In part two of our research findings, we focus on people’s attitudes towards social impact investing.
In a comprehensive survey of over 1,000 people conducted by B&A on behalf of BlackBee Investments found that over half of respondents said they would only invest in organisations or funds that are ‘socially responsible’.
The research shows that people are seeking out more investments that have a clear societal impact. The research highlights that momentum is gathering behind community focused initiatives in particular and that we can expect to see a rise in conscientious capitalism, with social values being prioritised.
The negative impact of Covid-19 is clearly evident in this survey with just one in six now likely to invest in stocks and shares in the next 12 months. However what is interesting is that over half of those surveyed said they would only invest in organisations or funds that are ‘socially responsible’.
The survey shows that people are seeking out more investments that have a clear societal impact. The research also shows that this coming of age is different to philanthropy in that investors are looking for financial returns and the social impact of those investments. However, the research also found they are not sacrificing return to have an impact.
CEO of Blackbee Investments, David O’Shea said: “Social Impact Investing is an up and coming investment area and we would expect to see more focus on it following the Covid 19 crisis. We are very proud of our Healthcare Investment Product and it is performing well at the moment. We see this as an investment that will set new care standards, offer transformative social impact, whilst simultaneously driving the economy.”
Last year, Blackee established Aperee, the operational arm of its Healthcare Fund. The Healthcare Investment Fund, which will result in the creation of Ireland’s largest residential care group is performing very well. The fund is seeking to raise €250m to invest in the acquisition and development of state-of-the-art care homes, with the money being targeted from both institutional and professional private investors. Click here for more info on our Healthcare Fund.