开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

qiaowei · 2023年11月20日

A选项为什么不对

  1. ESG
  2. Investment mandates, portfolio analytics and client reporting

NO.PZ2022120703000096

问题如下：

According to CFA Institute, ESG integration:

选项：

A.uses rights and position of ownership to influence issuers’ activities. B.excludes issuers from the investment product based on certain ESG-related activities. C.explicitly considers ESG-related factors that are material to the investment risk and return.

解释：

C is correct because according to the CFA Institute Proposed ESG Product Features, “ESG integration” is described as a feature function that “explicitly considers ESG-related factors that are material to the risk and return of the investment, alongside traditional financial factors, when making investment decisions."

A is incorrect because according to the CFA Institute Proposed ESG Product Features, “Proxy voting, engagement and stewardship”, not ESG integration, is described as a feature function that “uses rights and position of ownership to influence issuers’ or companies’ activities or behaviours."

B is incorrect because according to the CFA Institute Proposed ESG Product Features, “ESG-related exclusions”, not ESG integration, is described as a feature function that “excludes securities, issuers or companies from the investment product based on certain ESG-related activities, business practices or business segments."

A选项为什么不对

添加评论
2 个答案

Tina_品职助教 · 2023年12月07日

嗨，爱思考的PZer你好：


同学看下第七章的框架，ESG intergration主要是指投资的前期研究，中间的估值等投资分析、以及最后做出投资决策的各个关节考虑ESG因素。所以C是更准确。A是尽责管理的内容。

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

Tina_品职助教 · 2023年11月21日

嗨，爱思考的PZer你好：


在金融投资领域，ESG（环境、社会和公司治理）整合是指在投资决策过程中显式考虑与ESG相关的因素，这些因素被认为对投资的风险和回报具有实质性影响。这是与传统的财务分析并行的一个额外维度。

A选项描述的是利用所有权的权利和位置来影响发行人的活动，这实际上是指的代理投票、参与和管理（proxy voting, engagement, and stewardship），而不是ESG整合。代理投票等行为涉及到使用投资者的所有权利来与公司进行互动，以影响公司的行为或政策，特别是在公司治理方面。这是行使股东权利的一种方式，与ESG整合不同，后者更注重投资分析本身。

ESG整合是作为投资分析的一部分，而代理投票和参与管理则属于股东行动的一部分。

----------------------------------------------
加油吧，让我们一起遇见更好的自己！

小脖溜想要蓝霸霸 · 2023年12月07日

manager 不是也要engagement吗？ESGIntegration到底包含了哪些呀，越拉越晕了

  • 2

    回答

  • 2

    关注

  • 414

    浏览
相关问题

NO.PZ2022120703000096 问题如下 Accorng to CFA Institute, ESG integration: A.uses rights anposition of ownership to influenissuers’ activities. B.exclus issuers from the investment probaseon certain ESG-relateactivities. C.explicitly consirs ESG-relatefactors thare materito the investment risk anreturn. C is correbecause accorng to the CFA Institute ProposeESG ProFeatures, “ESG integration” is scribea feature function th“explicitly consirs ESG-relatefactors thare materito the risk anreturn of the investment, alongsi trationfinancifactors, when making investment cisions.\"A is incorrebecause accorng to the CFA Institute ProposeESG ProFeatures, “Proxy voting, engagement anstewarhip”, not ESG integration, is scribea feature function th“uses rights anposition of ownership to influenissuers’ or companies’ activities or behaviours.\"B is incorrebecause accorng to the CFA Institute ProposeESG ProFeatures, “ESG-relateexclusions”, not ESG integration, is scribea feature function th“exclus securities, issuers or companies from the investment probaseon certain ESG-relateactivities, business practices or business segments.\" 这道题中说ESG integration，A的意思是整合ESG要做Engagement，也没有错吧？C我觉得“consir ESG relatefactors are material”不代表所有的ESG factors都是重大的，所以不准确。因为我认为这题问的是广义的“ESG integration”而不是狭义的具体的策略之一“ESG integration ”，实际考试碰到这种情况该怎么选择？

2023-08-31 15:32 2 · 回答

NO.PZ2022120703000096 问题如下 Accorng to CFA Institute, ESG integration: A.uses rights anposition of ownership to influenissuers’ activities. B.exclus issuers from the investment probaseon certain ESG-relateactivities. C.explicitly consirs ESG-relatefactors thare materito the investment risk anreturn. C is correbecause accorng to the CFA Institute ProposeESG ProFeatures, “ESG integration” is scribea feature function th“explicitly consirs ESG-relatefactors thare materito the risk anreturn of the investment, alongsi trationfinancifactors, when making investment cisions.\"A is incorrebecause accorng to the CFA Institute ProposeESG ProFeatures, “Proxy voting, engagement anstewarhip”, not ESG integration, is scribea feature function th“uses rights anposition of ownership to influenissuers’ or companies’ activities or behaviours.\"B is incorrebecause accorng to the CFA Institute ProposeESG ProFeatures, “ESG-relateexclusions”, not ESG integration, is scribea feature function th“exclus securities, issuers or companies from the investment probaseon certain ESG-relateactivities, business practices or business segments.\" CFA 协会对ESG integration的看法，在课本的哪一页？

2023-02-28 21:16 1 · 回答