AXA IM: Some investors still confuse impact investing with philanthropy
The global asset manager recently announced that it would donate five percent of management fees from its listed impact funds to charity. Although this is positive for clients, it shouldn't be the sole reason for choosing its funds, Henrik af Donner, Co-Head of Client Group Nordics says to AMWatch.
Impact investing and philanthropy have entirely different aims – yet investors still frequently mix up these concepts, according to Henrik af Donner, AXA Investment Managers (AXA IM) Co-Head of Client Group Nordics.
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