Master Thesis Online
ESG Integration and Portfolio Perfomance: Evidence from Technology-focused Investment Strategies
Ahouandjinou, Mahugnon 
Promotor(s) :
Santi, Caterina
Date of defense : 2-Sep-2024/7-Sep-2024 • Permalink : http://hdl.handle.net/2268.2/22211
Details
| Title : | ESG Integration and Portfolio Perfomance: Evidence from Technology-focused Investment Strategies |
| Author : | Ahouandjinou, Mahugnon
|
| Date of defense : | 2-Sep-2024/7-Sep-2024 |
| Advisor(s) : | Santi, Caterina
|
| Committee's member(s) : | Casamatta, Catherine |
| Language : | English |
| Number of pages : | 76 |
| Discipline(s) : | Business & economic sciences > Finance |
| Institution(s) : | Université de Liège, Liège, Belgique |
| Degree: | Master en sciences de gestion, à finalité spécialisée en Banking and Asset Management |
| Faculty: | Master thesis of the HEC-Ecole de gestion de l'Université de Liège |
Abstract
[fr] This work aims to study the effect of ESG integration on portfolio performance in the technology sector.
By using ESG ratings from LSEG Data Analytics and stocks from three broad markets indexes S&P 500, Nikkei 224 and StoXX 600, we constructed three sorted the companies in different portfolios based on their ESG profile for the period from 2006-2022. We found that on the aggregate level, there is no clear evidence of outperformance or underperformance. However, at the regional level, our resultshighlighted that the high-ESG portfolio consistently underperformed both the non-ESG and low-ESG portfolio.
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Document(s)
Mahugnon Ahouandjinou Thesis.pdf
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Format: Adobe PDF
Erratum_Mahugnon Ahouandjinou Thesis.pdf
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