2020 Consortium on Asset Management

24 February 2020
Clare College, University of Cambridge
Cambridge, United Kingdom

Supported by Cambridge Judge Business School's Centre for Endowment Asset Management (CEAM) and FMA, the Consortium is designed for European finance faculty who are currently working on research in asset management and related topics. Priority will be given to researchers who have received their doctorates within the last five years.

The consortium will be focused, with 5-6 high quality papers, discussants, and a limited number of other researchers. Distinguished members of the finance profession, and practitioners will provide feedback to presenters and discuss issues in asset management as well as aspects of academic publishing and career development.

The theme for this year’s workshop will be Asset Management. We particularly encourage papers within this theme that focus on: investing over the long-term; index investing; responsible investing; fund governance; factor investing; disruptive trends/technologies and how they’re influencing investors; and machine learning applications to asset management.

To register click here

 

Accepted Papers

Presenting author in bold

The Rate of Return on Real Estate: Long-Run Micro-Level Evidence

David Chambers, University of Cambridge
Christophe Spaenjers, HEC Paris
Eva Steiner, Cornell University

Integrating time series and cross-sectional signals for optimal commodity portfolios

Regina Hammerschmid, University of Zurich Swiss Finance Institute
Harald Lohre, Invesco EMP, Lancaster University Management School

The Role of the Leverage Effect in the Price Discovery Process of Credit Markets Paul Zimmermann, IESEG School of Management
Don't Take Their Word For It: The Misclassification of Bond Mutual Funds

Huaizhi Chen, University of Notre Dame
Lauren Cohen, Harvard Business School and NBER
Umit G. Gurun, University of Texas at Dallas and NBER

ESG Preference and Market Efficiency: Evidence from Mispricing and Institutional Trading Jie (Jay) Cao, The Chinese University of Hong Kong 

Sheridan Titman, The University of Texas at Austin
Xintong (Eunice) Zhan, The Chinese University of Hong Kong
Weiming (Elaine) Zhang, The Chinese University of Hong Kong

ES Risks and Shareholder Voice

Yazhou Ellen He, University of Oxford
Bige Kahraman, University of Oxford and CEPR
Michelle Lowry, Drexel University

 

Keynote Presentation

The 2020 Consortium Keynote Presentation will be given by Nick Bollen, Frank K. Houston Professor of Finance, and Faculty Director, Vanderbilt University.

Consortium Co-Chairs

  • David Chambers, Reader in Finance, University of Cambridge and Academic Director, Centre for Endowment Asset Management (CEAM)
  • Mark Hutchinson, Professor and Chair of Finance, University College Cork
  • Mark Mulcahy, Senior Lecturer, University College Cork
  • Pedro Saffi, Reader in Financial Economics, University of Cambridge

Consortium Goals

  • Present high quality new and unpublished research
  • Bring together younger scholars working in asset management and related topics and help them benefit from engaging with each other and gaining exposure to more senior faculty

Program Participation Applications and Selection Process

Click here to view the Call for PapersApplications to present current research will be selected on a competitive basis, with priority given to European finance faculty who have been awarded their doctorate within the last five years. Criteria will include the nature of the research problem, implications of the proposed research, the quality of the research design, and the expected contribution of the research to the literature.

The paper submission fee is $25 USD for members and $35 USD for non-members. We are no longer accepting paper submissions.


Program Committee Member Application. We are no longer accepting Program Committee applications.

Accepted presenters will be exempted from paying the registration fee and will be invited to a conference networking dinner. One night’s accommodation will be covered for presenters.

Best Paper Prize

The authors of the best paper prize will be invited to present their paper in special sessions at the 2020 FMA European Conference in Limassol, Cyprus, 10 - 12 June 2020.

Formal Participant Letters & Invitations

For participants seeking a formal invitation from FMA for either institution support or visa requirements, please contact Dawn Appleby at +1.813.974.2084 or [email protected]. Participants must be registered for the conference in order to receive a requested letter. 

Accommodation

Local accommodation can be booked at the West Court - Jesus College Hotel.

Thank You Sponsors

  

  

 

 

 

Thank you Program Committee

  • Sohnke Bartram, University of Warwick
  • Jesse Blocher, Vanderbilt University
  • Jonathan A Brogaard, University of Utah
  • Yong Chen, Texas A&M University
  • Si Cheng, Chinese University of Hong Kong
  • Darwin Choi, Chinese University of Hong Kong
  • Liya Chu, East China University of Science and Technology
  • Mathijs Cosemans, Erasmus University Rotterdam
  • Gregory Eaton, Oklahoma State University
  • Guanhao Feng, City University of Hong Kong
  • Antonio Gargano, University of Melbourne
  • Egemen Gencb, University of Illinois at Chicago
  • Nataliya Gerasimova, NHH Norwegian School of Economics
  • William Gerken, University of Kentucky
  • Amit Goyal, University of Lausanne
  • Moqi Xu, London School of Economics
  • Ellen He, University of Manchester
  • Huichou Huang, City University of Hong Kong
  • Can Inci, Bryant University
  • Russell Jame, University of Kentucky
  • Petri Jylha, Aalto University
  • Arati Kale, University of Texas Arlington
  • Oguzhan Karakas, Cambridge Judge Business School
  • Thomas Keusch, INSEAD
  • Marie Lambert, University of Liege, HEC Liege
  • Adam Lei, Midwestern State University
  • Matthijs Lof, Aalto University
  • Christian Lundblad, University of North Carolina, Chapel Hill
  • Andrew Lynch, University of Mississippi
  • Cesario Mateus, Aalborg University
  • Irina Mateus, Aalborg University
  • Pedro Matos, University of Virginia
  • M. Imtiaz Mazumder, St Ambrose University
  • Grzegorz Michalski, Wroclaw University of Economics
  • Amit Mittal, Indian Institute of Management Lucknow
  • Kevin Mullally, University of Central Florida
  • Duc Duy Nguyen, King's Business School - King's College London
  • Gilbert Park, Hong Kong Polytechnic University
  • David Rakowski, University of Texas Arlington
  • Adam Reed, UNC Chapel Hill
  • Julia Reynolds, Universita Della Svizzera Italiana
  • Russell Rhoads, Loyola University-Chicago / TABB Group
  • Stefan Ruenzi, University of Mannheim
  • Sakya Sarkar, Indiana University Bloomington
  • Daniel Schmidt, HEC School of Management
  • Jan Schnitzler, VU University Amsterdam
  • Thomas Shohfi, Rensselaer Polytechnic Institute
  • Denitsa Stefanova, University of Luxembourg
  • Jason Sturgess, Queen Mary University of London
  • Hui-Ju Tsai, Washington College
  • Sunil Wahal, Arizona State University
  • Ying Wang, University at Albany - SUNY
  • Ching-Chang Wang, Southern Taiwan University of Science and Technology
  • Florian Weigert, University of St Gallen
  • Gulnara Zaynutdinova, West Virginia University
  • Yeqin Zeng, Associate Professor in Economics and Finance, Durham University Business School
  • Ran Zhang, Shanghai Jiao Tong University

Past Consortium Programs

  • View the program from the 2019 Consortium on Factor Investing
  • View the program from the 2018 Consortium on Trading Strategies and Institutional Investing
  • View the program from the 2017 Consortium on Institutional Investing and Hedge Funds
  • View the program from the 2015 Consortium on Activist Investors, Corporate Governance and Hedge Funds
  • View the program from the 2014 Consortium on Research in Hedge Funds, Trading Strategies & Related Topics

#FMAConsortium2020 - Follow the Conversation

During the conference, use the hashtag #FMAConsortium2020 to follow the conversation on Twitter (@finmgmtassoc) and Facebook (www.facebook.com/FMA.org).