Investment consultants who advise charities often dissuade them from investing ethically, according to new research from Ethical Investment Research Services. Eiris found that less than half of investment advisers ask charities to consider SRI, and 15 per cent are actually ‘discouraging’ them from doing so. The advisers say a lack of SRI products and worries about short-term losses prevent them from promoting ethical investment to charities more aggressively.
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