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Linking institutional investors to communities

Author

Listed:
  • Anna Steiger

Abstract

Public pension funds, insurance companies, foundations, and universities increasingly pursue community investments because they deliver on twin goals: high financial returns and economic growth in underserved areas. Since 2000, mission-related investments have grown at a 19.5 percent compound annual rate.

Suggested Citation

  • Anna Steiger, 2008. "Linking institutional investors to communities," Communities and Banking, Federal Reserve Bank of Boston, issue Sum, pages 13-15.
    • Handle: RePEc:fip:fedbcb:y:2008:i:sum:p:13-15
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    File URL: http://www.bostonfed.org/commdev/c&b/2008/summer/steiger_community_investment.pdf
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