LONDON (Thomson Reuters Foundation) - A new research body launched this week aims to help advance the U.K. social investment market by generating practical information for the benefit of social sector organisations and investors, its organisers said.
The government-backed Social Investment Research Council is formed jointly by the Big Lottery Fund, Big Society Capital, Citi Microfinance, City of London Corporation and the Cabinet Office, who have together contributed a total of £100,000 to the project.
“The council will focus on projects with potential to transform the social investment market, working in partnership to help understand what information is needed and ensure that those needs can be met,” said Nick O’Donohoe, chief executive of UK social investment wholesaler Big Society Capital.
“There is a lack of information in the market about how to deliver the right kind of investment products to attract investors, and the industry must work to commission research to help us meet this challenge.”
The council will research new potential sources of capital for the U.K. social investment market and how to improve the infrastructure to price social investment, in particular better data.
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