Meet the most improbable new entrant to the financial services arena this year: Oxfam.
As one of the world’s leading anti-poverty charities, Oxfam has spent much of its illustrious campaigning history trying to defend the poor from the worst excesses of big corporates. But for its latest venture, it’s actually working in tandem with the private sector: it has teamed up with fund manager Symbiotics to launch the Small Enterprise Impact Investment Fund, which will support financial intermediaries in developing countries.
