Virtual Seminar Series

In partnership with the Richard A. Mayo Center for Asset Management at the University of Virginia Darden School of Business

The Mayo Center for Asset Management at the University of Virginia Darden School of Business and the Financial Management Association International have partnered to develop a virtual academic and practitioner seminar series.

The purpose of the virtual seminar series is two-fold:

  • We believe that academic insights can offer tremendous value and the seminar series will bring top academic research and its relevance to a broader public forum.
  • This virtual seminar series will provide a venue for continued sharing of academic ideas of practical relevance.

Hosted on Zoom, each seminar will consist of 30 minutes of presentation by a speaker followed by 30 minutes of moderated Q&A. 


 

Past Seminars

Friday, 10 December 1:00-2:00 PM ET 

Speakers:
 
Marcin Kacperczyk, Professor of Finance, Imperial College London Business School

Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia University

Topic: 

Carbon Transition Risk 

We'll hear from Marcin Kacperczyk from Imperial College London Business School and Patrick Bolton from Columbia University on their joint research examining how firms and investors are addressing the challenge of climate change. The global drive towards a net zero economy exposes companies to carbon-transition risk, and our speakers will present their findings on how investors around the world are pricing these risks. Additionally, they will discuss the progress corporations have made disclosing carbon emissions, setting targets, and whether or not they have effectively reduced the emission intensity of their activities.   

Moderator: Pedro Matos, John G. Macfarlane Family Chair and Professor of Business Administration, Academic Director of Richard A. Mayo Center for Asset Management, University of Virginia Darden School of Business

There will be a Q&A session following the prepared remarks.

Access Carbon Transition Risk recording + presentation slides.  

Friday, 19 November 1:00-2:00 PM ET

Speaker: Tim Jenkinson, Professor of Finance, Oxford University’s Saïd Business School

Topic: The State and Future of Private Equity

This session features Professor Tim Jenkinson, Professor of Finance at Oxford University’s Saïd Business School, on the state and future of private equity. The private equity and credit asset classes have experienced significant growth recently, and Professor Jenkinson will share research from the Private Equity Research Consortium (PERC); his research utilizes exclusive data from Burgiss, the most in-depth dataset of its kind on venture, buyout, and real estate funds available for academic research. Professor Jenkinson's presentation will be followed by a discussion. 

Moderator: Robert S. Harris, C. Stewart Sheppard Professor of Business Administration, UVA Darden School of Business.

Access The State and Future of Private Equity recording + presentation slides

Friday, 1 October 1:00-2:00 PM ET

Speaker: Alberto Rossi, Provost's Distinguished Associate Professor of Finance, Director of the AI, Technology and Future of Work Initiative, McDonough School of Business, Georgetown University

Topic: Disrupting Personal Finance with Robo Advisors

This session will explore the promises and pitfalls of robo-advising. The FinTech revolution has brought with it many advances in asset management, including the area of dispensing personal financial advice without the interaction of human advisors. Our guest speaker will examine the uptake of this burgeoning tool and assess its impact on financial decision-making by investors – both the good and the bad.

Moderator: Pedro Matos, John G. Macfarlane Family Chair and Professor of Business Administration, Academic Director of Richard A. Mayo Center for Asset Management, University of Virginia Darden School of Business

Access Disrupting Personal Finance with Robo Advisors recordingpresentation slides

Friday, 7 May 1:00-2:00 PM ET

Speaker: Jay Ritter, Joseph B. Cordell Eminent Scholar and Professor of Finance at the University of Florida

Topic: SPACs (Special Purpose Acquisition Companies)

Moderators: 

Susan Chaplinsky, Tipton R. Snavely Professor of Business Administration, University of Virginia Darden School of Business

Pedro Matos, John G. Macfarlane Family Chair and Professor of Business Administration, Academic Director of Richard A. Mayo Center for Asset Management, University of Virginia Darden School of Business

Access SPACs recording

Friday, 16 April 1:00-2:00 PM ET

Speaker: Michael Piwowar, Executive Director, Milken Institute Center for Financial Markets and Former Commissioner (and Acting Chairman) at the U.S. Securities and Exchange Commission

Topic: How the Rise of Retail Trading Impacts Markets and Investors

Moderator: Professor Marc Lipson, Robert F. Vandell Professor of Business Administration, UVA Darden School of Business

Access How the Rise of Retail Trading Impacts Markets and Investors recording 

Friday, 6 November 1:00-2:00 PM ET

Speaker: Alex Edmans, Professor of Finance, London Business School, and author of Grow the Pie: How Great Companies Deliver both Purpose and Profit

Topic: Responsible investing: What Is It, Does It Work, and How To Do It?

Moderator:
 
Pedro Matos, John G Macfarlane Family Chair and Professor of Business Administration, Richard A. Mayo Center for Asset Management Academic Director 

Access Responsible investing: What Is It, Does It Work, and How To Do It? recording + presentation slides

Friday, 3 April 1:00-2:00 PM ET

Speaker: Campbell Harvey, Partner and Senior Advisor, Research Affiliates, Professor of Finance, Fuqua School of Business at Duke University

Topic: The Economic and Financial Implications of COVID-19

Professor Harvey will provide an update and outlook for the global economy and financial markets as the current crisis unfolds. Topics he will discuss include:

  • Potential path for COVID-19
  • How severe is the coming economic contraction?
  • Putting the U.S. fiscal aid package into context
  • The response from monetary policymakers
  • Are financial markets facing a liquidity trap?
  • Where do we go from here?

Moderator: Pedro Matos, John G. Macfarlane Family Chair and Professor of Business Administration, Academic Director of Richard A. Mayo Center for Asset Management

Access The Economic and Financial Implications of COVID-19 recording + presentation slides.
POLITICO interview- "Why This Recession Will Be Different (and How to Keep It Mild)"


Friday, 17 April 1:00-2:00 PM ET


Speaker: Andrew Karolyi, Harold Bierman, Jr. Distinguished Professor of Management, Deputy Dean and Dean of Academic Affairs, SC Johnson College of Business, Cornell University 

Topic
Whither Financial Globalization? Reflections on How COVID-19 Might Shape Global Capital Markets

Andrew Karolyi, the Harold Bierman, Jr. Distinguished Professor at Cornell's S. C. Johnson College of Business and recognized thought leader in the area of financial globalization, will explore where global capital markets might be headed as a result of COVID-19. Based on his prior published papers and also very recent work in progress, he will identify vital questions for future research and provide some insight into what we might expect to see happening as the pandemic recedes.

Moderator: Marc Lipson, Robert F. Vandell Professor of Business Administration at the University of Virginia Darden School of Business

Related paper: Is Financial Globalization in Reverse after the 2008 Global Financial Crisis? Evidence from Corporate Valuations

Friday, 24 April 2020

Speaker: Maureen O’Hara, the Robert W. Purcell Professor of Finance and Professor of Economics at Cornell University

Topic: Exchange-Traded Funds, Innovation, and Informed Trading

Maureen O’Hara, the Robert W. Purcell Professor of Finance and Professor of Economics at Cornell University and recognized thought leader in the areas of market structure, trading and liquidity, will present her paper “Innovation and informed trading: Evidence from industry ETFs” with Shiyang Huang and Zhuo Zhong.  She will also address questions regarding the functioning of ETFs and their underlying liquidity provision mechanism in current markets and identify vital questions for future research on ETFs.

Moderator: Richard Evans, 
Associate Professor of Business Administration, University of Virginia

Access Exchange-Traded Funds, Innovation, and Informed Trading recordingpresentation slides.


Friday, 1 May 2020

Speaker: Lasse Heje Pedersen, Professor of Finance at Copenhagen Business School, Principal at AQR Capital Management, and Research Fellow at the Centre for Economic Policy Research (CEPR)

Topic: The ESG Frontier

Co-moderators: 

Mary Margaret Frank, Samuel A. Lewis Sr. Faculty Fellow and Associate Professor of Business Administration Institute for Business in Society Academic Director

Pedro Matos, John G. Macfarlane Family Chair and Professor of Business Administration, Academic Director of Richard A. Mayo Center for Asset Management

Access The ESG Frontier recordingpresentation slides.
Related paper: Responsible Investing: The ESG-Efficient Frontier


Friday, 8 May 2020

Speaker: Marcos Lopez de Prado, Chief Investment Officer of True Positive Technologies (TPT), Professor of Practice at Cornell University’s School of Engineering

Topic: Lessons Learned Amid The Crisis

Access Three Quant Lessons from COVID-19 recordingpresentation slides.
Related paper: Three Quant Lessons from COVID-19


Friday, 15 May 2020 1:00-2:00 PM ET

Speaker: Kelly Shue, Professor of Finance, Yale School of Management 

Topic: Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets
Access Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets recording + presentation slides
Related paper: Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets