Despite the facts that public interest in social responsible investments is booming, registered investment advisers are slow to warm up to them. According to a survey by Citizens Advisers, 54% of non-SRI investors expressed interest in adding such funds to their portfolios, but that hasn’t translated into action, as the average investor has only 2.5% of assets in SRI and only 20% of advisers research and recommend such offerings.
But it’s getting better. The survey found that about 25% of advisers expect to boost their SRI assets in the next two years and around 45% said they would add them to a portfolio at a client’s request. Also, 40% of respondents said SRI would fit easily into asset allocation models.