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CEFGroup Working Paper Won 2023 INFINZ NZX Research Report of the Year

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.


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.

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