We propose a novel way of measuring the equity portfolio-level environmental and social characteristics of a 13F institution (the “sustainability footprint”) and examine the relation between sustainability footprints and risk-adjusted investment performance. The analysis shows that 13F...

Despite the number of studies showing the potential advantages of responsible investing, and the growing number of international investors interested in this type of assets, at the domestic level it is not clear yet whether Italian investors are ready for this switch. Thanks to the use of a...

The current international economic scenario, long characterized by interest rates close to zero and a higher positive correlation between traditional investment solutions, has persuaded retail and professional investors to rethink their investment strategies and to consider alternative...