Author Archives: Karl H Richter

Mega-trending towards zero – what next?

Three long-term economic trends all point towards zero: 1- official interest rates (5,000 years); 2- dividends from stock markets as a proportion of total returns (70 years); and 3- economic growth rates (2,000 years). What are the potential consequences for … Continue reading

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What is a market-rate of return on our data?

To find the answer, we need to go back to the origin of the word “data”. ‘Etymology can give a startling new perspective on many of the phrases we frequently toss around in business’, says Gillian Tett in her FT … Continue reading

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Triple Entry Bookkeeping & Sumptuous Accounting Principles

Introducing “Triple Entry Bookkeeping” – an accounting methodology that incorporates the non-financial #impact of commercial transactions. It is a way to factor in #externalities, positive or negative, within market prices and asset valuations. It sets out rules for #ProgrammableMoney that … Continue reading

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EngagedX – new website 2016

Dear friends and colleagues* We have launched our new website for 2016 …

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Truth or dare – transparency by vanguard social investors reveals risks and returns in a maturing market

A landmark study released today via the Government’s open data portal reveals for the first time historic performance of UK social investment activity. The total financial performance (comparing all capital draw downs with all capital, interest and fee payments) over the … Continue reading

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Coining the terms ‘HEAVYreturns’ and ‘Enumeme’

Money, finance and capital markets are social constructs that have ostensibly evolved for societal purpose. Yet paradoxically finance and enterprises that intentionally target social returns need to be prefixed with the word ‘social’ (sometimes ‘impact’, sometimes ‘social impact’) to make … Continue reading

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‘X’ Capitalism…fixing capitalism with capitalism

Below are the slides of the keynote address that I gave at the 9th Annual Social Responsibility Forum, IE Business School (Madrid, Spain). If the presentation does not load, you can find the original here.

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Social Investing – from Hype to Impact?

Impact investment is blossoming. What started as a fad for idealists is gradually becoming a mainstream concept often discussed by fund management hotshots and company executives. The concept itself is certainly appealing. Investors are realising that they have the possibility … Continue reading

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DATA UNLOCKS CAPITAL – WHY SOCIAL INVESTMENT AND IMPACT INVESTING NEED DATA AND WHY IT IS A PRIORITY

Originally posted on Normative Capital – On Social Investment, Finance for Social Purpose and the Role of the City:
Data unlocks capital. Data sets the risk and return expectations for providers of capital and thus provides the basis on which…

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Words & All: My Live TV Interview on BBC World News

Because one always wants to remember the first time – below is a transcript of my first live TV interview. I was asked to explain social enterprise, social investment and EngagedX in 2 minutes…

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