Over the long run, sharp traders getting out in front of these forced portfolio changes have poached at least 0.38 percentage point of annual return away from Russell 2000 index funds, estimates a new studyinthe Journal of Empirical Finance.
My company LRN conducted an independent statistical analysis of how things actually work at companies, small and large, derived from a lengthy and rigorous empiricalstudy of observations from 36, 000 employees in 18 countries conducted by the Boston Research Group, The Center for Effective Organizations at University of Southern California and Research Data Technology, Inc.
Although there is still limited empirical evidence on the relative performance of socially responsible investing in comparison to conventional investing, one 2000 study concluded that social mutual funds perform no better or worse than conventional mutual funds.