Institutional investors have long made investments that have impact, for example in assets such as infrastructure and social housing, just perhaps without the intentionality that characterises impact investment. Increasingly, investors are adopting and helping to develop impact investment practices.

The surging interest in impact investment is leading to a rush of new products coming to the market. It has always been important to ensure that impact investment products have a clear purpose and are managed well. Now, it is more important than ever.

Individual investors, family offices, endowments and other institutions are moving beyond Environmental, Social and Governance (ESG) integration and seeking measurable impact as well as a financial return. Those that serve them are having to build new skills.