March 18, 2011
Investment Week profiles the emerging impact investing asset class in this piece by Alex Weiland, Chief Investment Officer of Truestone Impact Investment Management.
From original article:
"This new asset class is designed to generate market rate returns while investing in sub-sectors such as agriculture, sustainable forestry, renewable energy, housing, education, health, SME finance and micro-finance, mainly in the underdeveloped world but also in deprived developed communities.Pie in the sky?
"Some skeptics might deem this to be pie in the sky but a recent report from J.P. Morgan predicts that impact investing could attract up to $1trn (GBP 620bn) over the next decade. The same report suggests that potential profits could be as high as GBP 667bn (GBP 422bn)."