Ethically Minded Investments & Hedge Funds

Filed in archive Hedgetalk on February 4, 2007

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