-
Inspire Corporate Bond Impact Fund Grows to Become Largest Socially Responsible Investing Fixed-Income ETF in the U.S.
Inspire Investing continued their ascension in the investing industry with a big day of inflows on Tuesday, propelling their Inspire Corporate Bond Impact ETF (NYSE: IBD) to become the largest Socially Responsible-themed fixed-income ETF by assets under management, according to data from ETF.com.
- Categories
- Investing
-
With the 2030 SDGs Looming, the Public and Private Sectors Team Up for Global Health
Global health funding is no longer the sole purview of local governments and international donors. Despite large contributions (nearly $8 trillion in 2013) from traditional donors, there is still a critical funding gap of $2.5 trillion annually – in developing countries alone – to achieve the U.N.'s 2030 Sustainable Development Goals. Fortunately, public and private actors are teaming up to close that gap. Rachel Fowler of USAID discusses some intriguing examples, including a first-of-its-kind development impact bond aiming to reduce maternal and newborn deaths in Rajasthan, India.
- Categories
- Health Care, Investing
-
More Governments Are Turning To Impact Bonds–But Do They Deliver?
The model of the social impact bond, now eight years old, is spreading. Figures recently released by Social Finance, a nonprofit that arranges SIBs, says there are now 108 around the world.
- Categories
- Impact Assessment
-
Investing for social impact: new signs of promise
Some bond investors aim to earn a return by putting money toward achieving a social good, such as lower recidivism rates. In the process they're upping the ante for governments to better measure progress – not just how many people a program serves.
- Categories
- Investing
-
Prince Charles launches education impact bond for India
Britain's Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India. The DIB, the largest bond of its type in South Asia, is the latest fundraising initiative by the British Asian Trust (BAT), set up by the royal 10 years ago to fight poverty in South Asia.
- Categories
- Education
- Region
- South Asia
-
Press release: Social Impact Bonds reach global mass: 108 projects launched in 24 countries
The field has seen impressive growth since the first project was pioneered by Social Finance UK in 2010 in Peterborough, with a goal of reducing reoffending among short-sentenced prisoners, a chronic challenge in the UK criminal justice system. This summer it was announced that the Peterborough Social Impact Bond reduced reoffending by 9% and investors were repaid in full, with a 3% annualized return.
- Categories
- Investing
-
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
Parent Organization
