It’s not always easy for advisors to determine which impact funds achieve the best social and environmental outcomes while meeting financial expectations—especially since most impact funds are private and have no disclosure obligations.

After two years of research, however, the authors of a new book say they’ve identified a dozen funds that stand out in terms of both their impact on society and their financial performance.

The authors shared their results with an audience of financial professionals at a breakout session at the 25th annual SRI Conference earlier this month in Colorado Springs, Colo. The book, Impact Investor: Lessons in Leadership and Strategy for Collaborative Capitalism, is published by Wiley.

“We assembled a list of about 380 impact investing funds around the globe and then we talked to investors—people like you—who put their money into those funds,” Cathy Clark, director of the CASE Initiative on Impact Investing (CASE i3) at Duke University’s Fuqua School of Business, told the audience.

To read the rest of this post, view it on Private Wealth.