For over XXX years <<refererence release first report> academics and analysts have sought to answer the question: what role does ethics have on investment returns?
It’s a question prefaced with additional questions:
Not only does the subjective nature of these questions add significant complexity but also as we have found through our research the results are heavily influenced by the time period, country and comparison methodology used.
Consequentially we have sought to temper our research by approaching The Foundation’s question from three distinct, yet related angles:
A brief review of each aspect is provided via the links below.
It’s a question prefaced with additional questions:
- What makes a company ethical? (or as it is more commonly framed: what constitutes an ‘unethical’ company?)
- How do you measure ethics?
- To what degree do the ethics of a company influence the investment allocation decision?
- X
Not only does the subjective nature of these questions add significant complexity but also as we have found through our research the results are heavily influenced by the time period, country and comparison methodology used.
Consequentially we have sought to temper our research by approaching The Foundation’s question from three distinct, yet related angles:
- A review of the existing research (excluding research funded by product manufacturers).
- Opportunity cost: understanding how ethical filters affect an investment manager’s ability to generate alpha.
- Administration: the costs and practical considerations associated with implementing, managing and monitoring a specified mandate.
A brief review of each aspect is provided via the links below.