A new article, published by Deb Abbey, CEO, Responsible Investment Association (RIA), reviews the findings of OceanRock Investments report: Canadian RI Mutual Funds Risk/Return Characteristics and reports evidence that, “financial performance of RI mutual funds is, in most cases, better than traditional mutual funds…RI is the integration of environmental, social and governance (ESG) issues into the selection and management of investments. RI adherents make the claim that this will lower risk in portfolios…[But] the study’s findings related to risk metrics show that Canadian-based RI equity mutual funds outperformed similar non-RI equity funds on various risk measures 55% of the time, demonstrating the ability for RI mutual funds to reduce risk in investment portfolios.”
Read the full article here.