Impact bonds are becoming mainstream
Stephen Fitzgerald | Affirmative Investment Management | 16 April 2020
The impact fixed income market is becoming more diverse in terms of currencies, issuers and ratings. Once dominated by governments, corporate issuers now account for about half of the impact bond market, with industrial, financial and utility companies taking advantage of rising investor demand. As green and social bond issuance continues apace and the market becomes more diverse, practitioners must ensure that the actions of issuers are consistent with the practitioner’s own impact investing philosophy.
