Black As Night I have a love-hate relationship with Black Friday. On one hand, the deals are great and it certainly helps with the Christmas present budget. But on the other hand, Black Friday has also become our unofficial “National Day Of Covetousness” where we bow down to the United States’ favorite idol, the Almighty […]
Probably the biggest criticism of SRI investing is that constructing a portfolio from a restricted universe of opportunities will impose too great a cost on the portfolio’s risk-adjusted returns, relative to their unrestrained counterparts. In other words, when trying to “do good,” there will be too heavy a cost on the portfolio.
When looking at the Inspire Small/Mid Cap Impact Equal Weight Index, early indications show a possible positive risk-adjusted performance benefit when using Inspire’s Impact Scoring methodology to construct their index. From 2012 to 2016, the Inspire index outperformed an equally weighted 50/50 blend of the S&P 400 and S&P 600 by over 4%, on an annualized basis, while maintaining a similar standard deviation.