U.K. Report: Wealthy Young People More Likely to Invest Ethically

(Press release, Jan. 9, 2015) — The younger generation of millionaires is less concerned with just making profits when it comes to investing and is more likely to have ethical or social investments, according to research released by the Charities Aid Foundation.

The report — Philanthropy: A gift or investment? — shows 79 percent of wealthy under 40s have an element of their portfolios allocated to socially conscious investments, those with some degree of social impact, compared to 57 percent of the over 40s.