We construct portfolios with an alternative selection criterion, the Omega function, which can be expressed as the ratio of two partial moments of a portfolio's return distribution. The main purpose of the paper is to investigate the empirical performance of the selected portfolios, especially...

This chapter is an investigation on the determinants of Green Bonds capital returns, with a focus on market and macroeconomic variables. These instruments are showing an exponential growth, as tested by Initiative Climate Bonds. In our study we observe Borsa Italiana market over the period...