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ISA investors set to go green

ISA investors set to go green

Category: Ethical

Updated: 12/03/2010
First Published: 12/03/2010

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Interest in ethical investment looks set to grow, after 13% of ISA investors revealed they were tempted to go green.

One in every eight investors intending to beat the 5 April deadline to use their 2009/10 ISA allowance claimed ethical funds would be a big part of their thinking, a survey from The Co-operative Investments has revealed.

The share of the ISA market enjoyed by sustainable and ethical investments has grown almost two and a half times in size over the last decade.

This suggests it is not only people with principles that are now interested in ethical investment, but people that are looking for profits too.

"These findings confirm that sustainable investment in particular is increasingly being seen as an attractive place to invest for a broader number of people," said Rod Bulmer, managing director, retail, at The Co-operative Financial Services.

"Sustainable investment is not a niche for ethically-minded consumers. It offers a fantastic chance to grow investors' money over the long-term by exploiting the exciting investment opportunities from major changes occurring throughout the world.

"The need to tackle issues such as ageing populations, climate change and global power shortage are fundamental in global society, and will create investment opportunities for some time to come."

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