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Storm brews over the content of ethical funds

Ethical and climate change funds that claim to be socially responsible are failing to invest in companies which support the environment, a new study claims. The report by independent financial adviser Holden & Partners reveals most ethical funds are 'surprisingly mainstream' in their overall portfolios, with very little investment in committed environmental companies...[also refers to Neste Oil, BP Premier Oil, Shell, HSBC, GlaxoSmithKline, Vodafone, Schroders, Associated British Foods, Legal & General, Barclays, Tesco, Lloyds TSB, Henderson Ind., Solarworld, Jupiter, Bioteq Environmental Technologies, Augean, F&C, Norwich Union, Standard Life, SRI Funds, Triodos Renewables, Allianz, F&C, Eon, Vestas Wind Systems, Suez, Virgin Money, Impax Environmental Markets, Hargreaves Lansdown, Aegon Ethical Equity]