Is it a fair question or expectation that at the end of the day, firms like Goldman Sachs or JPMorgan value social impact more than financial returns? Can we really believe that funds would put social impact returns above their fiduciary duty to produce...
Impact Investing is the "act of investing money with the deliberate intention of achieving a positive financial return and social value," as described by Professor Cathy Clark of Duke Fuqua School of Business.
In many ways, it "stems from the failures of traditional philanthropy and...
Jed Emerson, who first coined the term "Blended Value" and is Chief Impact Strategist with ImpactAssets, talked about remaining grounded, focusing less on the how and more on the why of impact investing at SOCAP16 event in September.
Main Takeaway
Impact investing is not a "fuzzy...
Envestnet's new Impact Quantitative Portfolios will managed using tax-smart techniques, ESG data and strategies to maximize potential “tax alpha” that can add up to 60 basis points of value annually. The portfolios will be marketed primarily to RIAs.
The US Treasury Department and IRS finalized regulations that will make it easier for private foundations to make Program-Related Investments (or PRIs). Foundations may make investments now that provide both a charitable and a financial return without fear of facing a tax penalty.