Barclays launches an ‘impact investing’ fund seeded by Harvey McGrath in response to demand

Thursday, September 14, 2017

Barclays announced today the launch of its Multi-Impact Growth Fund, offering retail and institutional investors the opportunity to generate long-term capital growth, whilst, the bank emphasises, making a positive contribution to society.

The Multi-Impact Growth Fund invests primarily in specialist third-party funds, which have been identified and blended by Barclays’ in-house fund and manager selection teams. The funds have been selected as best-in-class, based on both their potential for strong financial returns and the consideration of their impact around key social and environmental issues, such as climate or demographic changes, the bank said.

Barclays said the launch is in response to a growing demand from the market for an investing approach that considers the societal effects of investments, without compromising efforts to seek market-rate financial returns. The bank adds its research has found 56 pct of investors are interested in this type of product, but, only 9 pct have already made an investment.

Photo courtesy of reynermedia.

Source: What Investment (link opens in a new window)

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ESG, impact investing