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Advisers may lose clients if they ignore ethical investments

By Simoney Kyriakou, FT Adviser

Advisers could lose their clients to rivals if they fail to take their customers' views on ethical investment into account, Thesis has warned.

Jonathan Yousafzai, head of ethical investment at Thesis Asset Management, said advisers could lose clients if they failed to advise on environmental, social and governance-related funds and investment products.

He pointed out these funds were gaining traction with investors but it had taken time for some in the industry to acknowledge the significance of ethical investing, particularly for younger generations.

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