In the mood for sustainable funds?
dc.contributor.author | Fernandez-Perez, A. | |
dc.contributor.author | Garel, A. | |
dc.contributor.author | Indriawan, I. | |
dc.date.issued | 2022 | |
dc.description.abstract | We 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.statementofresponsibility | Adrian Fernandez-Perez, Alexandre Garel, Ivan Indriawan | |
dc.identifier.citation | Economics Letters, 2022; 217:110691-1-110691-5 | |
dc.identifier.doi | 10.1016/j.econlet.2022.110691 | |
dc.identifier.issn | 0165-1765 | |
dc.identifier.issn | 1873-7374 | |
dc.identifier.orcid | Indriawan, I. [0000-0002-6558-5551] | |
dc.identifier.uri | https://hdl.handle.net/2440/145939 | |
dc.language.iso | en | |
dc.publisher | Elsevier | |
dc.rights | ©2022 Elsevier B.V. All rights reserved. | |
dc.source.uri | https://doi.org/10.1016/j.econlet.2022.110691 | |
dc.subject | Investor sentiment; Mutual funds; Fund flows; Sustainable investments; Risk aversion | |
dc.title | In the mood for sustainable funds? | |
dc.type | Journal article | |
pubs.publication-status | Published |