Is impact investing becoming too fashionable for its own good?

Those pushing impact investing need to address at least three key questions if it is to grow its relevance and fulfil its supposedly transformative potential. In the first of a three-part series, Gorgi Krlev, whose research at the University of Heidelberg’s Centre for Social Investment focuses on social enterprise, innovation and impact, asks: is the current swell of mainstream interest in impact investing helpful or harmful?