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.