When good investor behaviour pays off
By Darius McDermot, FT Advisor
This Best In Class column looks at Standard Life Investments UK Ethical fund.
The VW emissions scandal, Sports Direct's poor treatment of employees and Trump’s tearing up of the Climate Change Agreement have all highlighted, in different ways, what the implications of corporate, social and environmental responsibility (or the failure thereof) can be.
The fact that they have made the headlines, and impacted share prices, indicates that these issues are important to the investing population.
With this in mind, you might assume that ethical funds would be very popular, but that doesn't seem to be the case.
While UK retail investors have piled more than £23bn into UK authorised funds so far this year, assets under management in ethical funds represent just 1.2 per cent of the industry total, according to data from the Investment Association.