Executive Summary of White Paper: Exploration of the Cross-Sectional Return Distributions of Socially Responsible Investment Funds
In recent decades, institutional and individual investors have increasingly considered social consciousness as part of their overall investment program. Indeed, from 1995 through 2012 (the latest data available), the amount of assets under management in (SRI) strategies grew from $639 billion to $3.7 trillion, a gain of 486%. Over the same period, overall assets under management (including conventional, non-SRI assets) grew 376%. It is estimated that SRI assets now comprise approximately 11% of assets under management in the U.S.