socially responsible investing

Impact investing is at a stage where family offices can get involved without having to chart unknown territory, according to a new appointment at Trusted Family, who previously worked for LGT Venture Philanthropy.

Wolfgang Hafenmayer became the new head of impact advisory at Trusted Family in January, and will be responsible for expanding societal impact solutions for business-owning families that are part of the online network.

Families of wealth in Asia are increasingly looking to impact investing rather philanthropy to achieve social and environmental good, according to a new report released this week.

Over the next three years families anticipate allocating 44% of their “doing good capital” to impact investing, compared with 33% today.

A pioneering survey examining the performance of impact investment funds, and comparing them with those that have no explicit social impact objective, has found market rate financial returns can be achieved, and in certain segments even exceeded.

The new research from the Global Impact Investing Network (GIIN) validates industry advocates who say “doing good” while achieving financial returns is possible.

Family offices and high net worth individuals are among some of the leading investors in impact investments – a practice forecast to be worth $12.7 billion (€9.4 billion) in 2014, according to a new report.

Wealthy individuals and families account for 17% of total capital raised by fund managers, said The Impact Investor Survey, released by JP Morgan and the Global Impact Investing Network (GIIN).