Ultra-high net worth individuals moving towards impact investing: Credit Suisse

November 17, 2015 | By | Reply More

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SINGAPORE: Ultra-high net worth individuals in the Asia Pacific plan to allocate more funds towards impact investing, over philanthropic donations, according to a report released by Credit Suisse at its annual Philanthropists Forum on Tuesday (Nov 17).

With impact investing, they put capital with enterprises that generate a positive social or environmental impact, other than giving financial returns.

However, philanthropy involves donations to causes with positive social or environmental impact, without expecting any financial returns.

Philanthropy is currently the most popular form of doing good, but the study, named “Asian Philanthropy: An Evolving Landscape”, found that these ultra-high net worth individuals intend to move their capital allocations towards more impact Investing activity to up to 44 per cent in next three years, compared with 33 per cent currently.

“The impact investing, the impact philanthropy becomes at the forefront of people’s minds,” said Mr Benjamin Cavalli, Southeast Asia Market Area Head of Credit Suisse. “People want to see that whatever they donate has a certain impact, can be accounted for and is measurable as well.” 

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