MIV Performance and Prospects : Highlights from the CGAP 2009 MIV Benchmark Survey

Reille, Xavier ; Glisovic-Mezieres, Jasmina ; Berthouzoz, Yannis ; Milverton, Damian

World Bank, Washington, DC

关键词: ACCOUNTING;    ASSET ALLOCATION;    ASSET CLASS;    ASSET MANAGEMENT;    ASSET MANAGERS;   

RP-ID  :  56721

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Consultative Group to Assist thePoorest' (CGAP) 2009 Microfinance Investment Vehicles(MIVs) survey sheds light on the resilience of microfinanceinvestments. MIVs grew by 31 percent in 2008 and postedstrong returns on investments in the face of one of thetoughest financial crises in decades. However, overall MIVperformance may deteriorate in 2009 as the impact of adversemarket conditions, including increased credit risks, hits.The survey, for the first time, also reveals MIVs'efforts to include environment, social, and governance (ESG)considerations in their investment policies, due diligence,and monitoring.