Assets in socially screened separate accounts managed for institutional clients and individual investors increased almost 40% between 1999 and 2001. Assets grew to $1.87 trillion, up from $1.343 trillion in 1999, according to Social Investment Forum’s 2001 Report on Responsible Investing Trends in the United States, released today. Those same assets totaled $433 billion in 1997 and $150 billion in 1995.
Socially responsible assets managed in all vehicles hit $2.34 trillion in 2001, a growth rate of 36% from $1.49 trillion in 1999. Growth of assets in all investment vehicles was 22% in the same period.
"This data … is particularly striking when you realize that we had bearish markets for most of the time period covered by this study,” said Steve Schueth, director of Social Investment Forum.