{"id":"W4393004519","doi":"10.1057/s41260-024-00351-6","title":"Do ESG fund managers pump and dump the stocks in their portfolios? European evidence","year":2024,"lang":"en","type":"article","venue":"Journal of Asset Management","topic":"Financial Markets and Investment Strategies","field":"Economics, Econometrics and Finance","cited_by":17,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"National and Kapodistrian University of Athens","keywords":"Portfolio; Hedge fund; Fund of funds; Business; Mutual fund; Equity (law); Institutional investor; Finance; Quarter (Canadian coin); Investment strategy; Closed-end fund; Private equity fund; Asset allocation; Passive management; Sovereign wealth fund; Open-end fund; Investment management; Monetary economics; Economics; Private equity; Corporate governance; Foreign direct investment; Market liquidity","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":false,"about_ca":true,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.004213361,0.0001970696,0.0002796529,0.001735513,0.0002643205,0.002048478,0.000587314,0.001374311,0.003380649],"category_scores_gemma":[0.0227693,0.0001517379,0.000284291,0.00193654,0.000957159,0.001979983,0.001218005,0.0005475732,0.0005340946],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0006445957,"about_ca_system_score_gemma":0.0004147534,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.005127736,"about_ca_topic_score_gemma":0.004030347,"domain_scores_codex":[0.9979989,0.0005128473,0.0002644099,0.0003340622,0.0005389334,0.0003509178],"domain_scores_gemma":[0.9586354,0.01124675,0.0250758,0.001856777,0.00197693,0.001208285],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.0005604292,0.00006245749,0.9531865,0.0001319979,0.000244881,0.0003563208,0.001101974,0.0003247327,0.0003783025,0.002820811,0.002595623,0.03823612],"study_design_scores_gemma":[0.00002354596,0.0001214083,0.9868953,0.0002138547,0.0001237179,0.0002469388,0.00161196,0.000577811,0.0006660456,0.0006109679,0.008887878,0.00002059232],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9875848,0.003305689,0.0002204092,0.002387249,0.00001962102,0.000006844756,0.0005300246,0.000009407601,0.005935937],"genre_scores_gemma":[0.9979176,0.0009814674,0.00006791053,0.0003276132,0.00003743704,0.000002525416,0.0002369056,0.000002900992,0.0004256384],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.005127736,"threshold_uncertainty_score":0.02228266,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.06199182616450259,"score_gpt":0.253366650337547,"score_spread":0.1913748241730444,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}