Bron
Business Insider
UBS Chairman Axel Weber sees a growing market for so-called impact investing, which focuses on projects that are good for the environment or society as a whole. Derivatives such as bond indices are needed to take the market mainstream, Weber said, to allow investors to hedge risk.
The market for so-called impact investing, which funds projects beneficial to the environment and wider society, has a problem.
There’s no global agreement on how to measure the impact, according to UBS Chairman Axel Weber.
Only when the proper standards are in place, and markets for derivatives such as bond indices are developed, can it truly take off.
