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Is social impact investing really only for millennials?
Those aged 35 and older are at least as likely to want investments that have a positive impact as so-called millennials, those aged 25 to 34.
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- Investing
- Region
- North America
- Tags
- impact investing
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American sustainable funds outperform the market
Data released last week by Morningstar, a data-provider, showed that sustainable American funds outperformed the broader market and recorded their third-consecutive year of record inflows.
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- Investing
- Region
- North America
- Tags
- impact investing
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Press release: Innovation Works and Miller Center form partnership to create 250 social enterprises, 5,000 jobs in Baltimore
IW was formed to support Baltimore’s entrepreneurship development as a path to creating sustainable jobs, increasing average household incomes, and building neighborhood economies in underinvested communities. Miller Center, as the largest and most effective university-based social enterprise accelerator in the world, brings best practices and experience to the initiative.
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- Uncategorized
- Region
- North America
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JPMorgan Ends Financing of Private Prisons After Criticism
The shift comes after increased scrutiny. Protesters have been urging JPMorgan Chief Executive Officer Jamie Dimon to stop backing the sector as part of a growing chorus of critics who have been following the CEO around the country to get the bank to join their fights over a slew of social issues.
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- Investing
- Region
- North America
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Impact investing gains traction in Canada
Assets devoted to impact investing in Canada have almost doubled over the past two years, and are set to grow further, according to a report from the Responsible Investment Association (RIA) and Rally Assets published Thursday.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Report: Most U.S. money managers see sustainable investing as essential to thrive
"The survey results demonstrate that sustainable investment strategies are now a strategic imperative," said Matthew Slovik, managing director and head of global sustainable finance at Morgan Stanley, in a news release announcing the survey results. "It is clear that asset managers will continue to invest new resources and expand their product portfolios in the coming years."
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- Investing
- Region
- North America
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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets
Hedge funds, investment banks and money managers are trying to raise tens of billions of dollars this year for so-called opportunity funds, a creation of President Trump’s 2017 tax package meant to steer money to poor areas by offering potentially large tax breaks.
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- Investing
- Region
- North America
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Press release: CFSI & AARP Foundation Survey: Today’s Low- to Moderate-Income Adults Over 50 Face Difficult Financial Challenges
“For too many low-income older adults, the later years are a source of stress instead of something to look forward to,” said Lisa Marsh Ryerson, president of AARP Foundation. “AARP Foundation works across sectors to develop new, sustainable solutions so vulnerable older adults can achieve a more financially stable future.”
- Categories
- Finance
- Region
- North America