By 2030, the familiar categories of low-, middle- and upper-income in the US may be obsolete. Instead, according to a new report from Bain & Company, an affluent 20% may separate itself from the remaining 80%, who will earn less than what would be considered a middle-class income. The report calls the coming decades-long period
Greetings, ImpactAlpha readers! #Featured: ImpactAlpha original Casting an eye on how banks are — and are not — financing the low-carbon transition. The biggest banks in Europe, North America and Asia are in a global race to finance the historic transition to a low-carbon economy. You don’t believe it? True, a new report by Boston Common Asset Management criticized
The biggest banks in Europe, North America and Asia are in a global race to provide the $12 trillion in financing needed by 2030 for the historic global transition to a low-carbon economy. OK, that’s not the dominant headline out of the new report from Boston Common Asset Management, which surveyed 59 major banks about
In 2015, JPMorgan Chase made a $6.5 million commitment to Detroit’s financially underserved minority small business owners as part of a $150 million investment in the city. The bank nearly tripled the fund size in Detroit in December and has now launched similar, though smaller, funds in San Francisco and New York’s South Bronx in partnership
Greetings, ImpactAlpha readers! #Featured: ImpactAlpha original A handy cheatsheet (and modest provocation) for The Economist’s annual impact investing conference. Impact investors have cheered the magazine’s interest as a British-accented signal that the new investment approach is ready for prime time. Among the weighty questions on the agenda: Can investors revive the American Dream? It will
- New Revivalist: Lisa Skeete Tatum, Founder and CEO of Landit, a personalized career playbook for women
- Place: New York, New York
- Mission: Skeete Tatum and Landit are on a mission to democratize career success for half the workforce — women.
With Dennis Price It will be a welcome relief if The Economist’s second impact investment gathering in New York this week goes beyond high-minded conversation to actually mobilize the super-empowered guest list for concerted action. Impact investors have cheered The Economist’s interest as a British-accented signal that the new investment approach is ready for prime time.