green and ethical investment. Identifying and understanding them all takes time. Styles include negative and perhaps more ‘balanced’ ethical options, sustainability and environmental themes options, shareholder activist funds and numerous specialist options.
When a client is interested in this area you need to ask additional questions in order to understand their aims and opinions.
You can either discuss a list of individual ethical issues with them – or you can shortcut this by talking about SRI styles or segments. Different approaches suit different clients, but if you are in the ‘styles’ camp you have two options:
Researching relevant ethical options as a ‘stand alone’ task can be time consuming.
The Fund EcoMarket database tool will do this for you. From start to finish it will take you about two minutes to generate a list of relevant SRI/ethical options – providing you know which SRI style/s, asset types and product areas your client is interested in.
The sriServices site is the only independent, adviser only, generic SRI support and training site.
We are passionate about this area and work with a wide range of organisations to help develop SRI options… but all our basic adviser training material is available online and free for advisers to use.