Weekly Impact Investing Market Update: December 28, 2018

Impact Investing & ESG
 

The Year in Impact Enterprise and Investing
As the year draws to a close, let’s pause to consider what took place in the world of social enterprise and impact investing. Here are five noteworthy happenings.

Broadening the Meaning of Gender-Lens Investing
Demand for “gender-lens investing” strategies has boomed as investors seek to put capital to work in companies that address gender equality in the workplace.

New York City Will Invest a Portion of Its Pension Fund in Climate Solutions
New York City teachers, firefighters, and sanitation workers are investing in a healthier climate – through their pensions. In September, Mayor Bill de Blasio announced that two percent of the city’s pension fund – that’s about four billion dollars – will be invested in companies working on renewable energy, energy efficiency, and other climate solutions.

CalPERS Engages Private Prison Companies
The chairman of the investment committee of the California Public Employees’ Retirement System (CalPERS) says investment officials are engaging management of two private prison companies, CoreCivic and The GEO Group, as well as defense contractor General Dynamics.

Five Themes Expected to Impact Investing in Early 2019
This year has been dominated by geopolitical waves of market uncertainty, protectionism and trade wars.

 

United States & Europe
 

The Year in Emerging Europe
Here is the year in review for all countries in the Emerging Europe region.

 

Developing Economies
 

Vietnam Unseats Singapore as Largest IPO Fundraiser in Southeast Asia
Vietnam leaped to the top of Southeast Asia’s IPO ranking with five IPOs raising $2.6 billion, consultancy EY said.

Argentina to Lead Emerging-Market Rebound in 2019, Says Templeton Bond Head
An emerging-market money manager known for making contrarian bets says Argentina, home to the world’s worst-performing currency this year, looks primed to lead a developing-nation rebound in early 2019.

Brazilians Have Never Been so Sanguine About Economy, Poll Shows
Brazilians’ optimism about the economy has soared to a record high as President-elect Jair Bolsonaro prepares to take office on Jan. 1, according to a Datafolha poll published on Sunday.