Millennials are driving the trend in impact investing, research from Barclays reveals. A survey of 2,000 investors found that almost half of young people are backing impact investment funds, up from 30 percent in 2015. Impact funds find firms actively trying to address challenges such as climate change, ageing populations and chronic diseases through their products and services or business practices. Funds are available that tap into mega-trends such as clean energy, sustainable food and low carbon transport and still deliver competitive returns. An example is the Hermes Impact Opportunities Equity fund, launched in December 2017, which has returned 7.7 percent over the last six months. The Barclays survey also indicated that investors under-30 allocate three times as much of their portfolio to impact investments as those aged 60 and over. 

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