This paper explores a possible way in which strategic asset allocation decision-making processes can suitably exploit Social Impact Investments (SIIs). We focus on the role that SIIs play in the context of variance-minimizing investments. To this aim, we employ an index that tracks companies’ financial performance. A hand-collected sample of Social Impact Firms (SIFs) is the basis of the empirical experiments. Our results point out that, on average, investors should invest a relevant fraction of their wealth in stocks of SIFs.

A Note on the Role of Social Impact Investments in Minimum Variance Portfolios

Biasin, Massimo;Giacomini, Emanuela;Marinelli, Nicoletta;Quaranta, Anna Grazia;Riccetti, Luca
2022-01-01

Abstract

This paper explores a possible way in which strategic asset allocation decision-making processes can suitably exploit Social Impact Investments (SIIs). We focus on the role that SIIs play in the context of variance-minimizing investments. To this aim, we employ an index that tracks companies’ financial performance. A hand-collected sample of Social Impact Firms (SIFs) is the basis of the empirical experiments. Our results point out that, on average, investors should invest a relevant fraction of their wealth in stocks of SIFs.
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https://www.hos.pub/articles/hsustain1010002
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11393/294405
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