Social investment updates

New Philanthropy Capital has a short article about the Retail Charity Bond concept. This is a bond-issuing platform that potentially enables charities to access the bond market more easily and cheaply. http://www.thinknpc.org/blog/in-theory-the-launch-of-the-retail-charity-bond/.

Meanwhile Action for Children recently launched a Social Impact Bond in Manchester, to fund foster placements for children in residential care. Civil Society Media news item http://www.civilsociety.co.uk/finance/news/content/17619/.