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Fields of Gold? Jana seeks new money, allies with impact hedge fund
Wall Street investor Barry Rosenstein’s new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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On Philanthropy: 6 ways the world of giving could change in 2018
When it comes to the world of philanthropy, 2018 promises to be transformational. Pessimists are concerned about the impact of new federal tax laws, the increase in income inequality and the growing need for critical social services. Optimists see more reason for hope, believing that we have entered the “golden age of giving.”
- Categories
- Investing
- Region
- North America
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U.S. ‘socially screened’ funds draw second-biggest inflows ever
The industry remains relatively small, with an estimated $2.6 trillion in funds that screen investments based on companies’ social and environmental impact, compared with $16.3 trillion in all funds, according to the Investment Company Institute trade group.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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Opinion: Larry Fink Talks the Talk But Neglects the Walk
It's not clear Fink has done much to back up that 2014 letter. The biggest buyer of its own stock is Apple Inc., which is on track to spend about $235 billion since 2012. The second-biggest investor in Apple, behind Vanguard, is BlackRock, which through its funds holds just more than 6 percent of the iPhone maker's stock. Fink seems to be in a good position, better than pretty much anyone else, to tell Apple to quit, or at least limit the buybacks. And yet there is no record he has. And Apple certainly hasn't curbed its stock buybacks.
- Categories
- Investing
- Region
- North America
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IFMR group looks to appoint investment banks for share sale
IFMR group, which provides financial services to lower income population and the companies serving this segment, plans to go public and is in talks to hire investment banks for the same, two people aware of the development said.
- Region
- South Asia
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Billionaire Sam Zell: BlackRock’s Larry Fink is ‘extraordinarily hypocritical’ to push social responsibility
BlackRock's Larry Fink and other CEOs are "extraordinarily hypocritical" to push companies for more social responsibility, billionaire investor Sam Zell told CNBC on Tuesday.
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- Investing
- Region
- North America
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BlackRock’s Message: Contribute to Society, or Risk Losing Our Support
On Tuesday, the chief executives of the world’s largest public companies will be receiving a letter from one of the most influential investors in the world. And what it says is likely to cause a firestorm in the corner offices of companies everywhere and a debate over social responsibility that stretches from Wall Street to Washington.
- Categories
- Investing
- Region
- North America
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Seeing Beyond Silos: A More Holistic Approach to Supporting Social Entrepreneurs
If it takes a village to raise a child, then it takes an entire ecosystem to shepherd a social enterprise from inception to scale. But that ecosystem too often is splintered with investors, accelerators and other advisors sorting themselves into silos. Alex Pan and Mark Correnti, with the Miller Center for Social Entrepreneurship, advocate for a "structured collaboration," with accelerators taking the lead as honest brokers.
- Categories
- Impact Assessment, Investing, Social Enterprise