• Summary

    In June 2014, the Social Impact Bond Act was introduced in Congress. The bipartisan bill would allow the Treasury to reimburse only those social betterment projects that achieve their targeted outcomes. Further, the bill would create a Federal Interagency Council on SIBs. Members would come from 10 government agencies and departments and would be chaired by a member of the Office of White House Policy.

    “SIBs are a better fit for human nature than guaranteed government appropriations since they tap into incentives. No results, no money. Should this federal endeavor–right now capped at $300 million–prove successful, it could be the tipping point for a wave of more SIBs..”

    Read original article

  • Summary

    William Burckart, the managing director of Impact Economy (North America), discusses the state and prominence of impact investing.

    "Advisers who don't believe impact investing will play a meaningful role in their own client strategies aren't seeing the writing on the wall. Investing for meaningful impact will become part of mainstream planning and, in fact, will be the core portfolio for many next-generation investors who stand to inherit upwards of $41 trillion in baby boomer wealth."

    Read original article

  • Summary

    Luther Ragin, President and CEO of the GIIN and former CIO of the F.B. Heron Foundation, argues that impact investing meets financial and philanthropic expectations.

    "Is impact investing - investing with the aim of generating tangible social and environmental benefits alongside a financial return - a viable strategy? The practice has its skeptics, but even the unconvinced must recognise the growing list of successful investments and initiatives that point squarely at a burgeoning marketplace."

    Read original article

  • Summary

    Investment Europe highlights key findings from the GIIN/JP Morgan investor survey.

    "Widespread commitment to allocate 19% more capital to impact investments in 2014 compared to 2013 revealed by JP Morgan and the Global Impact Investing Network (GIIN) survey. 125 global investors, including fund managers, banks, foundations, development finance institutions, and pension funds surveyed by JP Morgan and GIIN expect to commit 19% more capital to impact investments in 2014 compared to 2013, as satisfaction with the financial returns and the social and environmental impact of these investments remains high."

    Read original article

  • Summary

    The New York Times discusses efforts to engage younger philanthropists, highlighting the topic of impact investing.

    "One topic that seemed to generate intense interest among the wealthy heirs was impact investing, which refers to a socially conscious form of investing that seeks to generate both a social benefit and a meaningful financial return."

    Read original article