The rise of ethical funds

ECONOMY

by THE OLBIOS TEAM

Clients are paying more attention to the businesses they are investing in and are increasingly focused on companies that practise good ethics, according to a privately-owned boutique firm. Bailey Roberts Group chief executive Ian Bailey said the business had implemented transparent and ethical investing since it was established in 2000, but recently noted a strong desire from clients to understand the companies they were invested in. an example Released earlier this month, the Responsible Investment Association Australasia “Benchmark Report” revealed that compared to 2011, responsible investment funds under management had increased by 30 per cent to $152 billion last year from a previous figure of $117 billion. In addition, the best-performing Australian equities fund for the year was an ethical fund. The report also found core responsible investment funds had delivered better returns than both the benchmark and the average of all mainstream funds in the three major investment categories of Australian equities, international equities and multi-sector growth funds.

 

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