The papers in this issue focus on modeling dependence via copulas and on identifying independent risk factors for better portfolio risk attribution. An extension of a classical portfolio selection problem and an approach to compare mutual funds are also...
A fuzzy data envelopment analysis model for evaluating the efficiency of socially responsible and conventional mutual funds
The authors of this paper use data envelopment analysis (DEA) to assess the relative efficiency of a sample of US equity mutual funds.
EU non-financial reporting rules expected to push firms to consider ESG concerns
Operational risks from microlending increasing in developed and developing world
€50m structured note combines green bond with ethical equity index
CQS leads way in pushing for higher standards for hedge fund industry
Mariner adopts UN PRI
GLG’s John White has moved from managing equity hedge funds to work closely with Man chief executive Manny Roman. His existing hedge funds have been handed over to others within GLG to run
Responsible investing challenge
Link-up will allow institutional fixed-income investors to apply ESG investment strategies to their bond portfolios
Investors urged to adopt a financial risk-based approach to environmental, social and governance factors
The financial crisis has led to a greater awareness of the need for a much broader analysis of corporate performance and risk that encompasses environmental, social and governance (ESG) factors, rather than merely focusing on quarterly returns, say market...
Lost in translation
Société Générale's first London-listed note to track SRI companies also benefits charity by giving fees to the Teenage Cancer Trust
Deutsche Bank has taken its Global Fund Supporters ETF to London. The ETF provides exposure to those who support the charitable work of the Global Fund and in turn gives fees to the cause
S&P launches social responsibility index for Middle East and North Africa
MSCI has developed a series of ESG indexes to serve the growing community of principles-based investors
Of all asset classes, fixed income has been one of the slowest to embrace ethical investment. Thanks in part to the growing influence of sovereign wealth funds, this may be set to change. But for many, lingering questions about whether constraining your...
Growing participation in fixed income by pension funds and sovereign wealth funds with ethical mandates is spurring interest in socially responsible credit investment.
Colin Purdie, formerly of Aegon Asset Management, joins Aviva Investors as SRI credit fund manager.
Corporate social responsibility is an oft-bandied term among big business, but frustratingly hard to define. Peter Madigan looks at the risk issues for banks and what risk and compliance executives need to know