The investment management unit of professional and financial services group Smith & Williamson is launching two new ethical investment services: a Bespoke Green & Ethical Investment Management service and a Green Solutions AIM portfolio service. The first is a bespoke ethical investment service drawing on the full range of potential investments, offering the ethical investor the chance to actively invest in products and services that provide solutions to global environmental and social problems. The second offers a similar service but restricted to UK Alternative Investment Market stocks which qualify for exemption from UK inheritance tax. This service is being promoted by Smith & Williamson's Tax Efficient Solutions division and will invest in AIM companies active in sectors such as energy efficiency and storage, fair trade, healthcare, organic food, renewable energy and waste management and recycling. TES is an originator, promoter and manager of tax mitigation products. The division provides a range of products and services to its own clients and to those of financial advisors, including discretionary portfolios of Enterprise Investment Scheme and AIM holdings and tax-efficient special purpose vehicles.