Ecclesiastical, Aberdeen and Kames top fund choices for specialist ethical financial advisers
Ecclesiastical, Aberdeen and Kames each secured between 70% and 80% of investor usage among members of the Ethical Investment Association (EIA), the industry body for ethical financial advisers. Not only are the three popular with advisers, but they have also enjoyed strong choice growth over the last year.
Ecclesiastical is a consistent winner of the Moneyfacts award for best ethical investment provider, having won the accolade in each of the last five years.
Aberdeen hit the headlines with its acquisition of Scottish Widows Investment Partnership in November 2013, for princely £650m. Meanwhile Kames Capital, rebranded from AEGON in 2011, has been a key ethical investment option with its long commitment to string ethical screening.
In the annual Voice of the Adviser survey, ethical financial advice specialists were asked to select all the asset managers they put in front of their clients. Their expertise means a smaller group of funds receive more consistent support, and represents an insight into the rising and popular funds in this sector.
Ecclesiastical and Aberdeen, along with Friends Provident, were found to be the three most popular fund managers generally, for financial advisers giving advice to clients on ethical investment.
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