Does the Pope Buy Amazon Shares?: Vatican Bank Makes Dax Morally Competitive

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The Vatican Bank is launching two new stock indices. They are intended to contain only companies according to the principles of the Church.

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For the first time, the Vatican's former scandal bank publishes stock indices. The moral claim is high, the return is high, too. The stock selection raises questions.

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Istituto per le Opere di Religione worked with Morningstar for these products to serve as a reference for Catholic investors in the world, institutional or private.

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The former scandal bank of the Vatican publishes for the first time stock indices. The moral claim is high, and the return is also high. But: is stock selection good? Stock indices such as the Dax provide orientation for investors. They serve as benchmarks for the development of the stock market and for many investors as a template for their own asset build-up - for example by purchasing funds based on such indices. Stock indices are created by …