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Laxman Pai, Opalesque Asia: The global impact investing market has reached $1.571tn, managed by 3,907 organizations, at the end of 2023. This is more than double the size it was four years ago, revealed a study.
According to the latest market sizing report from the Global Impact Investing Network (GIIN), the AUM represents 21% compound annual growth (CAGR) of the total impact investing market since 2019.
As per the 2024 survey, the average investment portfolio held $986m in impact AUM, while the median investment portfolio held $42m across a subset of 1,593 organizations.
"The findings of this market sizing research underscore the accelerating momentum behind the impact investing industry. In 2024, impact investing is well-positioned to capitalize on this momentum as the urgency for action on social and environmental problems is mounting," the GIIN said in the report.
"The current pace of capital allocation towards the SDGs is far from sufficient to mitigate the worst effects of climate change and global inequality, but we can reverse this trend by engaging more investors, more capital, and working together in new ways," the study stated.
Investment managers accounted for 59% of organizations sampled, while only contributing representing 27% of global impact AUM. By contrast, pension funds comprised 14% of organizations but held 29% of impact AUM, and insurers accounted for only 4% of the sample, but 19% of AUM.
The GIIN emphasized the crucial role inst...................... To view our full article Click here
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