-
New York Pension Fund Could Have Made Billions by Divesting From Fossil Fuels
New York State’s pension fund would have an additional $5.3bn to give to its retired employees if it had divested from fossil fuel companies and put that money into clean energy, according to a new report.
- Categories
- Energy, Environment, Investing
-
Gross Loan Portfolio Increases 39.3% in Pakistan’s Microfinance Sector
The gross loan portfolio of the microfinance sector increased 39.3% year on year (YoY) to reach Rs93 billion at the end of 2015.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- lending, microfinance
-
New Report Explores Activity, Challenges in Impact Investing in Southern Africa
In Southern Africa, the big action in impact investing is in South Africa. But even in that country, there are a great many challenges.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
DriveU Raises $1 Million From Unitus Seed Fund, Silicon Valley Angel Investors
At a time when ride hailing services such as Ola and Uber are rolling out offers to dissuade consumers from using personal vehicles, DriveU, an on-demand driver provider launched by an early backer of TaxiForSure, has raised about $1 million from Unitus Seed Fund and undisclosed angel investors from the Silicon Valley, said co-founder and chief executive Rahm Shastry.
- Categories
- Investing
- Region
- South Asia
-
Point/Counterpoint: Does Socially Responsible Investing Make Financial Sense?
Socially responsible investing has come a long way from the days when it mostly meant not buying the shares of companies in controversial industries such as tobacco, firearms, alcohol or gambling.
- Categories
- Investing
- Tags
- impact investing
-
5 Trends Driving the Future of Sustainable Investing
“Why can’t my investment portfolio reflect my personal values?” We’re increasingly hearing that question from clients who want to pursue sustainable investment strategies that align their personal values with their investments. According to Morningstar, assets in socially screened portfolios now exceed $6 trillion, up from $639 billion in 1995. Demand for sustainable investments seems particularly important to the millennials that represent the next generation of investors for advisors. A Morgan Stanley survey of individual investors highlights this coming demand, as 71% of respondents and 84% of millennial investors expressed interest in sustainable investing.
- Categories
- Investing
- Tags
- impact investing
-
Former D.E. Shaw Chief Risk Officer Peter Bernard to Join Impact Investing Pioneer Root Capital as Chief Operating Officer
Root Capital is pleased to announce Peter Bernard as the organization’s first chief operating officer (COO). Peter will join Root Capital on March 1, 2016 after decades of experience on Wall Street, most recently as the chief risk officer of D.E. Shaw & Company, a global investment and technology development firm with more than $39 billion in investment capital. As COO at Root Capital, Peter will oversee the organization’s lending, risk, advisory services, and talent functions.
- Categories
- Investing
- Tags
- impact investing
-
Viewpoint: Regulators Should Leave China’s P2P Sector Alone
I got into a shouting match with my 83-year-old father-in-law the other day in Shanghai. He had invested 300,000 yuan ($45,940) in Zhongda, an obscure peer-to-peer lending company based in Zhejiang Province. So far he has not suffered a loss from his adventure but he has refused to pull his money out despite my insistence that he do so.
- Categories
- Investing
- Region
- South Asia
- Tags
- lending
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.