Social Finance and the Postmodern Portfolio: Theory and Practice

摘要

Although social investing remains a small field, its growth may surge in the next few decades given the expected $30 trillion wealth transfer from Baby Boomers to their Generation X and Millennial heirs. Investors in those generations are more likely to incorporate measures of social responsibility into their portfolios. Yet, introducing social responsibility into modern portfolio theory (MPT) has remained largely uncharted territory. In an interview with Institutional Investor Journals, Lisette Cooper and Michael Lear of Athena Capital Advisors provide insights into their approaches for merging social investing with MPT.