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Fund Managers Need Better Ethical Disclosure

Neil Baker | May 12, 2011

European fund managers should do more to disclose how they operate any investment funds that they market as “ethical”, according to an industry association.

The market for ethical or “responsible” investing is booming in Europe, but there is no widely agreed understanding of what constitutes responsible investment, according to the European Fund and Asset Management Association (EFAMA).

Funds under management in ethical investments almost doubled in the two years to end of 2009, totalling...

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