04/07/19

How Can Offshore Work with Onshore to Create A Better World?

The world is full of challenges, but solutions are to be found in what some would consider the unlikeliest places. Impact investing, at its heart, can draw on the renowned and existing talents of the financial sector, whilst also enhancing social and environmental returns. Investing for social good is increasingly measured and delivered using sophisticated techniques that are similar to what we see in the profit-driven world of purely financial investing. International Financial Centres (IFCs), for instance, have traditionally been used by high-net-worth individuals (HNWIs), corporations and other institutions as a safe base through which to structure their holdings. However, as the rich get richer, and the clamour for social conscience grows louder, the focus on IFCs is turning from the stewardship of wealth for future generations, to the use of offshore structures for philanthropic purposes.