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小泥儿 · 2023年02月02日

discretionary ESG investment strategies 是什么?

NO.PZ2022120701000076

问题如下:

Which of the following statements best describes discretionary ESG investment strategies?

选项:

A.Discretionary investment strategies impose a custom index with ESG exclusion criteria B.Discretionary investment strategies complement bottom-up financial analysis with consideration of ESG factors C.Discretionary investment strategies are rules-based approaches to drive securities selection in ESG integrated portfolio construction

解释:

Discretionary ESG investment strategies most commonly take the form of a fundamental portfolio approach A portfolio manager would work to complement bottom-up financial analysis alongside the consideration of ESG factors to reinforce the investment thesis of a particular holding

Which of the following statements best describes discretionary ESG investment strategies?


A

Discretionary investment strategies impose a custom index with ESG exclusion criteria

B

Discretionary investment strategies complement bottom-up financial analysis with consideration of ESG factors

C

Discretionary investment strategies are rules-based approaches to drive securities selection in ESG integrated portfolio construction


discretionary ESG investment strategies 是什么?麻烦用中文解释一下,还有这个考点的讲义是否可以截图解释一下呢

另外3个选项为什么不对也请解释一下,谢谢~

1 个答案

净净_品职助教 · 2023年02月03日

嗨,从没放弃的小努力你好:


discretionary ESG investment strategies,可自由支配的ESG投资策略,是基金经理自主判断来确定的投资策略,通常是使用基本面分析。与它相对应的就是量化投资策略(quantitative strategies)。

A选项说的是这个投资策略采用了包含ESG排除标准的定制化指数,这个是错误的。使用指数来进行选股的是被动投资策略,通过跟踪指数来进行组合的构建,discretionary stragety是主动投资策略;

B选项正确,基本面分析本来就是自下而上的分析方法,现在把ESG因素纳入分析过程,使这个方法更加完整;

C选项rule-based是量化策略。

截图为CH8墨迹版讲义P76:

----------------------------------------------
努力的时光都是限量版,加油!

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