International keynote speaker Durreen Shahnaz has hailed impact investing for its potential to change the world to an Australian audience of top social finance experts at the Social Marketplace conference in Sydney recently.
In eastern Bali, where the climate is dry and the soil unforgiving, just about the only trees that thrive are those producing cashew apples. But while the residents depend on their crops for sustenance, perhaps 90% of the processing is done in places like Vietnam and India. Meaning: Most of the money is made elsewhere; the average income is $2 a day.
East Bali Cashews, an innovative partnership in Indonesia, underlines how big business can use its know-how to help social enterprises become financially sound and still deliver on their fundamental goal, says founder Aaron Fishman
The economic reforms India launched in 1991 have led to a quadrupling of its GDP, a doubling of hourly wages and the emergence of a new middle class. However, 350 million Indians still live below the poverty line and struggle to access basic education, health care or proper nutrition.
Executives in KKR & Co.’s Singapore and Sydney offices have taken the firm’s environmental, social and governance initiatives one step further, this time outside the portfolio.
Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investment, and KKR, a leading global investment firm, marked the successful completion of its technical assistance project with East Bali Cashews (EBC), based in the rural village of Ban in Bali’s Karangasem District.
Rome wasn’t built in a day, nor were the modern stock exchanges that we see today. In the 1300s, the world witnessed the establishment of the first non-bank related investment markets by the Venetians. Centuries later, formal markets such as the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE) started emerging. Those pioneering formal stock exchanges of the 1800s are now listed amongst the largest and most powerful financial markets in the world.
With the launch of the Social Stock Exchange in London almost simultaneously with the Impact Exchange, these two exchanges are rapidly redefining the sector. This article by Devex writes about how these two platforms operate and how they are changing the face of investing.
The International Finance Law Review (IFLR) shines light on how the world’s first stock exchange dedicated to Social Enterprises will change the face of investing.
Impact Forum is happy to partner once again with Bloomberg Media in spreading the word of Impact Investing across Asia through the Impact Forum. Watch the TV commercial aired on Bloomberg here.
NUS Business School’s Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP), led by Rob John and Pauline Tan with Ken Ito, has developed its second Entrepreneurial Social Finance in Asia working paper series – “Innovation in Asian Philanthropy”. The working paper explores the trends, innovations and strategies in Asian philanthropy and the various organizations that support entrepreneurial philanthropy, including IIX. Read on as IIX is profiled vis-à-vis other players in the region.
AICPA’s Amy Pawlicki discusses about social stock exchanges being developed around the world, and how IIX is contributing to it.
IIX Legal Advisor Matt Kasdin shares his thoughts with the International Financial Law Review on structuring Social Enterprises for investments.
Asian Development Bank promotes Shujog’s role in championing effective and scalable poverty-alleviation solutions through Social Enterprises in an article published October 17, 2012.
IIX Director and Head of Investor Team En Lee is in Prestige Magazine’s “40 under 40″ and talks about impact investing.
IIX Director and Head of Investor Team En Lee mentions how family offices and high net worth individuals are considering getting into impact investing.
“Private bankers are becoming irrelevant,” Durreen Shahnaz, founder, Impact Investment Exchange (IIX) boldly says, because she believes Asian investors, yield-oriented though they may be, want more out of their wealth managers.
Read Durreen Shahnaz’s exclusive interview with Her World Magazine.
DONOR money is drying up and social enterprises in the Asia-Pacific region are looking towards being both profit-driven and socially impactful, said participants at an industry forum this week. Published in The Business Times 30 June 1 July 2012. (Subscription required)
Read the report from Impact Forum’s session called Small Loans Big Impact, published in The Business Times on Friday, June 29, 2012. (Subscription required)
June 25, 2012 – Channel News Asia TV reported a trend at the Impact Forum that “investing with a social cause has caught on in Asia”.
June 26, 2012 – Business Times Singapore interview at Impact Forum 2012.
June 21, 2012 – Stephen P. Groff is Vice President for East Asia, Southeast Asia and the Pacific at the ADB in Manila and is a keynote speaker at the June 25 first annual Impact Forum organized in Singapore by IIX Asia and Impact Investment Shujog. This article was originally published in The Straits Times and was re-published in the Huffington Post.
MAR 12, 2012 – The article featured the IIX public exchange and quoted IIX founder Durreen Shahnaz.
MAR 7, 2012 – IIX/Shujog founder Durreen Shahnaz was quoted in The Guardian.
MAR 6, 2012 – The article featured IIX as Asia’s first social stock exchange and also includes quotes from Robert Kraybill, Managing Director of IIX, and En Lee, Director of Impact Partners.
MAR 6, 2012 – ADB’s podcast on what IIX/Shujog founder Durreen Shahnaz thinks of what the buzz around social enterprise is all about.
Impact Partners™ is the platform for a growing league of ‘impact investors’ who want their money to do good. Download the full article here.
JAN 23, 2012 – Imagine a stock exchange, however, where issuers have a duty not only to deliver financial returns but also to make a positive social or environmental impact.
JAN 5, 2012 - IIX was mentioned in an Institutional Investor article about impact investing infrastructure.
JUN 29, 2011- Durreen Shahnaz, Founder and Robert Kraybill, Managing Director of IIX were interviewed by Michael Switow for the July issue of SC Magazine on how impact investing and business innovation are leading the way as alternatives to philanthropy.
JUN 20, 2011- Durreen Shahnaz, the founder of Impact Investment Exchange and Impact Investment Shujog, was recently profiled for the magazine Youth Leader: the Asian Region.
MAY 31, 2011- Mission Markets™, which operates the first FINRA*- compliant marketplace for impact and sustainability investments, and Singapore-based Impact Investment Exchange Asia (IIX), whose mission is to provide Social Enterprises in Asia‐Pacific with access to impact investment capital, announce a strategic partnership which will broaden their geographic reach.
APR 29, 2011- Director of Impact Partners En Lee was interviewed by Singaporean radio station 938 on April 19, answering questions about the importance of impact investing and the launch of Impact Partners.
APR 19, 2011- Impact Investment Exchange Asia (IIX) announces launch of Impact Partners, Asia’s first private placement platform for investment in social enterprises.
MAR 7, 2011- Managing Director of IIX, Robert Kraybill and Director of Impact Partners, En Lee were interviewed in Teh Shi Ning’s article on Impact Investment Exchange Asia and Impact Partners.