Impact investing, the act of investing in companies, organizations, and mutual funds with the intent of bettering social and environmental impact while gaining a financial return, continues to gain popularity.
As the investment style continues to grow and gain marketshare, experts believe it may be reaching a tipping point.
What was once viewed as a smaller investment style more appropriate for "hippies" it has now become mainstream. Larger investment advisors like Bank of America/Merrill Lynch have begun to offer impact investment products and larger firms, like BlackRock, Bain Capital an TPG Capital have begun to offer impact investment funds.
Read more about the growth and predicitions for impact investing in Wharton's recent article, "Why Impact Investing Has Reached a Tipping Point."