UK - HSBC Securities and Dresdner Kleinwort Wasserstein are the leading providers of socially responsible investment brokerage services, a survey of fund managers shows.
The UK Social Investment Forum and Thomson Extel annual survey – carried out between March 15 and May 31 – asked 103 of Europe’s fund management firms to rank analysis providers.
The best brokerage firm for SRI analysis and reports was HSBC with Dresdner and WestLB Panmure second and third respectively.
Dresdner was ranked as the top brokerage firm for SRI news services with HSBC second and CM-CIC Securities third.
The survey also showed that 85% of the fund management firms which responded expect their involvement in SRI to “increase” in the future.
UKSIF executive director Helen Wildsmith said: “As the clear leaders in the brokerage field for SRI-related news and analysis, HSBC and Dresdner Kleinwort Wasserstein are ideally placed to capitalise on the rapidly growing demand from investors for news, views and research about material social and environmental issues.”
Thomson Extel’s survey head Steve Kelly said: “The results add value to investors and analysts’ perceptions about SRI, and are a further sign of Thomson Financial’s desire to deliver information to the market via focused, relevant surveys.”
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