RT Journal Article
SR Electronic
T1 ESG Investing: <em>A Simple Approach</em>
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 73
OP 88
DO 10.3905/jwm.2016.19.2.073
VO 19
IS 2
A1 James Chong
A1 G. Michael Phillips
YR 2016
UL https://pm-research.com/content/19/2/73.abstract
AB Socially conscious individual investors face a host of challenges, not least of which are a stock buy list screened by environmental, social, and governance (ESG) criteria, and investment strategies that are easily implementable. In this study, we addressed these issues by utilizing a publicly available ESG stock list (100 Best Corporate Citizens) with investment strategies involving low-volatility investing, mean-variance optimization, and equally weighted approach, and introducing an innovative method in estimating the return premium due to survivorship bias. Over the period under review, the various strategies and shortlisted ESG stock mutual funds outperformed the S&amp;P 500 index.TOPICS: ESG investing, mutual funds/passive investing/indexing, performance measurement