Feel-good investing gaining ground: DBS
Bank sees millennials moving away from traditional charity-giving to socially-responsible investing
Singapore
IMPACT investing is a hard sell but, increasingly, the millennial generation is interested in investing not just for return but also for good, said Tan Su Shan, DBS Bank group head of consumer banking and wealth management.
Last year, when DBS tried to raise a Women's Livelihood Bond, clients were not keen, said Ms Tan, who ended up roping a few colleagues to join her in chipping in to get it going.
The US$8 million bond has an impact on the livelihoods of over 385,000 women in South-east Asia through micro loans. Investors b…
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