Takeovers fuel ethical investment performance
Socially responsible investments are outperforming the market, according to Co-operative Investments.
Mike Fox, manager of Co-operative Investments’ Sustainable Leaders Trust, identified an increasing trend for takeover activity in existing environmental themed operations, which are attractive options for investors who are ethically aware.
Commenting on this trend, Fox said: “Increasing ethical consumerism is providing new opportunities for companies to grow their business, and firms that have already developed products and services in this market are becoming more attractive to bigger players.
“Garden centre chains, for example, have recently begun to draw interest from big retailers because they are seen as the ideal vehicle for selling environmentally linked products, such as wind turbines, to consumers.”