Impact Investing Research Collaboration Announced: Toniic & CSP

Dr. Charly Kleissner, Toniic co-founder and chief strategist of Toniic’s 100% Impact Network, said: “We are thrilled that this research will benefit not only the academic community, but also practitioners.  Impact investors are yearning for a “Post-Modern Portfolio Theory” that includes impact at its core, not as a so-called “externality,” as the current antiquated theory of investing does. Deep impact investors are seeking appropriate financial return for the level of impact risk they are willing to take to achieve a targeted level of impact.  That is a fundamentally different starting point than traditional asset allocation, and it is not yet guided by rigorous academic research.  This partnership promises to change that.”

toniic is the global action community for impact investors

Announcing Research CollaborationToniic Institute and The Centre for Sustainable Finance and Private Wealth at the University of Zurich announce today the launch of a partnership to facilitate the study of the investment behavior and motivations of private impact investors.

         

We’re excited to be part of a groundbreaking impact investing research initiative with the Center for Sustainable Finance and Private Wealth (CSP) at the University of Zurich.  To facilitate the study of the investment behavior and motivations of private impact investors, CSP will lead a consortium of leading academic researchers who will have access to anonymized data from Toniic members who have committed to “100% impact” investing.

Sharing the data of Toniic members with CSP will enable for the first time fundamental research in the field of impact investing and private wealth at the level of rigor that only academic study can provide.

“This type of data is rarely available for academic study, because it concerns the private wealth of individuals,” said Dr. Falko Paetzold, Managing Director of CSP.  “Wealth managers who have access to such data have neither the permission nor the motivation to share it with academia.  Toniic members, who are motivated to improve transparency and build the field, are sending a powerful message by making this data available.”

“We are thrilled that this research will benefit not only the academic community, but also practitioners,” said Dr. Charly Kleissner, Toniic co-founder and chief strategist of Toniic’s 100% Impact Network.  “Impact investors are yearning for a “Post-Modern Portfolio Theory” that includes impact at its core, not as a so-called “externality,” as the current antiquated theory of investing does.”

We’re very grateful for the support and participation of all the Toniic members who have shared their portfolio data with us, and the generous financial support of the Ford Foundation, making this exciting new research partnership possible.My very best,
Adam S. Bendell
CEO