Impact investing used to be reserved for wealthy accredited investors, but it is now available to investors of all stripes, said Fran Seegull, Chief Investment Officer for ImpactAssets. Seegull added that impact investing opportunities are now offered by mutual fund companies, privately held impact ventures and even crowdfunding. She said more than $40 trillion in wealth will move from Baby Boomers to Millennials in the next few decades, with 70% going to women and impact investing will play a critical role with these investors. She said Environmental Social Governance (ESG) investing has seen an explosion of new funds and products in recent years with the result being a 76% rise in assets from 2012, to $6.5 trillion.
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