Impact Investments: Why Short-sightedness Scuttles Opportunity

As Ron Cordes tracked his investments in the months following the 2007-2008 global financial crisis, fully expecting to suffer losses, he noticed something unusual. One of the best-performing parts of his portfolio was the 20% he had hesitantly put into something called “social enterprise investments.”   The 20% consisted of microfinance, agricultural cooperatives and small business loans...

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