Rethinking investments: reflections on the Endowments Investing Challenge impact investing applications
Six years ago, Trustees of Friends Provident Foundation asked why their decisions about investing the foundation’s endowment were made behind closed doors. That simple question led to an open tender process to find an investment service provider (ISP) for a joint mandate of £30 million from Friends Provident Foundation, The Blagrave Trust, and Joffe Trust. The mandate focused on environmental, social, and governance (ESG) issues and the winner was […]