IMPACT INVESTING HAS RAPIDLY EVOLVED. When it first came into vogue nearly 30 years ago, the idea was largely met with skepticism. Investments that hinged on values were considered philanthropic gestures practiced by a handful of investors trying to make a statement. Many values-based investors used strategies that depended on avoidance: Effect change by screening out companies and products they saw as negative, such as alcohol or tobacco. But that technique limited investments and created portfolio gaps

Over the last decade, impact investing has reached the next level, partly due to investors' views of our interconnected economy, combined with greater sophistication in tracking and analysis of markets. Investors are helping to drive the era of "conscious consumers," who are shopping at organic stores, buying goods from companies with clear social missions and driving cars that are environmentally friendly.

Chris Hyzy, chief investment officer for Bank of America Global Wealth & Investment Management, discusses how investors can use what he calls Impactonomics™ to benefit society at large.

Impact Investing

Social impact investing is a relatively new and evolving investment opportunity which is highly speculative and involves a high degree of risk. An investor could lose all or a substantial amount of their investment.


Impactonomics® is a broad term that incorporates investing in companies, organizations and funds with the intention of creating not only profit but also environmental and social impact.

Chris Hyzy
Chief Investment Officer, Bank of America Global Wealth & Investment Management
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