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Goldman Sachs Is Starting a Socially Responsible ETF
With socially responsible investing -- also known as ESG for its focus on a company’s environmental, social or governance policies -- surging to more than $23 trillion globally, ETF issuers are looking to get a piece of the action.
- Categories
- Investing
- Tags
- ESG, impact investing
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Fintech Listed as Emerging Risk to Financial Stability in Report
“Fintech risk, which was included in this survey for the first time, was acknowledged as a significant source of risk by 15 percent of respondents,” the authors wrote. “Generally recognized as holding great promise, these results demonstrate a growing awareness of potential emerging risks, highlighting the need to evaluate both risks and rewards associated with fintech initiatives.”
- Categories
- Finance
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Press release: India’s Aavishkaar Bharat Fund Attracts $95m for Impact Investing from Investors Including CDC, SIDBI, Munjal Family Office (Hero Corporation), TIAA
The fund will support businesses in India that further Aavishkaar’s mission to “enhance livelihoods and reduce vulnerabilities for the low-income population” in “a range of sectors, namely agriculture, dairy, education, energy, handicrafts, health, water and sanitation, technology for development, microfinance and financial inclusion.”
- Categories
- Investing
- Region
- South Asia
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Does Sustainable Investing Help or Hurt Returns?
But despite that strong rationale, which has attracted trillions in assets under management globally to sustainable investments, one of the main concerns many interested investors still have about sustainable investing is “Will it hurt my returns?”
- Tags
- ESG, impact investing
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India is a fertile environment for impact investing: Bill McGlashan
As a $2 billion (around ₹13,000 crore) impact investment fund, managed by the US-based private equity firm TPG Growth, The Rise Fund is one of the most ambitious of its kind.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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Can Index Funds Be a Force for Sustainable Capitalism?
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. Index funds can be a force for sustainable capitalism.
- Categories
- Investing
- Tags
- ESG, impact investing
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Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe
B Capital, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, venture capital
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Could this investment strategy help keep convicts from returning to prison?
Could a financial institution invest in solving some of the nation’s biggest social challenges — and reap a return? This was a question Goldman Sachs faced when approached to invest in a program to reduce recidivism among teenage inmates at New York City’s Rikers Island prison.
- Categories
- Investing
- Region
- North America
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