Ethical Investment On The Rise
The number of people making ethical investments has shot up this year
, according to a new report.
Sales of ethical funds totalled a massive 98 million for the second quarter of 2010, an increase of 106 on the -8 million of sales recorded for the same period last year, according to the Investment Management Association.
The statistics show ethical investments are at the highest level since the credit crunch took hold in 2007.
Ethical Finance Body UK Sustainable Investment and Finance (UKSif ) attributed the rise to diminishing trust in traditional banks.
It is a very positive sign that increasing numbers of investors want to make money and make a difference, said Adam Ognall, deputy chief executive of UKSif.
As the economy continues to stutter, consumers are increasingly aware of the impact of their investments and the opportunity for their finance and investment decisions to have a positive long-term impact.
Modern green and ethical investment is now an attractive choice for mainstream investors.
Omari Bowers, of Global Forestry Investments, said: Its good news ethical investment is on the rise. It shows that it is possible to make a profit and make a difference at the same time.
Timber, for example, is not only carbon friendly, it also consistently outperforms bonds, gold and stocks as a long-term investment. In fact, its one of the greenest and most profitable commodities of the last 100 years.
Global Forestry Investments offer people the chance to invest in tropical hardwood trees. It is an opportunity to become involved with one of the greenest and highest performing commodities of the last 100 years.
by: PHA Media
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