A number of fund groups have joined forces to work with street newspaper The Big Issue to launch a mobile-first investment platform designed to bring social and environment impact funds directly to a retail audience.
'The Big Exchange' venture is being led by Aberdeen Standard Investments, joined by Columbia Threadneedle, Alliance Bernstein and Alquity as founders, who will also offer their impact funds on the platform. It has already received offers of support from major institutions for at least £1m in funding and phase one will begin with 'The Impact Platform' (called The Big Funds), which will make financial services available to the public through a mobile-first interface. The overall objective is a complete blockchain-based ecosystem that works for everyone. Peter Schwabach: Has blockchai...
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