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A convergence of factors drives this including:
- Millennials being a global generation
- Advances in models for doing good and making money
- Underlying tech to fuel discovery (investing platforms) and to drive efficiency
- Potential for block chain to deploy capital to NGOs and developing markets
Be sure to see this additional report on Millennials and Impact investing.
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Spectrem Group found that 45 percent of wealthy millennials want to use their wealth to help others and consider social responsibility a factor when making investment decisions.
http://www.ssireview.org/blog/entry/millennials_will_bring_impact_investing_mainstream
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More posts by Brooks Gibbins
