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 Forums 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.