View more on these topics

Niche quarter for ethical funds

Ethical funds saw a strong rise in the first quarter of this year with net sales of 45.2m, a significant rise from the previous year’s 26.6m, although down from the previous quarter’s 54.8mThe latest statistics from the Investment Management Association show that net sales of funds of funds were 378.4m, up by 65 per cent on the previous quarter but significantly lower than the 647.1m seen a year earlier.

IMA director of markets Jane Lowe says: “Net retail investment in funds of funds has improved considerably since last quarter but is still well below 2008. Ethical and tracker funds are showing slightly atypical trends, reflecting their niche position in the market.”

Recommended

Heights of sophistication

I am trying not to take this personally but here am I trying to stimulate a debate about whether or not we have of late been enjoying a bear market rally – one that will run out of steam and hit new lows – or the start of a new bull market and apparently there is no debate to be had at all.

A sense of values

Recession, continuing depression in the property market and deflation/inflation threats are all causing us to reconsider our attitude to money.

Mary Stewart

Training to be a vet is not the most conventional route into financial services but Hornbuckle Mitchell’s marketing director Mary Stewart began her working life caring for animals. After four years as a vet, she decided to try her hand at sales and marketing as she had always been interested in business so she joined Mars to promote a range of prescription foods for cats and dogs to vets.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com