Weekly Impact Investment Market Update: June 29, 2018

Impact Investing & ESG

Cambridge University Throws Weight Behind Impact Investing
The council of Cambridge University has made a landmark commitment to addressing climate change in its £3bn (€3.4bn) endowment fund following months of pressure from students and staff.

How ESG Investing Increases Risk-Adjusted Returns
You may not get to have your cake and eat it, too, but you can have your returns and invest responsibly thanks to ESG investing.

Millennial Money Changes the Game for US Advisers
Growing demand for ethical exposure and ESG products presents challenges and opportunity.

Sign of the Times: Designation for Financial Planners Underscores Demand for Impact Investing
An impact-investing oriented professional designation for financial advisors was recently unveiled by the College of Financial Planning, in collaboration with the US SIF: The Forum for Sustainable and Responsible Investment.

Wealthy Millennials Fuel Impact Investing Gains
Impact investing continues to gain momentum among high-net-worth Americans in 2018, largely driven by younger investors’ commitment to socially responsible companies.


United States & Europe

UK Economic Growth Revised Higher in First Quarter
The Office for National Statistics unexpectedly revised higher its third and final estimate for UK growth in the first quarter to 0.2%, after two earlier estimates of 0.1%.


Developing Economies

East African Economies to Enjoy Sustained Economy Growth
Ethiopia, Kenya, Tanzania and Uganda are East Africa’s economic powerhouses and are enjoying significant economic growth, with GDP forecasted to grow by between 5.2 per cent and 8.5 per cent in 2018, according to Ecobank’s the newly published East Africa section of AfricaFICC.

Tanzania Statistics Body Says GDP Reached $51 Billion in 2017
Tanzania said its gross domestic product in 2017 reached 116.1 trillion shillings, or $51.1 billion, according to the National Bureau of statistics.

How Private Equity is Shaking Up Southeast Asia
Western funds rush in as market reforms and rapid growth open up new opportunities.