The Hedge Funds Weblog
Ethically Minded Investments & Hedge Funds
Growing concerns over issues such as global warming have meant that more investors are looking for an ethically minded fund, especially one that makes a profit. An innovator in ethical investing is Charlie Thomas, head of Jupiter Asset Management, a Citywire AAA-rated hedge fund. Thomas has defied skeptics by proving environmentally friendly investing can produce strong returns in what was a relatively muted year for global fund managers.
Last year he managed returns of 27.8% on the Jupiter Ecology fund, when the average hedge fund manager return was 8.1%. His hedge fund Jupiter now has assets under management of around $436 million.
I like the way that its profitable, along with the ethical standpoint. Thomas' investment screening for stocks include six green investment themes: clean energy, sustainable living, green transport, waste management, environmental services and water management.
Good link here http://www.scu.edu/ethics/practicing/decision/framework.html
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