Those with whom I’ve had the most pleasant conversations in recent weeks have been the 30% or so of our clients invested in ethical, or, as we should now say, ethical, sustainable and positive impact funds. They’re often braced for bad news, yet I’m able to tell them that they are, in fact, better off than they were last year, in many cases quite significantly. Avoiding companies that do harm and picking those that do good stuff has to be the way forward; Covid seems to have reinforced this. And guess what, a bandwagon has appeared over the horizon, with a stream of fund managers, a tad belatedly, jumping on board. Which, I guess, has to be a good thing.
“Wealthy Brits refocus portfolios ethically ‘with urgency'”
What big investors, like fund managers, pension funds, and in this case the ultra-rich do with their money could save the planet more effectively than any of Boris’s bikes. Sorry, maybe that was a tad cynical. But if you want big business to take notice, money talks....
