“Ethical investing comes with a wide variety of interpretations, both from investors and fund groups, and the key is for investors to select funds whose investment policies marry up with their own ESG principles."
UK equity
Meanwhile UK equity funds had a decidedly worse month, with UK investors withdrawing £445m from the assets, compared with inflows of £259m in July.
Funds in the UK All Companies sector saw £354m of net outflows in August, representing the worst selling IA sector in the month.
Emma Wall, head of investment analysis at Hargreaves Lansdown, said: "The twin headwinds of Brexit and coronavirus means sentiment towards the UK remains divided.
"Investors should be careful not to write off the domestic market however, as the uncertainty has created some good value opportunities.”
sally.hickey@ft.com
