Or rather: some charts about how this country transformed during her reign. RT EdConwaySky: 🧵Queen Elizabeth II, a life in charts.📈 (define e (apply + (map / (map fact (map sub1 (iota 11)))))) better. Implied impact ( Ï ) is measured as a capital pricing spread or deviation from the expected standard risk-adjusted financial returns based on comparable risk and maturity criteria of mainstream capital markets.įollow the conversation on twitter using the hashtag #impliedimpact Articles written by (reverse (1 (2 3) 4)) > (4 (2 3) 1) (define reverse (lambda (ls) (if (null. It is based upon the premise that all investment activity creates blended value - social and financial - and that the total blended return for any given investment equates to the financial return + social return. Implied Impact ( Ï ) is a term coined by Rupert Evenett and Karl H Richter in 2012 to describe in financial terms the "implied social return" of investments. They remark in jest that some financially focussed investors could be described as “not giving an iota about the societal benefit of their investments”.
The Implied Impact coefficient is sometimes informally referred to as the “God particle of finance” because of its potential ability to account in pricing terms for the manifest social usefulness of financing activities, making a satirical reference to the Higgs boson subatomic particle that is also referred to as the God particle as well as to Lord Turner who, in 2009 as Chairman of the FSA, said that some financial activities were “socially useless” in comments about causes of the financial crisis.Įvenett and Richter, as an aside comment in describing the selection of the Greek letter Iota, observe that it is also often used in English to denote a small quantity of something. Using this principle, the symbol for Implied Impact uses the diaeresis above a single I or i, so that II or ii is abridged to Ï or ï. In Ancient Greek writing the diaeresis diacritic (double dots or trema/ umlaut) is used above a letter to show that a pair of vowel letters is pronounced separately. The initials II or ii are used to denote Implied Impact. Aimed at electronic musicians, sound designers and installation artists, Iota is a Max For Live granular looping instrument that wrings endless creative. It is measured in basis points (bp) as the spread between the standard risk-adjusted financial return and the impact-adjusted financial return (1 Iota = 1 bp of Implied Impact).
Evenett and Richter use the Greek letter “Iota” as the unit for Implied Impact.
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