Two socially responsible investment vehicles newly set up by Domini Social Investments are
believed to be the first US-based ethical funds to concentrate on the Asia
Pacific region.
The Domini PacAsia Social Equity Fund allows investors to ‘take part in
a historic economic expansion, while helping to influence Asia-Pacific
companies to consider society and the environment as they move into the
future’.
The Domini EuroPacific Social Equity Fund invests in both Europe and
the Asia Pacific region. Domini says this second fund offers a
diversified portfolio allowing investors to encourage corporate
responsibility.
Both funds will concentrate on mid- to large-capitalization stocks.
Amy Domini, the company’s founder and chief executive, said: ‘Dramatic
economic growth in Asia has often been accompanied by pollution,
deforestation, sweatshop labour and human rights violations. This is a
region where conscious, responsible investing is needed and can really
make a difference.’
