Impact Investing: A Primer for Family Offices from the World Economic Forum
While impact investing is becoming an increasingly popular topic of conversation with mainstream investors as we approach 2015, there is a lack of information and resources to allow these enthusiastic investors to engage meaningfully in impact investing.
According to Michael Drexler, Senior Director and Head of Investors Industries at the World Economic Forum, “impact investing still needs to be translated from a compelling concept to a sound strategy” (Impact Investing: A Primer for Family Offices; Preface).
This situation is especially true for family offices.
It is for this reason that the World Economic Forum recently released a report detailing the theory and practice of impact investing aimed specifically at family offices. This report charts the course for such offices, step-by-step, into impact investing.
The report is offered “as a resource and tool that family offices can use to begin the conversations internally, to craft and design their own engagement strategy on impact investing with family members, advisers and potential investees, as well as to ensure that not only is their wealth growing in value, but also that their wealth can reflect their values.”