Gregory, Alan; Whittaker, Julie - In: Journal of Business Finance & Accounting 34 (2007-09) 7-8, pp. 1327-1344
We examine performance, and persistence in the performance, of UK 'ethical' or SRI funds and find that performance appears to be time-varying, showing that conclusions on performance itself are influenced by whether a static or time varying model is employed. Given evidence that many UK funds...