Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/55110Registo completo
| Campo DC | Valor | Idioma |
|---|---|---|
| dc.contributor.author | Leite, Paulo | por |
| dc.contributor.author | Cortez, Maria Céu | por |
| dc.date.accessioned | 2018-06-22T09:51:46Z | - |
| dc.date.issued | 2018 | - |
| dc.date.submitted | 2017 | - |
| dc.identifier.citation | Paulo Leite & Maria Céu Cortez (2018) The performance of European SRI funds investing in bonds and their comparison to conventional funds, Investment Analysts Journal, 47:1, 65-79, DOI: 10.1080/10293523.2017.1414911 | por |
| dc.identifier.issn | 1029-3523 | por |
| dc.identifier.uri | https://hdl.handle.net/1822/55110 | - |
| dc.description.abstract | This paper evaluates the performance of European SRI fixed-income funds domiciled in France and in Germany compared to characteristics-matched conventional funds. Fund performance is evaluated by means of conditional multi-factor models that allow for both time-varying risk and performance. The results show that SRI balanced funds perform similarly to conventional funds, whereas SRI bond funds significantly outperform their peers. The outperformance of SRI bond funds seems more related to their government (and not their corporate) bond holdings. Compared to conventional funds, SRI funds are significantly less exposed to bonds issued by the countries most affected by the Euro sovereign debt crisis, which is consistent with more conservative and long term oriented investment strategies. | por |
| dc.description.sponsorship | We acknowledge the funding of: 1) UNIAG, R&D unit funded by the FCT – Portuguese Foundation for the Development of Science and Technology, Ministry of Science, Technology and Higher Education. Project ‘UID/GES/ 4752/2016’; 2) COMPETE reference n° POCI-01-0145-FEDER-006683, with the FCT/MEC’s (Fundação para a Ciência e a Tecnologia, I.P.) financial support through national funding and by the ERDF through the Operational Programme on ‘Competitiveness and Internationalization – COMPETE 2020 under the PT2020 Partnership Agreement.’ | por |
| dc.language.iso | eng | por |
| dc.publisher | Taylor and Francis | por |
| dc.relation | UID/GES/4752/2016 | por |
| dc.rights | restrictedAccess | por |
| dc.subject | Socially responsible funds | por |
| dc.subject | fixed-income funds | por |
| dc.subject | performance evaluation | por |
| dc.title | The performance of European SRI funds investing in bonds and their comparison to conventional funds | por |
| dc.type | article | por |
| dc.peerreviewed | yes | por |
| dc.relation.publisherversion | https://www.tandfonline.com/doi/abs/10.1080/10293523.2017.1414911 | por |
| oaire.citationStartPage | 65 | por |
| oaire.citationEndPage | 79 | por |
| oaire.citationIssue | 1 | por |
| oaire.citationVolume | 47 | por |
| dc.identifier.eissn | 2077-0227 | por |
| dc.identifier.doi | 10.1080/10293523.2017.1414911 | por |
| dc.description.publicationversion | info:eu-repo/semantics/publishedVersion | por |
| dc.subject.wos | Social Sciences | por |
| sdum.journal | Investment Analysts Journal | por |
| Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica | |
Ficheiros deste registo:
| Ficheiro | Descrição | Tamanho | Formato | |
|---|---|---|---|---|
| Leite and Cortez 2018.pdf Acesso restrito! | 947,65 kB | Adobe PDF | Ver/Abrir |
