ABSTRACT
In the UK, and Europe more broadly, more sophisticated strategies continue to emerge that attempt to address macro-issues of sustainability as categories of opportunity. The Jupiter Ecology Fund may be the longest standing example of future focused sustainable investing. The fund has a clear remit to find companies best positioned to solve environmental and social problems, and has had very low turnover of investment personnel over time as well. While struggling after the financial crisis, the fund remains ahead of both its sector and benchmark over the past 10 years, and has had a very consistent focus. Parnassus Investments based in San Francisco has been the most rapidly growing socially responsible investing (SRI) fund manager in the US, growing from US$1B to 6B in assets under management in recent years. Parnassus Equity & Income Fund is the largest publicly traded SRI fund in the US as of the end of 2012.
