Asian Development Bank - Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific

Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

1234567...17

Impact Investors in Asia

Characterisitics and Preferences for Investing in Social Enterprises in Asia and the Pacific

2011 Asian Development Bank

All rights reserved. Published in 2011.

Printed in Singapore.

ISBN 978-92-9092-467-8 Publication Stock No. RPT114067

Cataloging-In-Publication Data

Asian Development Bank.

Impact investors in Asia: Characteristics and preferences for investing in social enterprises in Asia and the Pacific.

Mandaluyong City, Philippines: Asian Development Bank, 2011.

1. Investment 2. Social enterprises 3. Asia and the Pacific 4. Asian Development Bank.

The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.

By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of ADB.

Note:

In this publication, $ refers to US dollars.

6 ADB Avenue
Mandaluyong City
1550 Metro Manila
Philippines
Tel +63 2 632 4444
Fax + 63 2 636 2444
www.adb.org

For orders, please contact:
Department of External Relations
Fax +63 2 636 2648

Foreword

This is the report of the Impact Investor Assessment conducted as part of the Asian Development Bank (ADB) Regional-Research and Development Technical Assistance (TA) project: Developing a Regional Social Investment Exchange Initiative. The project is financed by the Investment Climate Facilitation Fund under the Regional Cooperation and Integration Financing Partnership Facility.

The research was conducted by and this report was prepared by Impact Investment Shujog Limited (Shujog) as consultant to the ADB.

Shujog would like to acknowledge significant contributions to the research made by Impact Investment Exchange Asia (IIX). The research was built on and was contextualized by prior research conducted by IIX with generous financial support from the Rockefeller Foundation.

Special thanks are also due to the many survey respondents and interviewees who took time out of their busy schedules to provide the input which was essential to the success of the research. Lastly, thank you to Shujogs many volunteers, without whom this report would not have been possible.

This consultants report does not necessarily reflect the views of ADB or the Government concerned, and ADB and the Government cannot be held liable for its contents.

Please note that for the purposes of this report, $ refers to US dollars.

Table of Contents

About The Project

EXECUTIVE SUMMARY

Background

Survey Methodology

Key Findings

PROJECT CONTEXT

Overview Of Impact Investing

Disconnect Between Capital Supply And Demand

Benefits Of A Regional Stock Exchange

The Role Of IIX And Shujog In Creating A Successful Social Stock Exchange

Engagement Framework

Approach

Survey Format

Target Investors

ANALYSIS OF FINDINGS

Overview

Profile Of Survey Respondents

Participation In Impact Investing

Prerequisites To Realize The Potential Of Impact Investing

Prospective Impact Investment Methods

Attractiveness Of A Social Stock Exchange

Reasons For Favoring The Development Of A Social Stock Exchange

Preferences For Social Impact Indicators And Assessment Methodologies

Operational Requirements For A Social Stock Exchange

Concluding Remarks

RECOMMENDATIONS

Overview

Recommendations For Creating A Regional Social Stock Exchange

Realizing A Successful Stock Exchange: The Role Of lix

APPENDIX

Defining Impact Investing

Defining Social Enterprise

Social Enterprises In Asia

Defining Social Stock Exchange

Impact Reporting And Investing Standards

Shujog Sustainability Framework

Impact Investor Survey

ABOUT THE PROJECT

The aim of the research is to understand the buy side of the market for impact investing in Asia and the Pacific. Specifically, this project places emphasis on understanding the scale and scope of capital pools available for impact investment in sustainable social enterprises (SEs)

The research seeks to understand, What engages investors in impact investment? What is the current and projected level of interest? What is the need for and appeal of a social stock exchange? and What are the operational requirements for each investor category to participate on a social stock exchange? all in the context of Asia and the Pacific region.

This report provides insights to investors keen to invest in the region, financial intermediaries that advise SEs on capital raising, and developers of platforms seeking to connect SEs in the region with impact investors. Impact Investment Exchange Asia (IIX), an SE based in Singapore, is applying the final outputs of this research as it finalizes the operating features of Asias first social stock exchange, which it is creating. The outputs of the research will also aid policy makers and institutional actors to better understand and foster an environment for sustainable development through impact investing.

Impact Investors in Asia

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

Background

Impact investing has emerged as an alternative asset class that channels large-scale private capital into addressing the worlds most pressing social and environmental challenges. J.P. Morgan estimates that the impact investment market has the potential to absorb between US$400 billion and US$1 trillion over the next decade, even when only including five sectors (housing, rural water delivery, maternal health, primary education and financial services) in the analysis. While foundations, development finance institutions and ultra-high net worth individuals have been the traditional pioneers in impact investing, there is a large supply of untapped impact investment capital among individuals and institutions that can help to meet this investment demand over the coming years. Our hypothesis is that the development of a social stock exchange serving SEs in Asia and the Pacific can help to unlock this supply of impact investment capital.

Next page

1234567...17

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

Similar books «Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific»

Look at similar books to Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.

Asian Development Bank

Handbook on Poverty and Social Analysis: A Working Document

Asian Development Bank

Viet Nams Ecosystem for Technology Startups

Asian Development Bank

COVID-19 and Transport in Asia and the Pacific: Guidance Note (COVID-19 in Asia and the Pacific Guidance Notes)

Asian Development Bank

Thinking About Water Differently: Managing the Water–Food–Energy Nexus

Asian Development Bank

Food Security and Poverty in Asia and the Pacific: Key Challenges and Policy Issues

Asian Development Bank

Urban Poverty in Asia

Asian Development Bank

Identity for Development in Asia and the Pacific

Asian Development Bank

SASEC Powering Asia in the 21st Century

Asian Development Bank

Development Asia—Urban Planning Laboratory: January–March 2010

Asian Development Bank

Toward Optimal Provision of Regional Public Goods in Asia and the Pacific: Conference Highlights

Asian Development Bank

The Social Protection Indicator for Asia: Assessing Progress

Peter McCawley

Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank

Discussion, reviews of the book Impact Investors in Asia: Characteristics and Preferences for Investing in Social Enterprises in Asia and the Pacific and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.