A Note on the Role of Social Impact Investments in Minimum Variance Portfolios

This paper explores a possible way in which strategic asset allocation decision-making processes can suitably exploit Social Impact Investments (SIIs). We focus on the role that SIIs play context of variance-minimizing investments. To this aim, we employ an index tracks companies' financial performance. A hand-collected sample Firms (SIFs) is basis empirical experiments. Our results point out that, average, investors should invest relevant fraction their wealth stocks SIFs.