Impact Investing: Nice Niche or Next Big Thing?
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Go to an investment conference today and you will hear all about “impact investing” — investing with the intent to have both social and financial returns. All of the major investment firms have launched investment advisory products around it. A few family foundations have committed all of their assets to it. Yet, according to the Global Impact Investing Network, only $10.6 billion was placed globally in impact investments in 2014. That is less than 0.1 percent of total global investments. So, what does the future hold — slow growth or massive expansion?
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