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153****2826 · 2024年10月12日

A B?

NO.PZ2024021801000099

问题如下:

Which of the following investment styles often uses negative screening?

选项:

A.Impact investing

B.Thematic investing

C.Faith-based investing

解释:

A is incorrect because impact investing refers to investments made with the specific intent of generating positive, measurable social and/or environmental impact alongside a financial return. Therefore, impact investing uses the positive screening approach.

B is incorrect because thematic investment refers to selecting companies that fall under a sustainability-related theme, such as clean-tech, sustainable agriculture, healthcare or climate change mitigation. Therefore, thematic investing uses the positive screening approach.

C is correct because faith-based investment refers to investing in line with certain principles, often using negative screening to avoid investing in companies whose products and services are deemed morally objectionable by the investor or certain religions, international declarations, conventions and voluntary agreements.

A B不要负面筛选吗?只有best class investment 才是正面筛选吧?

1 个答案

净净_品职助教 · 2024年10月12日

嗨,从没放弃的小努力你好:


1. Impact Investing(影响力投资)

影响力投资主要关注通过投资产生明确的、可衡量的社会或环境影响,同时获得财务回报。这种投资方法往往以积极的方式寻找那些在社会或环境方面表现出色的企业,因此正面筛选(Positive Screening)更常见,投资者会选择那些符合特定积极影响标准的公司或项目。影响力投资不以排除某些行业或公司的负面行为为主,因此负面筛选不是其主要特征。

2. Thematic Investing(主题投资)

主题投资是根据特定的可持续发展主题(如清洁技术、健康、气候变化缓解等)选择投资标的。这种策略的重点是寻找符合特定主题的企业或行业,因此也是正面筛选较为常见,投资者会寻找那些符合特定主题的公司,比如致力于可持续发展或气候变化解决方案的企业。主题投资的重点是关注那些积极贡献于某一特定领域的公司,因此一般不采用负面筛选

3. Faith-based Investing(信仰投资)

信仰投资基于某种道德或宗教原则,往往通过负面筛选避免投资于那些与信仰或道德标准相违背的行业或公司。这种投资方式会排除例如赌博、烟草、武器等与特定信仰不符的公司。


虽然"Best-in-Class"投资确实是典型的正面筛选方法,但影响力投资主题投资也是正面筛选的应用场景,而信仰投资则主要通过负面筛选

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