In the Global Impact Investing Network’s survey, investment professionals — i.e., fund managers, foundations, banks — reported that their social-impact investments have either met or exceeded their expectations for both impact (98 percent) and financial […]
Steven Bloom, director of governmental relations for the American Council on Education, said the endowment tax will do nothing but harm. “It just takes away money from schools that will be hit and sends the […]
Ian Lanoff, a Washington, D.C.-based lawyer who advises state pension funds on their fiduciary responsibilities, said the divestment of pension funds in the tobacco industry 15 years ago had little impact. “I didn’t see any […]
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