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Socially Responsible Investment in Japanese Pensions
National Bureau of Economic Research [NBER] 
Nov. 15, 2005
Excerpt: This study evaluates whether SRI indexes would alter portfolio risk and return patterns for the new defined contribution pension plans currently on offer in Japan. We conclude that SRI funds can be included as an option, albeit with some cost; consequently, mandatory investment in SRI portfolios cannot reasonably be justified.
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