PA ANALYSIS: Green investing has an image problem
By Kristen McGachey, Portfolio Advisor
Although ethical investing as a concept is gaining in popularity, it still only accounts for a small sliver, or 1.2%, of the total funds under management in the industry, according to the latest figures from the Investment Association (IA).
By contrast, retail investors have pumped more than £23bn into UK authorised funds year-to-date alone, surpassing the annual net retail sales in both 2015 and 2016.
It doesn’t help that many out of the box, ambitious ethical projects have failed to get off the ground or gain much traction.