Clocking in at £94.3bn in sales, ethical funds also saw a jump in assets under management of 23% to £7.1bn compared with Q2 2010.
“These IMA net sales figures are a positive signal that interest in green and ethical options continues to grow,” said UKSIF project manager of National Ethical Investment Week, Lisa Wootton. “It’s encouraging to see the highest quarterly sales of ethical funds since before the 2008 financial crisis.”
UKSIF, the sustainable investment and finance association, promotes responsible investment and other forms of finance that support sustainable economic development, enhance quality of life and safeguard the environment.
“We hope that product providers, financial advisers and other organisations will use National Ethical Investment Week, taking place from 16-22 October this year, as an opportunity to tap into this increased demand and engage with investors about their green and ethical choices,” said Wootton.
