The vast majority of charity heads are concerned about their investment managers’ ability to meet ethical requirements, new research shows.

James Hambro & Partners surveyed 100 senior executives at large charities and found 45 percent were ‘very concerned’ about the ability of the investment management advisers to meet their organisation’s ethical requirements. A further 49 percent said they were ‘quite concerned’.

The charities interviewed have a combined £3 billion in investible assets (stock market related investments).

When it comes to selecting investments, 88 percent of executives interv...