We recently conducted a survey of Ethical Investment Association (EIA) financial advisers. Among other things, they told us which fund managers they used most frequently, and over the past week, we’ve been investigating the data.
Ecclesiastical came top of the poll, with 68% of EIA members saying they used one of its ethical investment funds. This was just another string to its bow, after winning the Moneyfacts award for best ethical investment provider four times in a row and having its Amity UK Fund voted best ethical fund at the Investment Week Climate Change and Ethical Investment Awards 2012.
Digging a bit deeper, Royal London and WHEB emerged as the two fastest rising fund managers when we compared the survey results from the last three years. Royal London rose from 3% (=26th) of EIA advisers using them in 2010 to 41% (=8th) in 2012, while WHEB rose from 3% (=26th) to 32% (=12th).
Finally, we looked at the highest new entrants in our 2012 survey, which were revealed to be Triodos, which debuted at 16 with 27% of EIA members using it, and Cheviot, which came in at 17 after picking up 23% of the votes.
Click on the chart below for a full round-up of the most popular fund managers among EIA advisers.