This article from the Financial Times gives a broad synopsis of the research report entitled

by J.P. Morgan Global Research and The Rockefeller Foundation.

"'Impact investment' - an embryonic market in which investors aim to achieve positive social or environmental gains - is beginning to emerge as a separate asset class and should be treated as such, says a report from JPMorgan and the Rockefeller Foundation.

"The study claims to be the most comprehensive look to date at the way philanthropic foundations, private individuals and more traditional investors are seeking to do good with their investments rather than merely ensure a financial return.

"Nick O'Donohoe, global head of research for JPMorgan investment bank, said that over the next decade, the impact investment market could grow to be worth between $400bn and $1,000bn in sectors such as clean water, maternal health, primary education, microfinance and affordable housing.

"The study foresees a potential to generate profits of between $180bn and $600bn or more.

"Impact investment is aimed at those 'at the bottom of the pyramid' who earn less than $3,000 a year, and where the aim is to have a positive social impact, not just produce returns - although the study demonstrates that real returns are being made."