Meet BlackRock’s Impact Investing Team
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Is it possible to invest for a cause and deliver competitive financial returns?
A couple of years ago, a group of young financiers at the asset-management giant BlackRock set out to find out.
Zaneta Koplewicz and Rob Morris, who were 28 and 26 at the time, were inspired by a 2011 article in The Economist about impact investing.
That means investing in companies or organizations for a cause, like environmental or social good, while still generating a financial return.
BlackRock is a huge organization with $4.6 trillion in assets under management, so Koplewicz and Morris first needed to find potential home for such a division. They eventually got Ken Wilson, a vice chairman of the firm, on board to help.