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PRODID:-//AMSE//Event Calendar//FR
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UID:event-10506@www.amse-aixmarseille.fr
DTSTAMP:20260422T175826Z
CREATED:20260422T175826Z
LAST-MODIFIED:20260422T175826Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:finance seminar - Joe Fung
DTSTART:20231010T083000Z
DTEND:20231010T100000Z
DESCRIPTION:The study examines the return performance and resilience to mar
 ket volatility of the recently introduced Environment\, Social/Sustainable\
 , and Governance (ESG) weight-tilted Hang Seng Index (HSIESG) compared to i
 ts parent\, the Hang Seng Index (HSI). The ESG-infused index has a higher m
 ean return and lower return volatility than the parent index\, although the
  differences are statistically and economically insignificant\, a result co
 nsistent with the high correlation between the two index returns. Most impo
 rtant\, the ESG weighted-tilted index is more resilient to volatility spike
 s than the parent index and therefore has lower downside risks. The overall
  results show that stocks with high ESG ratings are less susceptible to tra
 ding pressures triggered by volatility-induced turnovers. The paper contrib
 utes to the literature by providing significant incremental information on 
 the emerging market for ESG-related equity products in Hong Kong. \\n\\nCo
 ntact: Eric Girardin: eric.girardin[at]univ-amu.frGaël Leboeuf: gael.leboe
 uf[at]univ-amu.frChristelle Lecourt: christelle.lecourt[at]univ-amu.fr\n\nP
 lus d'informations: https://www.amse-aixmarseille.fr/en/events/joe-fung-0
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/joe-fung-0
CONTACT:Eric Girardin: eric.girardin[at]univ-amu.frGaël Leboeuf: gael.lebo
 euf[at]univ-amu.frChristelle Lecourt: christelle.lecourt[at]univ-amu.fr
TRANSP:OPAQUE
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