Money managers team up with charities to offer ethical investment products

20 Sep Money managers team up with charities to offer ethical investment products

The Economist has an interesting piece on Impact Shares – a non-profit money manager who is developing exchange-traded funds in partnership with non-profits. Impact Shares has drawn on the expertise and experience of non-profits to determine criteria for ethical stocks around particular social justice issues. They have already partnered with American civil-rights group National Association for the Advancement of Coloured People, gender group YWCA and the UN Capital Development Fund.

This sort of partnership is undoubtedly a welcome and promising development given the growing enthusiasm for impact investment, accompanied by increasing scrutiny of the ethics of impact investment products.

Read more on The Economist