In present business, beyond conventional investment banking, there is growing interest on a term called “impact investment”. This impact investing is a method where traditional investment is done keeping in view the ESG factors which are – environmental, social and governance. To cite an example, at the Wharton University, more students are now enrolling for the impact investment course than investment management. This has led to a Social Impact Initiative of the Wharton. Business intelligence provided by Bank of America (BoA) sites that a whopping weighty-five percent of millennials are interested in impact investment. Reports further suggest that women are more likely to go for impact investing than men, so are likely to own majority of the finds in coming times. Merrill Lynch is one of the traditional players now entering this field, but following close behind are Black Rock, TPG and Bain.

Source:http://knowledge.wharton.upenn.edu/article/social-impact-investing-interest-manpower-and-money-pour-in/

Uploaded Date:06 February 2018