,
By using this website you allow us to place cookies on your computer. Please read our Privacy Policy for more details.
Publication Date: May 2009
Publisher: National Center for Policy Analysis (U.S.)
Author(s): Allison Hughey; Pamela Villarreal
Research Area: Banking and finance
Keywords: funds; S&P 500; investing; pension funds
Type: Brief
Coverage: United States
Abstract:
Socially responsible investing (SRI) is the practice of
choosing stocks, bonds or mutual funds based on political, religious or social values. This investment strategy can be hazardous to an individual's portfolio, and if followed by state and local employee pension funds can adversely affect thousands of people's retirement incomes.