24 December 2010
The NEST Corporation has confirmed it will offer a Socially
Responsible Investment (SRI) fund for its members.
The SRI fund will be offered alongside the default fund and it
is expected that the advert for investing asset managers to tend
for the bid will be released soon.
NEST Corporation's chief investment officer Mark Fawcett
said: "We have conducted research and market analysis to try to get
a better understanding of what is important to our future
members.
"The NEST SRI Fund will consist of a diverse set of SRI
principles with a particular focus on human rights, good labour
practices, avoiding environmental degradation and armaments."
The Trustees are expected to reveal details of a religious fund
option - a Sharia fund - when the principles are announced in
February.
