Impact investment funds for frontier markets in Southeast Asia
Subtitle: creating a platform for institutional capital, high-quality foreign direct investment, and proactive policy making
By: Manuel Stagars
Publisher: Palgrave Macmillan
Published: 2015
Place of publication: Houndmills, Basingstoke, Hampshire; New York, NY
Language: eng
Number of pages: 201
ISBN-13: 9781137507266
Subjects: Venture capital; Finance; BUSINESS & ECONOMICS / International / Economics; BUSINESS & ECONOMICS / Finance; Economic development; Foreign Investments; Entrepreneurship
Description: "Until now, most socially responsible and impact investments have centred on developed markets, with growth potential and investment opportunities in the frontier economies of countries such as Cambodia, Laos, Myanmar, and Vietnam being mostly overlooked. While some individuals and organizations have begun to develop responsible investment opportunities with these countries in mind, large new sources of capital for development could still emerge.This book explores the greater potential for global investment in Southeast Asia, and the ways in which socially responsible investment styles can be used in their developing economies. It demonstrates how the benefits of investment could create a robust platform for separate stakeholders, including governments, non-governmental organizations, development banks, the financial sector, and small and medium sized enterprises. The author explores how shaping collaborative sustainable investment policies could speed up inclusive development, address the needs of those at the bottom of the pyramid, and ensure sustainable future growth. "--
Notes: Includes bibliographical references (pages 175-197) and index.
Table of contents: title: Machine generated contents note:; title: Preface; title: 1. Introduction; title: 2. What Is New in This Analysis?; title: PART I: IMPACT INVESTMENT: WHERE ARE WE NOW?; title: 3. What Is Impact Investment?; title: 4. Mandates of Impact Investment; title: 5. Impact Investment and Conventional Investment; title: 6. Impact Investment and SRI; title: 7. Philanthropy and Donations; title: 8. Separating Impact Investment Into Components; title: 9. Social Impact Investing; title: 10. Social Entrepreneurship and Social Enterprise; title: 11. Social Entrepreneurship; title: 12. Social Enterprise; title: 13. Characteristics of Existing Impact Investment Funds; title: 14. Characteristics of Impact Investors; title: 15. Making Impact Investible and Measurable; title: 16. Social Impact Bonds and Development Impact Bonds; title: 17. Challenges for Impact Bonds in the Frontier Markets in the ASEAN; title: 18. Funds and Funding Mechanisms; title: 19. Vertical Funds; title: 20. Future-Flow Securitization; title: 21. Front-Loading of Aid; title: 22. Impact Investment Fund Setup; title: 23. Diversified Impact Portfolios; title: 24. Reducing Risk; title: 25. Diversified Impact Portfolio Across the Value Chain; title: 26. Selecting and Managing Investments; title: 27. Positive and Negative Screens; title: 28. Impact Criteria; title: 29. Experience and Mindset of Entrepreneurs; title: 30. Mission Lock; title: 31. Summary and Outlook; title: PART II: EMERGING AND FRONTIER MARKETS IN SOUTHEAST ASIA; title: 32. Overview of the ASEAN Member States; title: 33. Wealth; title: 34. Investment; title: 35. Current Account Balance; title: 36. Constraints; title: 37. Overview of the Frontier Markets in the ASEAN; title: 38. Investment and Wealth; title: 39. Capacity; title: 40. Urbanization; title: 41. Market Size; title: 42. Industry Sectors; title: 43. Summary and Outlook; title: PART III: CURRENTLY AVAILABLE CONVENTIONAL INVESTMENT OPTIONS IN FRONTIER MARKETS; title: 44. Frontier Market Investment Overview; title: 45. Exchange Traded Funds (ETFs) and Mutual Funds; title: 46. Private Equity Firms Active in Southeast Asia; title: 47. Summary and Outlook; title: PART IV: AREAS OF POTENTIAL IMPACT INVESTMENT INTERVENTION IN THE ASEAN FRONTIER MARKETS; title: 48. Bottom of the Pyramid (BoP); title: 49. Inclusive Development; title: 50. Education and Entrepreneurship; title: 51. Higher Education; title: 52. Capacity Building and Entrepreneurship; title: 53. Beyond Formal Education: Incubators and Accelerators; title: 54. Sustainable Transport; title: 55. Financial Infrastructure; title: 56. Sustainable Urbanization; title: 57. City Prosperity Index; title: 58. Urbanization Trends: Mega-regions, Urban Corridors, City Regions; title: 59. Cleantech and Renewable Energy; title: 60. Disaster Preparedness and Water Safety; title: 61. Medical Services; title: 62. Thailand as an Example; title: 63. Ecotourism; title: 64. Sustainable Farming and Produce Processing; title: 65. Sustainable Coffee; title: 66. Large Potential for Sustainable Farming; title: 67. Summary and Outlook; title: PART V: CONCERNS AND COUNTERMEASURES; title: 68. Perceived Lower Financial Return of Impact Investment and SRI Funds; title: 69. SRI Funds Perform Similar to Conventional Funds, Outperform in Bear Markets; title: 70. Risk, Return, and Correlation of Impact Investment; title: 71. Size of the Impact Investment Universe; title: 72. Remittances and Diaspora Bonds; title: 73. Foreign Direct Investment (FDI); title: 74. Complementing Development Assistance and Conventional Debt; title: 75. Fiscal Health of Host Countries; title: 76. Current Account Balance; title: 77. Balance of Payments Cycle; title: 78. Transparency of Frontier Markets in the ASEAN; title: 79. Fraud and Victim Mentality; title: 80. Economic Incentives and Impact Criteria Promote Transparency; title: 81. Risks of Frontier Market Investment; title: 82. Political Risk; title: 83. Legal Risk; title: 84. Operational Risk; title: 85. Currency Risk; title: 86. Counterparty Risk; title: 87. Execution Risk; title: 88. Liquidity Risk; title: 89. Unquantifiable risk; title: 90. Risk Management Strategies; title: 91. Complicated Asset Sourcing and Management Process; title: 92. Is There Enough Demand from Investors?; title: 93. Investors Care for Social Impact; title: 94. Change in Investment Thesis; title: 95. Existing Programs for Sustainable Development; title: 96. Action Plan for Private Investment; title: 97. Summary and Outlook; title: PART VI: HIGH POTENTIAL OF IMPACT INVESTMENT TO CATALYZE SUSTAINABLE AND RESILIENT DEVELOPMENT IN FRONTIER MARKETS IN THE ASEAN; title: 98. Complementing Existing Sources of Capital; title: 99. Financial Aid Programs; title: 100. Conditional Aid and Development Loans; title: 101. Foreign Direct Investment (FDI); title: 102. Impact Investment as a Complement to Other Capital Sources; title: 103. Less Dependence on Commodity Price Volatility; title: 104. High-Quality Foreign Direct Investment; title: 105. Attracting Institutional Capital; title: 106. Proactive Policy for Sustainable Development and Impact Investment; title: 107. Summary and Outlook; title: PART VII: A LOOK INTO THE FUTURE: BUILDING A PLATFORM FOR SUSTAINABILITY AND IMPACT INVESTMENT; title: 108. Platform Thinking and Network Effects; title: 109. Building a Platform for Sustainability and Impact Investment; title: 110. Introducing Economic Motivators in Sustainable Development Goals; title: 111. A Strategy to Move Forward.