Modern family offices must balance wealth management with sustainable investments that benefit society. Below, we discuss how purpose-driven investments, innovative philanthropy, and fostering intergenerational collaboration can help maximise their impact.
Purpose-driven investments
When thinking about sustainable investing, energy stocks and electric vehicle companies are some of the first things that come to mind. However, impact investing offers affluent families more opportunities to make a global impact. And family offices can forge their own unique investing paths.
For instance, when starting their impact investing journey, families can make more informed decisions using tools such as the Impact Management Platform, which uses the ABC classification model to weigh up impact vs financial returns on investments. Moreover, family offices can assess their current portfolios to see if they align with the UN’s sustainable development goals, the shared blueprint for peace and prosperity for people and the planet.
