Faculty member of the management department, School of Economics and Management, University of Minho.
Member of NIPE research unit.
Currently director of the undergraduate programme in International Business and member of the scientific board of the PhD programme in Business Administration.
Fund Performance Evaluation
Socially Responsible Investments
Bond Markets.
Selected publications
Pereira, P., Cortez, M. C., & Silva, F. (2019). Socially responsible investing and the performance of Eurozone corporate bond portfolios. Corporate Social Responsibility and Environmental Management, 26, 1407–1422. DOI
Leite, C., Cortez, M. C., Silva, F., & Adcock, C. (2018). The performance of socially responsible equity mutual funds: Evidence from Sweden. Business Ethics, 27(2), 108–126. DOI
Silva, F., & Cortez, M. C. (2016). The performance of US and European green funds in different market conditions. Journal of Cleaner Production, 135, 558–566. DOI
Adcock, C. J., Cortez, M. C., Armada, M. J. R., & Silva, F. (2012). Time varying betas and the unconditional distribution of asset returns. Quantitative Finance, 12(6), 951–967. DOI
Cortez, M. C., Silva, F., & Areal, N. M. P. C. (2009). The performance of european socially responsible funds. Journal of Business Ethics, 87(4), 573–588. DOI
Other publications
Abadi, R., & Silva, F. Common Risk Factors in Stock Returns in the MENA Region. Asian Journal of Business and Accounting. DOI
Abadi, R., & Silva, F. (2019). Do Fundamental Portfolios Outperform in the MENA Equity Markets? International Journal of Islamic and Middle Eastern Finance and Management, 12(2), 265–281. DOI
Pereira, P., Cortez, M. C., & Silva, F. (2019). Socially responsible investing and the performance of Eurozone corporate bond portfolios. Corporate Social Responsibility and Environmental Management, 26, 1407–1422. DOI
Leite, C., Cortez, M. C., Silva, F., & Adcock, C. (2018). The performance of socially responsible equity mutual funds: Evidence from Sweden. Business Ethics, 27(2), 108–126. DOI
Oliveira, I., Silva, F., & Martins, F. (2016). A relação (não) condicional dos fatores de risco mercado, dimensão e valor: evidência em cinco países da Europa. Revista De Gestão, Finanças e Contabilidade, 6(3), 177–195. DOI
Silva, F., & Cortez, M. C. (2016). The performance of US and European green funds in different market conditions. Journal of Cleaner Production, 135, 558–566. DOI
Areal, N., Cortez, M. C., & Silva, F. (2013). The conditional performance of US mutual funds over different market regimes: Do different types of ethical screens matter? Financial Markets and Portfolio Management, 27(4), 397–429. DOI
Adcock, C. J., Cortez, M. C., Armada, M. J. R., & Silva, F. (2012). Time varying betas and the unconditional distribution of asset returns. Quantitative Finance, 12(6), 951–967. DOI
Adcock, C., Areal, N., Armada, M., Cortez, M. C., Oliveira, B., & Silva, F. (2012). Tests of the Correlation between Portfolio Performance Measures. Journal of Financial Transformation, 35, 123–132. DOI
Cortez, M. C., Silva, F., & Areal, N. M. P. C. (2012). Socially responsible investing in the global market: The performance of US and European funds. International Journal of Finance and Economics, 17(3), 254–271. DOI
Cortez, M. C., Silva, F., & Areal, N. M. P. C. (2009). The performance of european socially responsible funds. Journal of Business Ethics, 87(4), 573–588. DOI
Silva, F., Cortez, M. C., & Armada, M. J. R. (2005). The persistence of European bond fund performance: Does conditioning information matter? International Journal of Business, 4(10), 341–361. DOI
Silva, F., Cortez, M. C., & Armada, M. R. (2004). Bond return predictability: The European market. International Journal of Finance, 16(3), 3083–3114. DOI
Silva, F., Cortez, M. C., & Armada, M. R. (2003). Conditioning information and European bond fund performance. European Financial Management, 9(2), 201–230. DOI
Cortez, M. C., & Silva, F. (2002). Conditioning information on portfolio performance evaluation: a reexamination of performance persistence in the portuguese mutual fund market. Finance India, 16(4), 1393–1408. DOI
Financial Analysis and Planning
Bachelor
Complements of Investments
Master's
International Finance
Master's
Financial Management
Bachelor
International Financial Management
Bachelor
Research Methodology and Transferable Skills
Master's
Principles of Finance
Master's
Multidisciplinary Project in International Business
Bachelor
Advanced Topics in Finance
Doctorate
