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Calvert Releases Survey Report

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Written by Subhasis Chatterjee   
Tuesday, 24 July 2007

In the recent days it has come to the knowledge that Calvert, the prominent and noteworthy organization in the realm of socially and environmentally responsible investing, has released a meticulous inventory on the basis of a survey of US investors on the rapid climatic alterations and also its initiative in the expansion of its family of funds with an alternative energy fund.

Calvert, in the contemporary age happens to be one of the largest socially responsible mutual fund firms in the entire nation with an asset of $15 billion approximately under management. The Company in accordance with this proffers forty-two funds which in its turn consents to individual and institutional investors for the pursuing of a broad range of investment objectives within a single fund family. In addition, the Calvert has also launched the Calvert Social Index(R), which has been regarded for its efficiency as a benchmark for the measurement of the performance of large, U.S.-based socially responsible companies. To its credit Calvert has a wide-ranging effectual category of award winning fixed income mutual funds in conjunction with its ongoing equity funds.  

According to the information from the sources, at the time of the Calvert Climate Change/Alternative Energy Survey, not les than three-quarters of US investors, who were the respondents in the survey expressed their growing concern about the impending dangers of the global warming and its devastating consequences. However, it is to be noted that a considerable section of the investors have taken their concerns about climate change to their financial professionals, while a mere 20% of investors have come out with an appropriate response regarding potential investment in alternative energy. The remnant majority of the entire gathering however is with the notion that the saga of investment in alternative energy is a viable opportunity for the fabrication of profit while helping at the same time to take the edge off the climate change.

While being asked by this correspondent to comment on this latest development Annie Sorich, the renowned Mutual Fund Analyst at the Morningstar, an independent provider of investment research said, "Government policies surrounding increasing the country's ethanol supply certainly have increased press, as well as investor interest [in alternative energy]." "Investment companies are interested in alternative energy because there is significant demand from their clients," he concluded.

 
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