Enterprising Investor
Practical analysis for investment professionals
19 June 2012

Innovation in Impact Investing: Social Impact Bonds (Video)

Toby Eccles, founder and development director at Social Finance, explains the concept of investing through social impact bonds and how this innovative investment structure can help solve social problems while generating a return on investment for the socially motivated investors.



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About the Author(s)
Usman Hayat, CFA

Usman Hayat, CFA, writes about sustainable, responsible, and impact investing and Islamic finance. He is the lead author of "Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals;" the literature review, "Islamic Finance: Ethics, Concepts, Practice;" and the research report "Sustainable, Responsible, and Impact Investing and Islamic Finance: Similarities and Differences." He is interested in online learning and has directed three e-courses for CFA Institute: "ESG-100," "Islamic Finance Quiz," and "Residual Income Equity Valuation." The other topics he writes about are macroeconomics and behavioral finance. He has experience working in securities regulation and as an independent consultant. His qualifications include the CFA charter, the FRM designation, an MBA, and an MA in development economics. He has served as a content director at CFA Institute. He is a former executive director at the Securities and Exchange Commission of Pakistan (SECP) and former CEO of the Audit Oversight Board (Pakistan). His personal interests include reading and hiking.

3 thoughts on “Innovation in Impact Investing: Social Impact Bonds (Video)”

  1. johnl says:

    Hi Usman, great interview! SIBs seem to be promising. I was wondering, how do you feel CFA candidates can take part in this movement professionally in the future?

  2. Johnl

    I continue to meet CFA charterholders working in social finance. I think with the growth in social finance, it is only likely that more CFA program candidates and charterholders will participate in this sector.

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