GLOBAL - Only 11.8% of respondents to the Global Pensions 100 Panel said they have made or are considering making investments in microfinance vehicles. The results, come after the California State Teachers' Retirement System began last month a discussion surrounding the merits of microfinance investments.
According to a CalSTRS research report posted on the pension fund's website, demand for microfinance loans is estimated to reach US$300bn, but supply is at a mere $38bn. For the five years ende...
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