Document summary
This report highlights some interesting trends in the impact investment market following JP Morgan's third annual survey on this market. Respondents report that they committed USD 8 bn to impact investments in 2012 and that they plan to commit USD 9 bn in 2013. Most respondents report that their portfolios’ financial and impact performance are in line with their expectations, with nearly two-thirds of the sample targeting market rate financial returns on their impact investments. Ninety-six percent of respondents measure their social and/or environmental impact, and four out of five fund managers highlight the importance of impact measurement for raising capital. While respondents believe the market continues to be challenged by a lack of appropriate capital across the risk/return spectrum and a shortage of high quality investment opportunities, they indicate progress is being made evenly across these and other indicators of market growth.