%0 Journal Article
%T Socially Responsible Investment: Mutual Funds. Global and Local Trends
%A Luis Ferruz
%A Isabel Marco
%A Cristina Ortiz
%J The International Journal of Applied Economics and Finance
%D 2007
%I Asian Network for Scientific Information
%X This study aims to provide a wide perspective of socially responsible investment, especially regarding mutual funds. We show the growing interest on screened funds that justifies further research. After a general view of the trends in the most important collective investment industries, attention is focused on the Spanish market. In doing that, we can compare mature mutual fund industries with a recent developed country in this aspect. Socially responsible mutual funds have shown an increase both in total net assets and in number of investors; but the sector is by far behind the United States regarding the share of the mutual fund industry devoted to screened funds.
%K Mutual funds
%K screening
%K social and environmental concerns
%K Spain
%U http://docsdrive.com/pdfs/ansinet/ijaef/2007/120-125.pdf