Concept
Fund administration
Publications associées (7)
Swiss Negative Emissions Fund - paying for Net Zero
We propose setting up a public polluter-financed fund to pay for the removal of all Swiss territorial GHG (greenhouse gas) emissions from 2030. The fund will accelerate decarbonization and help reach annual net zero emissions around 2040, and then progress ...
2022Destroying the circular economy in order to save it - three challenges for accurate investment decisions that have emerged in recent years
The circular economy concept, as presented by the Ellen MacArthur Foundation (EMF), together with many other organisations, could be threatened by opportunists and fantasists. In essence, anyone with an aversion to seek to scientifically clarify the presen ...
A World Resources Forum Production, PSI2017Constructed wetland for the treatment of surface waters from combined sewer overflow (CSO) of La Chaux-de-Fonds
The Doubs river is an ecosystem-rich river which is threatened by several anthropic activities. The three dams placed in the river as well as the discharge of pollutants contribute to the degradation of its natural habitats. The city of La Chaux-de-Fonds i ...
2016Capital Supply Uncertainty, Cash Holdings, and Investment
Semyon Malamud, Erwan Morellec, Julien Hugonnier
We develop a model of investment, financing, and cash management decisions in which investment is lumpy and firms face uncertainty regarding their ability to raise funds in the capital markets. We characterize optimal policies explicitly and show that the ...
2013Institutional Investors and Mutual Fund Governance: Evidence from Retail-Institutional Fund Twins
Advisors often manage multiple versions of a fund. These "twins" have the same manager and similar performance but are sold to different investors with differing abilities to select and monitor managers. Comparing investor flows in retail and institutional ...
Oxford University Press2012Mutual fund portfolio choice in the presence of dynamic flows
We analyze the implications of dynamic flows on a mutual fund's portfolio decisions. In our model, myopic investors dynamically allocate capital between a riskless asset and an actively managed fund which charges fraction-of-fund fees. The presence of dyna ...
2010The climate dollar
Philippe Thalmann, Marc Vielle
In this technical report we describe a scenario designed by the "Office fédérale de l’environnement" (Mr Romero), this scenario is detailed in table 1. In this scenario we assume that a carbon tax 1 USD2001 per ton of CO2 (i.e. 3.66 USD per ton of carbon) ...
2007