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AAA Welcomes New Support for Canadian Impact Investing
AAA, an alternative investment advocacy and research group, has lent its support to the TMX Group in Canada, which has announced a commitment to contributing to the development of the impact investing market in the country.
TMX Group is officially supporting MaRS Centre for Impact Investing ('the Centre'), which has been created to try to promote and initiate impact investing programs. The programs that will be launched by the Centre are all about mobilizing cash to help fund projects that are beneficial on either a social or environmental level.
The existing impact investment market in Canada is worth an estimated CA$2 billion and is expected to increase to CA$30 billion within the coming ten years as more and more investors look for ways to ensure their money goes towards ethical and responsible causes. The MaRS project will work by finding ways to match investment with projects that could help social or economic causes, but that could also generate returns for the investors.
AAA's analysis partner, Anthony Johnson, said, “Many people may presume that impact investors see little return on their investment. However, more and more ethical investment projects are generating healthy returns due to the fact that there are an enormous number of opportunities to help people in developing countries to make money by starting their own enterprises.”
The TMX Group's Vice president, Ronald Alepia, said, "TMX Group is pleased to support corporate social innovation in partnership with the MaRS Centre for Impact Investing."
"The MaRS Centre for Impact Investing is the right institution with which to develop this transformative new opportunity for Canada. We've been active with the Centre from its inception and look forward to a long and productive partnership,"
AAA supports ethical investments of all kinds, including investment in sustainable forestry plantation projects, such as those run in Brazil by firms like Greenwood Management.
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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.
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