Social investment funds boosted by new website?

Social investment funds may find new support, thanks to the launch of a website related to socially-responsible asset management.

Mark Robertson, spokesman for the Ethical Investment Research Service, reveals the UK's first online portal dedicated to the subject - YourEthicalMoney.org - offers advice on green and principled use of finances, as well as ways to make personal economy more sustainable.

The new resource could support social investment funds by making the sector more mainstream and encouraging individuals to examine their wealth management, as well as moving the issue higher up the agenda in professions such as corporate banking.

Mr Robertson comments: "The last few years have seen the universe of UK ethical retail funds expand considerably," suggesting growing interest in subjects such as human rights and poverty is driving the industry forward.

In October, the Association of Independent Financial Advisors revealed the majority of members feel there is a lack of information surrounding socially-responsible investment, with only 38 per cent saying they have all the resources they need.  ADNFCR-2318-ID-800216848-ADNFCR