As some investment managers currently maintain their positions on nuclear energy, others also indicate that their stance could be subject to change.
Aegon’s ethical funds, for example, do not invest in companies that provide critical services to, or own or operate, nuclear facilities. “Our ethical fund range has client-led exclusions, and until the majority of our clients change their view of nuclear, then the exclusion will remain,” a spokesperson says. “We ask their opinions on the exclusions every two years.”
Similarly at Aviva Investors, a spokesperson says: “There is an ongoing debate on nuclear of which we are part, looking at the implications of supply of energy, build costs and nuclear waste.
“We are not actively involved in direct investment in nuclear energy at the current time, but will continue to look at both the sustainability and economic considerations of future investment in this area.”
Chloe Cheung is a senior features writer at FTAdviser
