Authors
Noel Amenc and Veronique Le Sourd
France is home to one of the biggest SRI in continental Europe. SRI funds are of great interest to institutional investors in a country where capitalism is not always regarded with esteem and there are no pension funds. The study covers 2002-07 and focuses on funds invested in assets from France, the Eurozone and Europe. EDHEC results showed that SRI fund performance in France is accounted for by style biases and market cycles.