Responsible hedge funds
Hedge funds that endorse the United Nations Principles for Responsible Investment (PRI) underperform other hedge funds after adjusting for risk but attract greater investor flows, accumulate more assets, and harvest greater fee revenues. Consistent with an agency explanation, the underperformance is...
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Main Authors: | LIANG, Hao, SUN, Lin, TEO, Song Wee Melvyn |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2022
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7030 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8029/viewcontent/ResponsibleHedgeFunds_pvoa.pdf |
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Institution: | Singapore Management University |
Language: | English |
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