Performance measurement of ESG-themed megatrend investments in global equity markets using pure factor portfolios methodology.

ABSTRACT: ESG factors are becoming mainstream in portfolio investment strategies, attracting increasing fund inflows from investors who are aligning their investment values to Sustainable Development Goals (SDG) declared by the United Nations Principles for Responsible Investments. Do investors sacrifice return for pursuing ESG-aligned megatrend goals? The study analyses the risk-adjusted financial performance of ESG-themed megatrend investment strategies in global equity markets. The analysis covers nine themes for the period 2015-2019: environmental megatrends covering energy efficiency, food security, and water scarcity; social megatrends covering ageing, millennials, and urbanisation; governance megatrends covered by cybersecurity, disruptive technologies, and robotics. We construct megatrend fa

SUBMITTER: Naffa H 

PROVIDER: S-EPMC7755284 | biostudies-literature | 2020

REPOSITORIES: biostudies-literature