AAA, an alternative investment advocacy group, claims that a number of recent articles in high-profile publications, such as NBCnews.com have underlined the growing popularity of social impact investing in the US. Although impact investing is not a new thing, some may think it only tends to focus on helping those in developing countries However, this is not so and a large number of bonds and funds are popping up in US cities aimed at helping locals get back on their feet.
The Calvert Social Investment Foundation is one such fund, which has loaned money to a range of good causes, such as Portland, Oregon-based central City Concern. This non-profit organization helps locals afflicted by poverty, homelessness and addiction to learn skills and start businesses.
The investment part of the deal takes place when the loans made by the Calvert foundation, and other similar funds, are packaged into bonds, which are then sold to investors who might be looking to invest in social projects.
AAA supports these kinds of projects, claiming that they can make a significant difference to people all over the world if they are managed correctly and there is enough interest. “A growing number of wealthy individual are becoming interested in philanthropy”
AAA supports a range of alternative investments, with the emphasis on forestry research through sustainable plantations run by firms like Greenwood Management.
Contact:
Anthony Johnson
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320
617-939-9596
info@alternativeassetanalysis.com
http://www.alternativeassetanalysis.com
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