Recent Advances in Mutual Fund and Hedge Fund Research
August 21-22, 2017, Berlin
Humboldt University, in cooperation with the European School of Management and Technology (ESMT), is proud to host its fourth conference on Recent Advances in Mutual Fund and Hedge Fund Research.
Participation: We invite all interested academics and practitioners to attend the conference. You can register for the conference here. If you have any questions about the conference please contact Guillermo Baquero (baquero@esmt.org) or Tim Adam (tim.adam@hu-berlin.de).
Program
Monday, August 21, 2017, ESMT
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8:45 – 9:00 |
Welcome address
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| Information Flow | |
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9:00 – 10:00 |
Financial Conglomerate Affiliated Hedge Funds: Risk Taking Behavior and Liquidity Transformation Mariassunta Giannetti (Stockholm School of Economics), Francesco Franzoni (USI Lugano and the Swiss Finance Institute) Discussant: Pedro Matos (U. Virginia) |
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10:00 – 11:00 |
Prime (Information) Brokerage Nitish Kumar (U. Florida), Kevin Mullally (U. Alabama), Sugata Ray (U. Florida), Yuehua Tang (U. Florida) Discussant: Francesco Franzoni (USI Lugano and the Swiss Finance Institute) |
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11:00 – 11:30 |
Coffee break
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| Investors Behavior | |
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11:30 – 12:30 |
Do Corruption Perceptions Matter for Investors? Evidence from Hedge Funds George O. Aragon (Arizona State University), Vikram Nanda (University of Texas at Dallas), Haibei Zhao (Lehigh University) Discussant: Richard Evans (U. Virginia) |
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12:30 – 14:00 |
Lunch: ESMT
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| Fund Families | |
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14:00 – 15:00
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Competition and Cooperation in Mutual Fund Families Richard Evans (U. Virginia), Melissa Porras Prado (Nova School of Business and Economics), Rafael Zambrana Galacho (Nova School of Business and Economics) Discussant: Darwin Choi (CUHK The Chinese University of Hong Kong) |
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15:00 – 15:30 |
Coffee break
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| Trading Behavior | |
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15:30 – 16:30 |
Limits of Arbitrage under the Microscope: Evidence from detailed Hedge Fund Transaction Data Bastian von Beschwitz (Federal Reserve), Sandro Lunghi (Inalytics), Daniel Schmidt (HEC) Discussant: Alberto Manconi (U. Bocconi) |
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16:30 – 17:30 |
Dynamic Liquidity Management by Corporate Bond Mutual Funds Hao Jiang (Michigan), Dan Li (Federal Reserve), Ashley Wang (Federal Reserve) Discussant: Christopher Clifford (U. Kentucky) |
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19:30 |
Dinner: TBA |
Tuesday, August 22, 2017, ESMT
| Hedge Fund Activism | |
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9:00 – 10:00 |
Portfolio Size and the Incentives for Shareholder Activism Günter Strobl and Jing Zeng (Frankfurt School of Finance and Management) Discussant: Nick Gantchev (UNC) |
| 10:00 – 11:00 |
The Benefits of Friendship in Hedge Fund Activism Yazhou Ellen Hey and Tao Li (University of Warwick) Discussant: Sergei Sarkissian (McGill University) |
| 11:00 – 11:30 |
Coffee break
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| Managerial Skill/Performance | |
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11:30 – 12:30
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Conditional Benchmarks and the Identification of Skill in Active Management Scott Cederburg (U. Arizona), Michael S. O'Doherty (Missouri), N. E. Savinz (U. Iowa), Ashish Tiwari (U. Iowa) Discussant: Marno Verbeek (Rotterdam School of Management, Erasmus University) |
| 12:30 – 13:30 | Lunch: ESMT |
| 13:30 | Adjourn |
Sponsors
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Rudolf v. Bennigsen-Foerder Stiftung für Wissenschaft und Bildung |
