Pacific Life Insurance’s impact investing platform Swell, which sought to align offerings with the U.N. Sustainability Goals, said this week it would shut the service by August 30 because it didn’t “achieve the necessary scale.” The closure comes amid wider growth in social impact investing, which is estimated to have reached $17 trillion in assets. […]

Know more, do more.

You'll get access to all of our original analysis, exclusive features, and more for just $9.