The fund avoids investing in companies that make weapons or derive revenue from tobacco, alcohol or gambling.

Anway this is just a way to avoid investing in developing a proper marketplace where such theft is more difficult.

The university consults the list to avoid investing in South Africa, he said.

Public pension funds on both sides of the Atlantic commonly avoid investing in certain companies on social or ethical grounds.

Advisers to the Amana funds also avoid investing in companies that, for example, sell pork or alcohol.

The two fund families have another similarity: both try to avoid investing in companies that produce or distribute pornography.

Some managers say they avoid investing in certain companies because of moral or ethical concerns.

So they avoid investing too much hope in the possibility that we could surprise them.

Each client's portfolio is tailor-made to avoid investing in companies they might consider to be unethical.

That way they can double charge and avoid actually investing in infrastructure.