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Ethical investors demand more data

Jupiter says investors in socially responsible funds want more detailed information on where their money is invested.

A survey by the fund firm of 1,427 of its ethical investors shows that 90 per cent want greater transparency and information on how investment decisions are made and where money is placed.

Ninety-five per cent of investors want to know what environmental, social and ethical criteria are applied to their investments and how comp-anies are researched to assess whether they meet the criteria.

Jupiter has three socially responsible funds – the ecology and environmental opportunities unit trusts and global green investment trust. Each provides detailed information on its investments through biannual environmental research bulletins and booklets on the research process.

Jupiter contributes research to the European Sustainable and Responsible Investment Forum, which will issue transparency guidelines for retail SRI funds this summer. The guidelines aim to make SRI funds more accountable to individual customers.

Jupiter head of SRI Emma Howard Boyd says: “We were greatly encouraged by the response to our survey as our investors confirmed that they value the detailed information we provide. Jupiter has been involved with Eurosif since its inception in 2001 and is optimistic that its transparency guidelines, while voluntary, will promote the many examples of best practice already evident within the SRI sector.”

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