Students master finance at 7th Deloitte MMF Synergy Challenge
Students in the 缅北强奸 Desautels Master of Management in Finance (MMF) program showcased their financial prowess at the 7th Deloitte MMF Synergy Challenge on October 30.
For hedge funds, trade volumes have a substantial effect on investment returns
The timing of stock trades can be as important as the choice of equities to buy or sell. When trading volume is low, large purchases can drive up a stock鈥檚 price, raising costs for the trader.
Few university students study finance, but 缅北强奸鈥檚 Personal Finance Essentials course can help
Post-secondary students are at the cusp of earning professional incomes, making it important for them to begin developing good financial habits, says Benjamin Croitoru on a podcast with Moolala. Croitoru is an Associate Professor of Finance and the Academic Director of the 缅北强奸 Personal Finance Essentials, a free, online course offered in collaboration with RBC Future Launch and The Globe and Mail.
Canadian pension funds are already overweight on Canadian equities
Canada鈥檚 eight largest pension funds are big players in the world of institutional investing with more than $1 trillion under management collectively. Pressure is being applied for the funds to invest a greater proportion of their money in Canadian stocks.
Changes in pension funds portfolio management produce different demands for analysts and managers
Historically, pension funds managed their portfolios using a strategic asset allocation approach. Fundamentally, this meant buying a mix of asset classes with the highest probability of achieving the necessary returns, at a level of risk that was acceptable 鈥 or buying and holding. But since the mid-2000s, some large pension funds have adopted a total portfolio approach strategy, which seeks to maximize returns while keeping a portfolio鈥檚 volatility low.
A lack of strategic assets can be a deterrent to domestic investment for large pension funds
In 2023, the Government of Australia suggested that some of the country鈥檚 pension assets might be used to fund social housing or renewable energy. The idea received mixed reception, and to understand why, Lachlan Maddock of Investor Strategy News looked to Canada, where a group of business leaders called for pension funds to increase their holdings of Canadian equities.
Opening infrastructure could encourage Canada鈥檚 pension funds to invest more domestically
The Government of Canada is exploring ways to increase investments in the country鈥檚 pension fund equities, but doing so sacrifices returns, according to The Economist. Over the past decade, Canadian mid and small-cap stocks have returned just 3-4% each year, while U.S. stocks have seen a 13% return annually. Opening infrastructure to investment is another way to encourage pension funds to invest more of their capital domestically.
Reproducibility in Management Science
Authors:聽Milo拧 Fi拧ar, Ben Greiner, Christoph Huber, Elena Katok, Ali I. Ozkes, and the Management Science Reproducibility Collaboration*
Learning from Biodiversity: Is Diversity in Financial Ecosystems Important for Economic Growth and Stability?
Authors:: Vihang R. Errunza, Basma Majerbi and Maxwell Tuuli
Publication:聽IMF Economic Review, Forthcoming
Sebastien Betermier and David Schumacher winners of the Best Paper Using EUROFIDAI Daily Data Award
Sebastien Betermier and David Schumacher (both Associate Professors in Finance) along with their co-author Ali Shahrad (Assistant Professor, University of Saskatchewan) have won the 鈥淏est Paper Using EUROFIDAI Daily Data Award鈥 in 2023 for their research paper titled 鈥淢utual Fund Proliferation and Entry Deterrence鈥, published in the
Pension funds can drive greater returns by participating more directly in value creation
Pension funds manage enormous amounts of capital, but they don鈥檛 create as much value as other players in the financial sector. Entrepreneurs, venture capitalists and private equity funds all play a more direct role in launching projects and creating value.
The Term Structure of Short Selling Costs, Review of Finance
Authors:聽Gregory Weitzner
Ava Labs and CBER Forum launch new blockchain and crypto podcast series
Ava Labs, a software provider for the Avalanche blockchain network, has launched a new podcast series under its Owl Explains initiative. 鈥淐rafting the Crypto Economy鈥 spotlights top researchers from leading academic institutions and features 缅北强奸 Desautels Assistant Professor of Finance Thomas J. Rivera as part of the opening lineup.