11 months, 2 weeks ago
Worst year for ethical funds since records began
The TelegraphLarry Fink, the boss of the world’s largest asset manager BlackRock, in June said he no longer used the term “because it’s been entirely weaponised by the far left and the far right”. Just last week, British defence stocks hit record highs as conflicts in the Middle East and Ukraine continue to stoke global demand for military hardware. In the US, equity funds posted record net monthly inflows in December alone at £968m, the data showed. European funds also outperformed the UK with a nearly £500m boost at the end of the year in the second best month on record.
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