In the mood for sustainable funds?

dc.contributor.authorFernandez-Perez, A.
dc.contributor.authorGarel, A.
dc.contributor.authorIndriawan, I.
dc.date.issued2022
dc.description.abstractWe examine the relationship between investor mood and the demand for sustainable investments, proxied by inflows to sustainable mutual funds. We find that a worse mood is associated with greater inflows to sustainable funds. This finding is consistent with greater risk aversion pushing investors to favor sustainable funds that they perceive as less risky.
dc.description.statementofresponsibilityAdrian Fernandez-Perez, Alexandre Garel, Ivan Indriawan
dc.identifier.citationEconomics Letters, 2022; 217:110691-1-110691-5
dc.identifier.doi10.1016/j.econlet.2022.110691
dc.identifier.issn0165-1765
dc.identifier.issn1873-7374
dc.identifier.orcidIndriawan, I. [0000-0002-6558-5551]
dc.identifier.urihttps://hdl.handle.net/2440/145939
dc.language.isoen
dc.publisherElsevier
dc.rights©2022 Elsevier B.V. All rights reserved.
dc.source.urihttps://doi.org/10.1016/j.econlet.2022.110691
dc.subjectInvestor sentiment; Mutual funds; Fund flows; Sustainable investments; Risk aversion
dc.titleIn the mood for sustainable funds?
dc.typeJournal article
pubs.publication-statusPublished

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