As part of the initiative, Abacus will continue to work as an independent financial consultant to wealthy families, foundations and financial advisors to create more customized and fulfilling impact with their financial resources. To encourage the widespread adoption of impact investments, Abacus will make a 100% impact-focused mutual fund model portfolio available for any advisor or individual to use for free.
"Our model portfolio isn't our secret sauce," said Abacus CEO
The Abacus commitment to environmental and impact investing goes back more than 20 years. The firm's past efforts include seed-funding a microfinance private equity fund, which was the best-performing emerging-markets private equity fund for the 2006 vintage year, as well as seed-funding two environmentally screened public equity index funds that currently manage over
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