Abstract
When constructing a diversified portfolio of investments (whether ethical or conventional) it is necessary to have access to a range of asset classes. In this context, property funds can be extremely helpful due to their different investment characteristics including lower correlations with other, more conventional, asset classes such as equities and bonds.
A number of fund management houses collectively provide a decent range of ethical equity funds with a useful geographical spread. Although fewer in number, a reasonable range of ethical bond funds are also available. However the availability of ethical property funds appears much more limited. A number of fund managers offer more bespoke ethical property solutions for higher value investors, but there appear to be very few property funds aimed at retail investors. That said there are a small number of retail property funds available – so what would appear to be the issue?
This paper outlines the characteristics of the small number of ethical property funds available to retail investors, before exploring the aspects that committed ethical investors are likely to find less acceptable. Suggestions are made as to how such funds could be improved, as well as exploring how a number of difficulties in developing such products might be addressed.
A number of fund management houses collectively provide a decent range of ethical equity funds with a useful geographical spread. Although fewer in number, a reasonable range of ethical bond funds are also available. However the availability of ethical property funds appears much more limited. A number of fund managers offer more bespoke ethical property solutions for higher value investors, but there appear to be very few property funds aimed at retail investors. That said there are a small number of retail property funds available – so what would appear to be the issue?
This paper outlines the characteristics of the small number of ethical property funds available to retail investors, before exploring the aspects that committed ethical investors are likely to find less acceptable. Suggestions are made as to how such funds could be improved, as well as exploring how a number of difficulties in developing such products might be addressed.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 12th Annual Green Economics Institute, Green Economics Conference |
| Pages | 276-279 |
| Number of pages | 4 |
| Publication status | Published - 10 Jun 2017 |
| Externally published | Yes |
| Event | 12th Annual Green Economics Institute Conference - Oxford , United Kingdom Duration: 10 Jun 2017 → 12 Jun 2017 Conference number: 12 https://www.greeneconomics.org.uk/page1597.html |
Conference
| Conference | 12th Annual Green Economics Institute Conference |
|---|---|
| Country/Territory | United Kingdom |
| City | Oxford |
| Period | 10/06/17 → 12/06/17 |
| Internet address |
Bibliographical note
Q37ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)