Socially responsible mutual funds - a profitable way of investing
Socially responsible mutual funds - a profitable way of investing
Author(s): Indre Slapikaite, Rima TamošiūnienėSubject(s): Supranational / Global Economy, Business Economy / Management, Financial Markets
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: socially responsible investing; socially responsible mutual funds; ESG criteria; benchmarks; socially responsible mutual fund market;
Summary/Abstract: In the presented paper there is analyzed the idea, essence and strategies of socially responsible investing, there is also made a review of socially responsible mutual fund market worldwide and in the Baltic, and made a research on the relation between financial and social performance of mutual funds. Finally, there are presented results of a comparative analysis of S&P 500 TR and Index Morning star Moderate Target Risk to their benchmarks. The presented results show the trends of socially responsible market and the effectiveness of socially responsible mutual funds comparing to their benchmarks. The specifics of socially responsible mutual market in the Baltic and research of the link between financial and social performances of mutual funds may lead to the further scientific researches.
Journal: Analele Ştiinţifice ale Universităţii »Alexandru Ioan Cuza« din Iaşi. Ştiinţe economice
- Issue Year: 60/2013
- Issue No: 1
- Page Range: 199-212
- Page Count: 14
- Language: English