The financial risk and performance of Swedish SRI funds

This study addresses the existing issue of SRI fund categorization in previous research by establishing a framework of how to classify SRI funds. Through this framework, the SRI fund performance analysis becomes more accurate by evaluating the effects of different SRI strategies. In contrast to previo...

Descripción completa

Detalles Bibliográficos
Autor principal: Hallquist, Lukas
Formato: Second cycle, A2E
Lenguaje:Inglés
Inglés
Publicado: 2018
Materias:
Acceso en línea:https://stud.epsilon.slu.se/13593/
Descripción
Sumario:This study addresses the existing issue of SRI fund categorization in previous research by establishing a framework of how to classify SRI funds. Through this framework, the SRI fund performance analysis becomes more accurate by evaluating the effects of different SRI strategies. In contrast to previous research, this study finds that SRI funds behave differently from conventional funds in terms of risk and return. The evidence suggests SRI funds that excludes sin industries from their investment portfolios have higher risk-adjusted returns than conventional funds.