Catholic ethical fund fails to attract investors-CathNews NZ/Pacific

Catholic ethical fund fails to attract investors

Tuesday, August 7th, 2012

An ethical fund that was set up to invest in line with Catholic beliefs is to close after its managers lost faith in its ability to attract investors.

JPMorgan Asset Management had hoped to attract investors who wanted exposure to investments that would not clash with tenets on issues such as birth control and civil rights. It also eschewed investments in governments of countries that have the death penalty.

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News category: News Shorts.

Tags: Birth control, civil rights, Death penalty, ethical fund, JPMorgan

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