The ecologically enhanced versions of the quantitative strategy were superior to those of the baseline portfolio, although all the active strategies exceeded the benchmark for the time frame tested, even after accounting for transaction costs and incorporating style constraints. It was found...

This study considers the implications of long-run temperature risk in U.S. equity markets. Using raw temperature data, I create a proxy for low frequency temperature shocks and test for the existence of a priced temperature risk factor. I find no evidence supporting the existence of a...