The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market

Bibliographic Details
Main Author: Birkelbach, Anna Katharina
Publication Date: 2022
Format: Master thesis
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10362/143225
Summary: This study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.
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network_name_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
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spelling The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund marketFinanceMutual fundsSustainable finance disclosure regulationSustainable investingEsg reportingFund performanceFund flowsSustainability ratingsDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.Prado, MelissaRUNBirkelbach, Anna Katharina2025-05-20T00:30:34Z2022-06-022022-05-202022-06-02T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/143225TID:203050568enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-05-26T01:40:20Zoai:run.unl.pt:10362/143225Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:35:20.667557Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
spellingShingle The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
Birkelbach, Anna Katharina
Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_full The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_fullStr The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_full_unstemmed The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_sort The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
author Birkelbach, Anna Katharina
author_facet Birkelbach, Anna Katharina
author_role author
dc.contributor.none.fl_str_mv Prado, Melissa
RUN
dc.contributor.author.fl_str_mv Birkelbach, Anna Katharina
dc.subject.por.fl_str_mv Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.
publishDate 2022
dc.date.none.fl_str_mv 2022-06-02
2022-05-20
2022-06-02T00:00:00Z
2025-05-20T00:30:34Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/143225
TID:203050568
url http://hdl.handle.net/10362/143225
identifier_str_mv TID:203050568
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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