Some mutual funds in Nigeria actually have ethical funds
that invest only in investments with high moral standards.
Today, there are a growing number of ethical funds
that offer an increased level of diversification which is an important factor of investing, but choosing only ethical investments is limiting and so could potentially have an automatic increased risk level.
Interactive investor picks some of the funds and trusts worth considering as investments for children, from ethical funds
to some of the original collective investments.
Once the preserve of SRI and clearly denominated ethical funds
, most leading financial institutions have started to adopt exclusion policies on climate change and carbon, the environment and social governance.
The sector, which started out with just a handful of funds marketing themselves as green or ethical, like Friends Provident Stewardship, NPI Global Care (now run by Henderson) and Jupiter Ecology, has evolved and diversified into a rapidly growing range of options, where 'ethics' may or may not play a major role - sustainability themed funds, negative ethical funds
, faith-based funds, environmentally themed funds and many others.
Kamran Butt, managing director at SEDCO Capital, participated in the panel discussion entitled "Responsible Investing: The Shift toward Green Finance, ESG & Ethical Funds
," alongside executives from the Luxembourg Stock Exchange and other global institutions.
Kamran Butt, Managing Director at SEDCO Capital, participated in the panel discussion entitled 'Responsible Investing: The Shift towards Green Finance, ESG & Ethical Funds
', alongside executives from the Luxembourg Stock Exchange and other global institutions.
On first impressions it may seem surprising that over the past decade the amount of money invested in ethical funds
remains so modest.
On the broader market, a number of asset management companies such as Taurus Mutual Fund and Tata Mutual Fund offer Shariah-compliant investment schemes in India, not specifically marketed as "Islamic," but as "ethical funds
" in order to appeal to non-Islamic investors as well.
EDINBURGH and London-based Kames Capital, which manages PS2.3bn in specialist ethical funds
has won awards for its socially responsible investment management.
On the one hand, the growth potentials for ethical funds
of Western and Islamic orientation seem worth pondering from a Lebanese perspective because the outlooks and descriptions have become less propagandistic when compared with some hyped-up conferences and reports 10 years ago.
On the bright side, when it comes to ethical funds
, the need of choosing strong returns in place of personal values isn't completely necessary given their consistent performance since 2010.