Insider Q&A: Serving the neglected for profit, not just good

By STAN CHOE
AP Business Writer

NEW YORK (AP) — A couple decades ago, convincing investors that they could make money by helping underserved communities was a hard sell. Today, sustainable and social-impact investing is such a hot trend on Wall Street that industry veteran Bobby Turner sees the dangers of it becoming too popular. He says all the money pouring into the field is attracting less-experienced managers into the field who lack expertise or rigor. In a recent conversation with The Associated Press, Turner said he still sees the potential for big, steady profits from continuing to serve people who have traditionally been neglected by Wall Street.