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Make money, do good: women and young invest with purpose
by Lee Mannion
Thomson Reuters Foundation Translate This Article
8 February 2018
On 8 February 2018 Thomson Reuters Foundation reported:
Investors increasingly want more than good returns -- they want to do good, too, with women and millennials most likely to buy products that seek to save the world, according to a Swiss bank. The number of global impact investing funds created before 2004 totalled 31 -- by 2016 that had risen to 420, according to ImpactBase, a website that lists impact investments. The amount of money going into impact investing increased by 18 percent annually between 2013 and 2015, according to the Global Impact Investing Network, which monitors market activity.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
Fund managers are also reporting higher levels of interest about impact investing, according to a 2017 report by the Global Impact Investing Network.
Gifford [James Gifford, head of impact investing at UBS, at a breakfast briefing with reporters] said millennials were more interested in sustainable living and this ethos informed their money decisions.
'Similarly, all the surveys are showing that women have a higher affinity for sustainability in investment and business,' Gifford said.
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