Friday, October 2, 2009
Social Financing: New Class of Investment Assets
Last week, the Economist published an article on social finance going mainstream as investors looks for a socially conscious investments. The movement culminated in the launching of the Global Impact Investment Network (GIIN) at a September 25th meeting of the Clinton Global Initiative. GIIN hopes to organize its members (including JPMorgan, Citibank, the Gates Foundation, and the Rockefeller Foundation) and create a marketplace for socially minded financial assets.