Humboldt-Universität zu Berlin - Finance Group

Third Conference

Recent Advances in Mutual Fund and Hedge Fund Research

August 17-18, 2015

 


Humboldt University, in cooperation with the European School of Management and Technology (ESMT), hosts its third conference on recent advances in mutual fund and hedge fund research. The goal of the conference is to bring together leading academics interested in asset management in a network environment, so as to provide a forum of discussion on a wide range of theoretical and empirical issues as well as policy implications relating to mutual funds and hedge funds.
 
 
 
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Conference Program

 

 

Monday, August 17, 2015, ESMT

 

8:15 – 8:30

Welcome address
 


8:30 – 9:30

Fund flows / flow-performance relationship
Performance Measurement with Uncertain Risk Loadings

Francesco Franzoni (Lugano), Martin Schmalz (Michigan)

Discussant: Javier Gil-Bazo (Pompeu Fabra)

9:30 – 10:30

Who are the Smartest Investors in the Room? Evidence from U.S. Hedge Funds Solicitation

Philippe Jorion (UC Irvine), Christopher Schwarz (UC Irvine)

Discussant: Stefan Ruenzi (Mannheim)

10:30 – 11:00

Coffee break
 


11:00 – 12:00

Fund tournaments / risk-taking
Strategic Mutual Fund Tournaments

Joseph Chen (UC Davis), Eric Hughson (Claremont), Neal Stoughton (WU Wien)

Discussant: Francesco Franzoni (Lugano)

12:00 – 13:30

Lunch: ESMT

13:30 – 14:30

Do Shocks to Personal Wealth Affect Risk Taking in Delegated Portfolios?

Veronika Pool (Indiana), Noah Stoffman (Indiana), Scott Yonker (Indiana), Hanjiang Zhang (NTU)

Discussant: Oliver Spalt (Tilburg)

14:30 – 15:00

Coffee break
 


15:00 – 16:00

Macroeconomic implications of mutual funds
Mutual Funding

Javier Gil-Bazo (Pompeu Fabra), Peter Hoffmann (ECB), Sergio Mayordomo (U Navarra)

Discussant: Pedro Matos (UVA)

16:00-17:00

Are Investors for Sale? Evidence from Financial Mergers

Mancy Luo (Tilburg), Alberto Manconi (Tilburg), David Schumacher (McGill)

Discussant: Richard Evans (UVA)

19:00

Dinner: Restaurant Berliner Fernsehturm

 

Tuesday, August 18, 2015, ESMT

 


9:00 – 10:00

Fund performance
Tail risk in hedge funds: A unique view from portfolio holdings

Vikas Agarwal (Georgia State), Stefan Ruenzi (Mannheim), Florian Weigert (St. Gallen)

Discussant:

10:00 – 11:00

Mutual Fund Investment Horizon and Performance

Chunhua Lan (New South Wales), Fabio Moneta (Queen's), Russ Wermers (Maryland)

Discussant: Noah Stoffman (Indiana)
11:00 – 11:30 Coffee break

11:30 – 12:30

What Causes Performance Persistence in Hedge Fund Activism?

Nicole Boyson (Northeastern), Linlin Ma (Northeastern), Robert Mooradian  (Northeastern)

Discussant: Lu Zheng (UC Irvine)

12:30 – 13:30

Lunch: ESMT

13:30

Adjourn
 
 
Registration


If you would like to attend the conference, please e-mail Petra Bulwahn (bulwahn@hu-berlin.de). The registration fees are: 60€ (academics) and 150€ (non-academics). Students of Humboldt University and ESMT and members of SFB-TR15 can participate free of charge. Participation in the conference dinner is by invitation only. The charge for the conference dinner is €100. Registration deadline: July 31, 2015.





Program Comittee
 
  • Tim Adam, Humboldt University (co-chair)
  • Alex Stomper, Humboldt University
  • Roland Strausz, Humboldt University
  • Guillermo Baquero, ESMT (co-chair)
  • Nicole Boyson, Northeastern University, Boston
  • Christopher Clifford, University of Kentucky
  • Richard Evans, University of Virginia, Darden
  • Robert Kosowski, Imperial College London
  • Pedro Matos, University of Virginia, Darden
  • Jeffrey Pontiff, Boston College
  • Veronika Pool, Indiana University Bloomington
  • Clemens Sialm, University of Texas at Austin
  • Russ Wermers, University of Maryland
  • Lu Zheng, University of California-Irvine

 

 

 

Sponsors
 
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Rudolf v. Bennigsen-Foerder                                   Stiftung für Wissenschaft und Bildung