On Incentives for Sustainable Investments
There is a trend among institutional investors to split their assets between index-managers and specialists. The specialist mandates are typically delegated to specialist asset managers, who are assumed to generate "alpha", take on large risks and whose remuneration is performance based. In this paper, we will study how the optimal behavior of the specialist manager will depend on the remuneration structure.
|Date of creation:||19 Jan 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Economics of Corporate Sustainability Management, Department of Industrial Economics and Management, Royal Institute of Technology, SE-100 44 Stockholm, SWEDEN|
Phone: 08-790 78 61
Fax: 08-790 76 17
Web page: http://www.sirps.se
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hhb:sicgwp:2010_001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pontus Cerin)
If references are entirely missing, you can add them using this form.