Impact investing

Below some notes on the outcome/ incorporation of the requested.

Here some general notes to the Thesis:
– It should be written in an academic voice
– There is a key difference between refugees and migrants, migrants can be used to streghtens arguments as part of the BoP+ group but this needs to be explained (ie. Both are part of BoP+)

– The main focus is on impact investing not on politics etc. hence the situation needs to be explained but there needs to be relevance to the facts.

Layout:
– Introduction to Philantrophy and social forms of investing
– Development of ESG
– The emergence of impact investing
o Sectors
o Demographics of impact investors
– Forms of impact investing (PE/PD/ green bonds/hybrid bonds)
o This should include the explanation of what an asset class is and potentially a short discussion on why impact investing could potentially be its own asset class ( JP Morgan report)
o https://www.jpmorganchase.com/corporate/socialfinance/document/impact_investments_nov2010.pdf p.5 and p. 8
o https://thegiin.org/impact-investing/need-to-know/#s5 2
o https://www.forbes.com/sites/christopherskroupa/2017/05/22/unpacking-impact-investing-an-emerging-asset-class/#2ec5079b511f

o https://www.forbes.com/sites/devinthorpe/2016/08/31/impact-investing-expert-proposes-impact-classes-to-parallel-asset-classes/#259513593afe
o
– Paradigm shift
– Impact or financial return: a non existent trade off
– Case Studies
o Emerging markets (BoP) – shoud be extended
 What has happened on the impact front
 Most data available here as biggest market – BRICS countries

o Developed markets (BoP+)
 Germany
 Sweden
• General right wing movement increasing in both countries ( for germany recent election polls can be used ) T
• Could be used as a means of inclusion
– The problem with impact investing
o What are the current issuses
 Examples from different case studies, draw parallels and possible differences
 Ie. Emerging markets face different problems to Europe
 Often pre seed stage or too small for major investors such as blackstone etc
 High risk
 http://monitorinstitute.com/downloads/what-we-think/impact-investing/Impact_Investing_Exec_Summary.pdf
– Ways to achieve impact investing
o What would it take to make impact investing more achievable or scalable –
o This could be government regulations, subsidies, fiscal rules etc etc etc
o Who currently hold large amounts of cash ( could be pensions funds and insureances – a possible argument could be they have the option to invest X amount in impact )
o Could also discuss making green bonds more common/ attractive ….
o Just some ideas
– The potential of impact investing (conclusion) THIS SHOULD BE THE CONCLUSION AND DRAW ALL RELEVANT ARGUMENTS TOGETHER: NOT BE A COPY AND PASTE FROM THE INTRO OF ESG – ESG CAN BE USED AS AN EXAMPLE BUT NOT MERE REPETION
o Mention trends and how ESG progressed (one liner) and how this can be applied to impact too
o Mention some of the problems discussed with possible solutions ( monitorinstitute)
o Etc etc etc

WE ACCEPT