Kames Capital reaffirms commitment to UK ethical marketplace
Kames Capital will not pull back from the UK market in ethical investments, despite a number of competitors doing so recently.
Kames, which is part of Dutch group Aegon, said it believes the UK market in ethical investments is “strong and growing”, with improvements in accessability to ethical funds.
The asset manager uses so-called dark green negative screening to find investments for funds such as Kames Ethical Corporate Bond, Kames Ethical Cautious Managed and Kames Ethical Equity.
Kames said that its commitment to dark green screening differentiates its products from broader SRI-type ones in the market.
Head of retail sales Steve Kenny said: “We believe there is a strong demand for ethical investing despite some of our peers closing their ethical desks. We have seen net inflows into all three of our funds during 2011 and with ethical products increasingly being available through new channels and platforms we believe there is definitely a strong market for this type of product.”