UK investors seized the bull market last year, as statistics from the Investment Association last week revealed investors ploughed a record net £63bn into funds, ending 2017 at an all-time high of £1.2 trillion. Of particular interest, though, is mounting evidence that investors are seeking to put their money into ethically sound businesses (Ethical Investing).
Many younger investors who have enjoyed a whopping windfall on Bitcoin have been trying to channel their new-found fortune into UK property having converted their profits to Sterling. However, mortgage lender and brokers have been turning would-be investors away for fear of breaching ant-money laundering regulations (Bitcoin).
The listing by Axis Bank, India’s third largest private sector bank, of a US$500 million (£384m) Certified Climate bond last month on the London Stock Exchange (LSE) represented a number of firsts and further reinforces the UK exchange’s position as the “preferred launch pad” for financial institutions seeking to mobilise resources through green bond issuance (Ethical Investment).