Change of approach
Cornerstone’s new fund responds to changing ethical mood
Jen Paice: ‘changing attitudes’ (pic: Terry Murden)
Investors are being offered the opportunity to put their money behind a radical pro-active approach to tackling climate change, pollution and poor health.
Cornerstone Asset Management’s new Responsible Futures fund, launched today, is described as a significant advance on traditional ethical investment by supporting activities aimed at making a better world and safeguarding it for future generations.
Developed with Canaccord Genuity Wealth Management, the new fund will focus less on exclusion of ‘bad practices’ and more on positive impact programmes, such as improved nutrition and sanitation, and those that save and nurture the natural environment.
It marks a shift away from simply excluding non-ethical practices, such as mining and tobacco, and instead aims to actively support good causes.
Edinburgh-based Cornerstone believes it is time to invest “differently” and to take greater care of the planet and its population.