Financial Times

Millennials push to put family wealth into impact investments

Young urge elders to back ESG-linked projects instead of traditional philanthropy Fernando Scodro used business course material to get his parents to buy into impact investing © Munshi Ahmed When 31-year-old Brazilian entrepreneur Fernando Scodro set about persuading his parents to adopt impact investing as the primary strategy for their family office, he took a radical step....

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Why seasoned philanthropists give more strategically

Team from the Cordes Foundation with children at an east African school   Ron and Marty Cordes gave money to charity long before they established their family foundation in 2006. However, the earlier sale of Ron’s investment management firm for $230m enabled the couple to substantially increase the scale of their philanthropy and, says Ron, marked a...

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