Partner Insight: Global Social Bonds Can Offer More Impact

credit: closerdaybyday

One of the world's biggest asset managers has launched a new fund that aims to invest in some of the world's poorest countries, the Guardian reports.

Called the CT Global Social Bond Fund, it's the brainchild of Columbia Threadneedle Investments and aims to invest in some of the world's "most unequal societies," according to a press release.

"The fund looks like a conventional fund," says portfolio manager Tammie Tang.

"The latter two we are among the leaders in having the most unequal societies.

At its core, it's a high-grade fund, so eligibility in terms of global or more emerging market type of regions is open so long as it meets that criterion."

The fund will invest in mostly European, US, and UK countries, but it will also invest in countries in Africa, Asia, and Latin America, according to the press release.

It's not the first time a major asset manager has launched a social bond fund.

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Estes Park Nonprofit Network's National Philanthropy Day Winners Announced

350 community members gathered last week to celebrate the 15th anniversary of National Philanthropy Day in Estes Park.Ania and Ryan Leahy, owners of the Egg of Estes, were crowned the winners of the...more

For Wall Street-Fueled Philanthropy Industry, Every Day Is Giving Tuesday

A new report details how the "profit motives of the financial services sector have increasingly and disastrously warped how charitable giving functions" Wealthy people have the option to donate to...more

Bofa Celebrates 20 Years of Neighborhood Builders

Since 2004, Bank of America has invested more than $346 million in grants to nearly 2,000 nonprofits and helped more than 4,000 nonprofit leaders strengthen their leadership skills.The bank honors...more

'We Need to Be More Than Just A Conventional Philanthropy:' New Hanover Community ...

New Hanover Community Endowment has enough money to give every person in New Hanover County about $220.Leaders also unveiled a new system called the a€˜Grants Rainbow.It includes six tiers...more

When Philanthropy and Seva Come Naturally

Indian Americans' commitment to philanthropy was the first-ever India Giving Day held on March 2, 2023.Young Hindu professionals go to remote places in Africa and India to help with whatever skills...more

Burcum: Inspiring Minnesota Program Steers Military Medics Into Medical School

Inspiring Minnesota program steers military medics into medical school.University of Minnesota Medical School is innovating as nation faces shortage of physicians.Three medics selected out of 13...more

Ypc Senior Shoutout: Morgan Galyen

Morgan Galyen is a senior at Twin Lakes High School.She has spent the past three years making a difference through the Youth Philanthropy Council.Her dedication to improving the learning environment...more

Creating Purpose and Impact

PNC is helping North Carolinians redefine what it means to deploy capital to create impact.PNC's role is to help families define their purpose and then translate that purpose into action through the...more

The Shared Gift

100 Women Who Care Greater Sarasota is a diverse group of women from various backgrounds and financial situations.The group meets twice a year to choose one 501(c)(3) charity to support, aiming to...more

Nature Champion
Foundation: Gulf Coast Community Foundation

When she moved to Sarasota, Wamsler became heavily involved in a number of conservation projects through the Conservation Foundation, which she helped start.She believes that Sarasota has a strong,...more