French socially responsible investment market grows 75% in a year

Ethical Corporation, 26 August 2004 – The French market for socially responsible investment products has risen by 75% in the past year, according to Novethic, the SRI resource centre.

Novethic releases a quarterly barometer on the French SRI market and covers the entire SRI field: assets under management, funds, extra-financial rating agencies and indices.

It reported that on 30 June the total assets managed by open-ended funds available in the French market reached €4.9 billion, up from €2.8 billion a year earlier.