Impact investment and its combination of financial returns and social or environmental purpose is beginning to move from fringe to the financial mainstream in part because the long-held concept that investment should only maximise shareholder value is beginning to fade.
Sarah RundellDecember 5, 2019
Italy boasts relatively few institutional investors, but the Milan-based Fondazione Cariplo shows that new investing standards can still be set in the home of the renaissance. The €7-billion ($9.3-billion) foundation’s most coveted investment work is its pioneering Italian funds in social housing – an asset area that has been touted in larger markets as an […]
Dan BillinghamAugust 30, 2013