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Friends Ivory & Sime launches new socially responsible fund

Friends Ivory & Sime is launching a new actively-managed balanced socially responsible investment fund (SRI) as part of its pooled pension fund range. The fund is aimed at pension schemes looking to apply SRI across all their investments.

The fund has been developed with The Pensions Trust, Christian Aid and Oxfam. Friends Ivory & Sime will use its influence as an investor to encourage companies to improve management of key social, ethical and environmental issues.

FIS retail managing director Gary Mairs says: “The launch of the fund follows strong demand from the market for SRI solutions.”

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