Climate and Energy Finance Group (CEFGroup) is pleased to announce that its working paper, In Holdings We Trust: Uncovering the ESG Fund Lemons, won the NZX Research Report of the Year at the 2023 Institute of Finance Professionals New Zealand Inc. (INFINZ) Awards.
- Presenting author: Dr Sebastian Gehricke
- Co-authors: Mr Lachie McLean, Professor Ivan Diaz-Rainey, Dr Quyen Nguyen, and Dr Renzhu Zhang
- Link to the working paper: HERE
- 2023 INFINZ event page: HERE
MORE ABOUT THE PAPER
The authors surveyed asset managers of global equity funds available to Australasian investors to understand how they integrate sustainable practices within the investment decision-making process. Then, the authors compared survey responses to portfolio holdings data to evaluate whether fund managers were as environmentally responsible as they claimed to be.
