The iX, as it is known, is a stock exchange for social investment projects, which was launched about a year ago alongside partner the Stock Exchange of Mauritius.
Tamzin Ratcliffe, who dreamed up the idea of the social stock exchange, says that the exchange is set to start operation in the third quarter of next year. She says that six social enterprises have already signed up to the listing process and that any investors, even unaccredited ones, will be able to buy shares in these companies.
Ratcliffe said that social enterprises have been slow off the mark in signing up to be publicly listed as they are not used to seeking out funds this way. She said, “Going to the market for money is not something they're used to.
“The process of encouraging companies and getting them to understand the value of being part of a marketplace - that’s been quite a lot of work.”
AAA's analysis partner, Anthony Johnson, claims that the social stock exchange is a great idea for generating interest and making investment in ethical projects more accessible to all. He said, "Being able to sign up to buy and sell stocks in social enterprises is a great idea and we are sure the project will be a huge success.”
AAA is a supporter of impact investing and investment in ethical projects that can benefit communities and the environment. Mr Johnson says that investing in timberland projects that are sustainably operated is a good option for anyone who wants to diversify their investment portfolio. “If the value of your fully grown trees are not what you expect at the time of maturity,” claims Mr Johnson, “you can always just hang onto them and watch them grow even larger while prices rise.”
About Alternative Asset Analysis:
The remit of Alternative Asset Analysis is to analyse and provide news on the global performance of a wide range of alternative asset classes including, but not restricted to, commodities, real estate, forestry, foreign exchange, hedge funds, private equity and venture capital.
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320