The amount of funds under management in UK ethical retail funds has reached a new high according to Ethical Investment Research Services (EIRS) and the ethical fund market has grown faster than that o
However, the total for all UK retail funds under management has yet to climb back up to the level of £251bn seen in the summer of 2001.
As at the end of 2003 £4.2bn was invested in funds with social, environmental or other ethical criteria. This exceeds the previous record high of £4bn, achieved in June 2001.
