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Frenkel Topping Group Plc

Socially responsible investments boost Frenkel Topping Group

Frenkel Topping Group reported strong growth thanks to its socially responsible investments.

The Salford-based asset management company believes the growth of its portfolio is a testament to the millennial appetite for socially responsible investing (SRI), which grew in value thereby bucking the current global trend towards economic downturn.

An MSCI ESG Research 2019 Trends to Watch report found that 90% of millenials prefer ethical investments, and 15% of millenials would exit an investment due to objectionable firm behaviour.

Richard Fraser, CEO of Frenkel Topping Group, explains the company’s decision to offer a portfolio of socially responsible investments: “The millennial mindset is here to stay. While some businesses took an initial view that this was a fad, we realised early on the significant growth potential of socially responsible investing.”

Frenkel Topping (LON:FEN) provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.