MacFox

Are 'Socially Responsible Investing' Funds Worthwhile?

AS a 'mature' MBA graduate who undertook his dissertation on the adoption of SRI within the asset management industry, Michael appears to be simply trotting out the 'standard' argument/analysis from those who do not support the philosophy of SRI. Find any financial/return data to support your postion and present it as a 'fait accompli' of the evidence that adopting a SRI approach reduces potential returns. In the meantime, as Danno states, ignore all other evidence that supports the positive side of SRI.

In the quantative analysis I carried out of academic studies into positive/negative returns through the adoption of SRI, the starting point, i.e., whether or not the researchers were in favour or not of SRI, often determined the outcome (though not always). In other words if the researcher felt strongly about SRI, they found a strong correlation between the 'enhanced' returns and the adoption of SRI by asset management groups.