{"id":91,"date":"2019-05-16T15:40:16","date_gmt":"2019-05-16T15:40:16","guid":{"rendered":"http:\/\/wp.lancs.ac.uk\/mhf2019\/?page_id=91"},"modified":"2019-09-06T07:32:40","modified_gmt":"2019-09-06T07:32:40","slug":"programme","status":"publish","type":"page","link":"http:\/\/wp.lancs.ac.uk\/mhf2019\/","title":{"rendered":"Programme"},"content":{"rendered":"<p><strong>Programme Schedule \u2013 <a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/2019-05-24-MHF2019-Conference-Programme_Final-1.pdf\">Download PDF Conference Programme<\/a><\/strong><\/p>\n<p>Please find the full conference schedule below. Presentations will be 18 minutes followed by 10 minutes discussion. Session chairs and presenters should meet 10 minutes before the start of the session to set up their talks.<\/p>\n<p><span style=\"font-size: 14pt\"><strong>Day One<\/strong><\/span><\/p>\n<hr \/>\n<p><strong>8:30-9:00 Registration\/Coffee &#8211; LT2 &amp; 3 Breakout Area<\/strong><\/p>\n<p><strong>9:00-9:15 Opening Remarks &#8211; LT3 &#8211;\u00a0<\/strong><strong>Mark Shackleton <em>(Lancaster University Management School)<\/em>\u00a0<\/strong><\/p>\n<hr \/>\n<p><b>PLENARY <\/b><\/p>\n<p>9:15 &#8211; 10:15 Keynote Speech<\/p>\n<p><em>Room LT3 &#8211; Chair: Chelsea Yaqiong Yao (Lancaster University Management)\u00a0<\/em><\/p>\n<ul>\n<li>Speaker: <a href=\"http:\/\/www.rotman.utoronto.ca\/FacultyAndResearch\/Faculty\/FacultyBios\/ChristoffersenS.aspx\"><strong>Susan Christoffersen<\/strong> <\/a><em>(University of Toronto)<\/em><\/li>\n<li>Title: <strong><em>The market impacts of passive investing<\/em><\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>10:15-10:30 Refreshment Break<\/strong><\/p>\n<ul>\n<li><strong>Room: LT2 &amp; 3 Breakout Area<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>SESSION 1\u00a0<\/strong><br \/>\n<strong>10:30-12:30 \u00a0Mutual Funds and Market Efficiency<\/strong><\/p>\n<ul>\n<li>Room: LT3<\/li>\n<li>Chair: <em>Spencer Martin (Univeristy of Melbourne)<\/em><\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-057-Mikhail-Simutin.pdf\">Cheaper Is Not Better: On the Superior Performance of High-Fee Mutual Funds<\/a><\/strong><br \/>\n<strong>Terry Zhang (University of British Columbia)<\/strong>, Jinfei Sheng (University of California-Irvine), Mikhail Simutin (University of Toronto)<br \/>\nDiscussant &#8211; Nicholas Hirschey (London Business School)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-059-Yang-Song.pdf\">Flow-induced Trades and Asset Pricing Factors<\/a><\/strong><br \/>\n<strong>Yang Song (University of Washington)<\/strong>, Shiyang Huang &amp; Hong Xiang, (University of Hong Kong)<br \/>\nDiscussant &#8211; Paul Irvine, Texas (Christian University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-085-Markus-Ibert-.pdf\">What Do Mutual Fund Managers Private Portfolios Tell Us About Their Skills?<\/a><\/strong><br \/>\n<strong>Makus Ibert (Federal Reserve System)<\/strong><br \/>\nDiscussant &#8211; Yang Song (University of Washington)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-032-David-Feldman.pdf\">The International Active Fund Management Industry: Concentration Cross Effects<\/a><\/strong><br \/>\n<strong>David Feldman (UNSW Sydney)<\/strong>, Konark Saxena (UNSW Sydney) &amp; Jingrui Xu (Xiamen University)<br \/>\nDiscussant &#8211; Terry Zhang (University of British Columbia)<\/p>\n<hr \/>\n<p><strong>12:30-13:45 Lunch and Poster Session<\/strong><\/p>\n<ul>\n<li><strong>Room: LT2 &amp; 3 Breakout Area<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>SESSION 2<\/strong><br \/>\n<strong>13:45-15:45\u00a0 Factor Investing<\/strong><\/p>\n<ul>\n<li>Room: LT3<\/li>\n<li>Chair: Anastasios Kagkadis <em>(Lancaster University Management)<\/em><\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-040-Soohun-Kimy.pdf\">Arbitrage Portfolois<\/a><\/strong><br \/>\n<strong>Soohun Kim (Scheller College of Business)<\/strong>, Robert A. Korajczykz, (Northwestern Univeristy) &amp; Andreas Neuhierl (University of Notre Dame)<br \/>\nDiscussant &#8211; Zhuo Chen (Tsinghua University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-039-Zhuo-Chen.pdf\">Characteristics-Based Factors<\/a><\/strong><br \/>\n<strong>Zhuo Chen (Tsinghua University)<\/strong>, Bibo Liu (Tsinghua University), Huijun Wang (University of Delaware), Zhengwei Wang &amp; Jianfeng Yu (Tsinghua University)<br \/>\nDiscussant &#8211; Soohun Kim (Georgia Institute of Technology)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-042-Ananthalakshmi-Pallasena-Ranganathan.pdf\">An Integrated Approach to Currency Factor Timing<\/a><\/strong><br \/>\n<strong>Ananthalakshmi Pallasena Ranganathan<\/strong>, Sandra Nolte <strong>(Lancaster University Management School)<\/strong>, Harald Lohre (Invesco Quantitative Strategies) &amp; Houssem Braham (BlackRock)<br \/>\nDiscussant &#8211; Philip Howard (Wake Forest University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-045-Harald-Lohre-1.pdf\">Active factor completion strategies<\/a><\/strong><br \/>\n<strong>Harald Lohre (Invesco Quantitative Strategies)<\/strong>, Hubert Dichtl, Wolfgang Drobetz (University of Hamburg) &amp; Carsten Rother (Invesco Quantitative Strategies &amp; University of Hamburg)<\/p>\n<hr \/>\n<p><strong>15:45-16:00\u00a0 \u2013 Refreshment Break<\/strong><\/p>\n<ul>\n<li><strong>Room: LT2 &amp; 3 Breakout Area<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong><b>PLENARY<\/b><\/strong><\/p>\n<p>14:30 &#8211; 16:00 Keynote Speech<\/p>\n<p><em>Room LT3 &#8211; Chair: George Jiaguo Wang (Lancaster University Management)<\/em><\/p>\n<ul>\n<li>Speaker: <a href=\"https:\/\/www.rhsmith.umd.edu\/directory\/russell-wermers\"><strong>Russell Wermers<\/strong><\/a> <em>(University of Maryland)<\/em><\/li>\n<li>Title: <strong>Do ETFs Increase Liquidity?<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>18:00 Conference Dinner: <a href=\"https:\/\/englishlakes.co.uk\/lancaster-house\/\">Lancaster House Hotel<\/a>, Green Lane, Bailrigg, Lancaster, LA1 4GJ<\/strong><\/p>\n<hr \/>\n<p><span style=\"font-size: 14pt\"><strong>Day Two<\/strong><\/span><\/p>\n<hr \/>\n<p><strong>SESSION 3\u00a0<\/strong><br \/>\n<strong>9:00-10:30 Informed Trading\u00a0<\/strong><\/p>\n<ul>\n<li>Room: LT3<\/li>\n<li>Chair: Vikas Raman<\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-090-Ming-Tsung-Kim-1.pdf\">Trading on Overshooting<\/a><\/strong><br \/>\n<strong>Min Kim (University of Texas at Austin)<\/strong><br \/>\nDiscussant &#8211; Aleksandra Rze\u017anik (WU Vienna University of Economics and Business)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-033-Xi-Dong.pdf\">Fast and slow arbitrage: Smart money, dumb money and mispricing in the frequency domain<\/a><\/strong><br \/>\n<strong>Namho Kang (Bentley University)<\/strong>, Xi Dong (Baruch College, CUNY) &amp; Joel Peress (INSEAD)<br \/>\nDiscussant &#8211; Min Kim (University of Texas at Austin)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-017-Aleksandra-Rze\u017anik-2.pdf\">Informed Trading and Co-Illiquidity<\/a><\/strong><br \/>\n<strong>Aleksandra Rze\u017anik (WU Vienna University of Economics and Business), <\/strong>Soren Hvidkjaer (Copenhagen Business School), Massimo Massa (INSEAD) Discussant &#8211; Namho Kang (Bentley University)<\/p>\n<hr \/>\n<p><strong>10:30 &#8211; 10:45 Refreshment Break<\/strong><\/p>\n<ul>\n<li><strong>Room: LT 2&amp;3 Breakout Area<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>SESSION 4<\/strong><br \/>\n<strong>10:45 &#8211; 12:15 <\/strong><strong>ETF<\/strong><\/p>\n<ul>\n<li>Room: LT3<\/li>\n<li>Chair: Shaun Davies <em>(University of Colorado at Boulder)<\/em><\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-010-Paul-Hanouna.pdf\">Do ETFs Increase the Commonality in Liquidity of Underlying Stocks?<\/a><\/strong><br \/>\n<strong>Vikas Agarwal (Georgia State University)<\/strong>, Paul Hanouna, Rabih Moussawi (Villanova University) &amp; Christof W. Stahe (Investment Company Institute)<br \/>\nDiscussant \u2013 Shaun Davies, (University of Colorado at Boulder)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-022-Egle-Karmaziene.pdf\">Short Selling Equity Exchange Traded Funds and its Effect on Stock Market Liquidity<\/a><\/strong><br \/>\n<strong>Egle Karmaziene (University of Groningen)<\/strong>, Valeri Sokolovski (HEC Montr\u00e9al) Discussant &#8211; Paul Hanouna, (Villanova University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-083-Shaun-William-Davies2.pdf\">Investor Demand for Leverage: Evidence from Closed-End Funds and the Launch of Levered Exchange-Traded Funds<\/a><\/strong><br \/>\n<strong>Shaun Davies<\/strong>, Robert Dam &amp; Katie Moon <strong>(University of Colorado at Boulder)<\/strong><br \/>\nDiscussant &#8211; Egle Karmaziene, (University of Groningen)<\/p>\n<hr \/>\n<p><strong>12:15 &#8211; 13:30 Lunch and Poster Session<\/strong><\/p>\n<ul>\n<li><strong>Room: LT2 &amp; 3 Breakout Area<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong><b>PLENARY<\/b><\/strong><\/p>\n<p>13:30 &#8211; 14:30 Keynote Speech<\/p>\n<p><em>Room LT3 &#8211; <\/em><em>C<\/em>hair: Mark Shackleton <em>(Lancaster University Management)<\/em><\/p>\n<ul>\n<li>Speaker: <a href=\"https:\/\/www.jbs.cam.ac.uk\/faculty-research\/faculty-a-z\/elroy-dimson\/\"><strong>Elroy Dimson<\/strong><\/a> <em>(University of Cambridge) <\/em><\/li>\n<li>Title: <strong>120 years of evidence on investing for the long term<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><strong>14:30 &#8211; 14:45 &#8211; Refreshment Break\u00a0 LT 2&amp;3 Breakout Area<\/strong><\/p>\n<hr \/>\n<p><strong>SESSION 5<\/strong><br \/>\n<strong>14:45 &#8211; 16:45 Responsible Investments<\/strong><\/p>\n<ul>\n<li>Room: LT3<\/li>\n<li>Chair: Chelsea Yaqiong Yao (<em>Lancaster University Management)<\/em><\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-074-Vaska-Atta-Darkua.pdf\">Corporate Ethical Behaviours and Firm Equity Value and Ownership: evidence from the GPFG&#8217;s ethical exclusions<\/a><\/strong><br \/>\n<strong>Vaska Atta-Darkua (University of Cambridge)<\/strong><br \/>\nDiscussant &#8211; Yuxiang Jiang (Southwestern University of Finance and Economics)<\/p>\n<p><strong>In the Eyes of the beholder: Shareholder Connection and ESG Rating Inflation<\/strong><br \/>\n<strong>Jiali Yan,<\/strong> Mark Shackleton <strong>(Lancaster University Management School)<\/strong>, Dragon Yongjun Tang (The University of Hong Kong),\u00a0 &amp; Chelsea Yaqiong Yao (Lancaster University Management School)<br \/>\nDiscussant &#8211; Lucia Spotorno (Bocconi University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-043-Yazhou-Ellen-He.pdf\">Mutual Fund Voting on Environmental and Social Proposals<\/a><\/strong><br \/>\n<strong>Yazhou Ellen He, <\/strong>Bige Kahraman <strong>(Oxford University)<\/strong>, Michelle Lowry (Drexel University)<br \/>\nDiscussant &#8211; Vaska Atta-Darkua (University of Cambridge)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-064-George-Aragon.pdf\">Socially Responsible Investments: Costs and Benefits for University Endowment Funds<\/a><\/strong><br \/>\n<strong>Yuxiang Jiang (Southwestern University of Finance and Economics), <\/strong>George Aragon (Arizona State University), Juha Joenv\u00e4\u00e4r\u00e4 (University of Oulu) &amp; Cristian Ioan Tiu (University at Buffalo)<br \/>\nDiscussant &#8211; Yazhou Ellen He (Oxford University)<\/p>\n<hr \/>\n<p><strong>16:45 &#8211; End of Conference<\/strong><\/p>\n<hr \/>\n<p><span style=\"font-size: 14pt\"><strong>Poster Session &#8211; Monday 3rd June, 12:30 &#8211; 13:45<\/strong><\/span><\/p>\n<ul>\n<li>Room: LT2 &amp; 3 Breakout Area<\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-034-Daniel-Bias.pdf\">Mutual Funds and Derivatives: Evidence from Linked Fund-Trade Data<\/a><\/strong><br \/>\n<strong>Daniel Bias (Technical University of Munich)<\/strong>, Claudia Guaglianob, Martin Haferkornb, (European Securities and Markets Authority), Michael Haimanna &amp; Christoph Kaserer (Technical University of Munich)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-080-Laura-Dona-Capota.pdf\">The impact of return shocks on mutual funds&#8217; flows: an example based on French bond mutual funds<\/a><\/strong><br \/>\n<strong>Laura-Dona Capota,<\/strong> Rapha\u00eblle Bellando &amp; S\u00e9bastien Galanti <strong>(University of Orl\u00e9ans)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-008-Jingzhi-Chen-1.pdf\">Funding Liquidity and Arbitrage Efficacy<\/a><\/strong><br \/>\n<strong>Jingzhi Chen &amp; Yongcheol Shin (University of York)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-097-Thuy-Duong-Dang-1.pdf\">How Do Bond Investors Measure Performance? Evidence from Mutual Flows<\/a><\/strong><br \/>\n<strong>Thuy Duong Dang,<\/strong> Fabian Hollstein &amp; Marcel Prokopczuk <strong>(Leibniz University Hannover)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-035-Ulrich-Hammerich.pdf\">Price, Cultural Dimensions, and the Cross-Section of Expected Stock Returns<\/a><\/strong><br \/>\n<strong>Ulrich Hammerich (University of Bremen)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/09\/MHF-2019-076-Matthias-Hanauer.pdf\">Enhanced Momentum Strategies<\/a><\/strong><br \/>\n<strong>Steffen Windmuller<\/strong> &amp; Matthias Hanauer <strong>(Technical University of Munich)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-075-Nicholas-Hirschey.pdf\">How Well Do Traders Condition on the Uniqueness of Their Signals?<\/a><\/strong><br \/>\n<strong>Nicholas Hirschey (London Business School)<\/strong> &amp; Chishen Wei (Singapore Management School)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-072-Philip-Howard.pdf\">Crowded Trades and Tail Risk<\/a><\/strong><br \/>\n<strong>Philip Howard (Wake Forest University)<\/strong>, Gregory Brown &amp; Christian Lundblad (University of North Carolina)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-006-Jue-Ren.pdf\">The Beta Anomaly and Mutual Fund Performance<\/a><\/strong><br \/>\n<strong>Paul Irvine<\/strong> &amp; Jue Ren <strong>(Texas Christian University)<\/strong> &amp; Jeong Ho Kim (Emory University)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-014-Yijie-Li.pdf\">The Dynamic Impact of Anonymity on Unsophisticated Liquidity under Changing Information Asymmetry<\/a><\/strong><br \/>\n<strong>Yijie Li (Aalto University School of Business)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-001-Ole-Nielsen.pdf\">Mutual Fund Selection for Realistically Short Samples<\/a><\/strong><br \/>\n<strong>Ole Linnemann Nielsen, <\/strong>Charlotte Christiansen &amp; Niels S. Gr\u00f8nborg <strong>(Aarhus University)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-031-Zilong-Niu.pdf\">Underreaction to Macroeconomic News Announcements and the Downward-Sloping Security Market Line<\/a><\/strong><br \/>\n<strong>Zilong Niu (Tilburg University and CentER)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-016-Aleksandra-Rze\u017anik-1.pdf\">Local Economic Conditions and Local Equity Preferences: Evidence from Mutual Funds during the US Housing Boom and Bust<\/a><\/strong><br \/>\n<strong>Aleksandra Rze\u017anik (WU Vienna University of Economics and Business)<\/strong>, Ben Sand (York University) &amp; Chandler Lutz (Copenhagen Business School)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-067-Shiyang-Huang.pdf\">Fragile Factor Premia<\/a><\/strong><br \/>\n<strong>Yang Song (University of Washington)<\/strong>, Shiyang Huang &amp; Hong Xiang (The University of Hong Kong)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-055-Zhongyan-Zhu.pdf\">Willingness to Take Risk and Fund Flow Dynamics<\/a><\/strong><br \/>\n<strong>Zhongyan Zhu (Monash University)<\/strong> &amp; Woon Sau Leung (The University of Edinburgh)<\/p>\n<hr \/>\n<p><span style=\"font-size: 14pt\"><strong>Poster Session &#8211; Tuesday 4th June, 12:15 &#8211; 13.30<\/strong><\/span><\/p>\n<ul>\n<li>Room: LT2 &amp; 3 Breakout Area<\/li>\n<\/ul>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-062-Boris-Fays.pdf\">Gamma Trading Skills in Hedge Funds<\/a><\/strong><br \/>\n<strong>Boris Fays<\/strong>, Georges Hubner &amp; Marie Lambert <strong>(University of Liege)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-023-Ming-Tsung-Lin.pdf\">Does gender diversity impact performance and corporate social responsibility investment decisions in mutual funds?<\/a><\/strong><br \/>\n<strong>Lidan Grossmass (D\u00fcsseldorf Institute of Competition Economics)<\/strong>, Ming-Tsung Lin (De Montfort University) &amp; Ser Huang Poon (University of Manchester)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-069-Jari-Karppinen.pdf\">What do hedge funds say?<\/a><\/strong><br \/>\n<strong>Juha Joenv\u00e4\u00e4r\u00e4<\/strong>, Jari Karppinen <strong>(University of Oulu)<\/strong> &amp; Cristian Tiu (University at Buffalo)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-086-Charikleia-Kaffe.pdf\">Peer Effects in Investment Manager Selection: Evidence from University Endowments<\/a><\/strong><br \/>\n<strong>Charikleia Kaffe (University of Cambridge)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-052-Soohun-Kim.pdf\">Revealed Heuristics: Evidence from Investment Consultants&#8217; Search Behavior<\/a><\/strong><br \/>\n<strong>Soohun Kim,<\/strong> Sudheer Chava &amp; Daniel Weagley <strong>(Georgia Institute of Technology)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/06\/MHF-2019-009-William-Klubinski.pdf\">Hedge Fund Performance Persistence: Do the country of domicile and the investment strategy matter?<\/a><\/strong><br \/>\n<strong>William Klubinski<\/strong> &amp; Thanos Verousis <strong>(University of Essex)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-020-Jonas-Tobias-Schmitz.pdf\">Does Intensified Letter-Communication of Hedge Funds Affect Abnormal Returns?<\/a><\/strong><br \/>\n<strong>Jonas Tobias Schmitz<\/strong> &amp; Andreas Oehler <strong>(University of Bamberg)<\/strong><\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-070-Lucia-Spotorno-1.pdf\">Does organization design affect delegated investment performance?<\/a><\/strong><br \/>\n<strong>Lucia Spotorno (Bocconi University)<\/strong> &amp; Giacomo Nocera (Audencia Business School)<\/p>\n<p><strong><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-029-Denitsa-Stefanova.pdf\">Signaling or Marketing? The Role of Discount Control Mechanisms in Closed-End Funds<\/a><\/strong><br \/>\n<strong>Denitsa Stefanova,<\/strong> Roman Kr\u00e4ussl <strong>(Universit\u00e9 du Luxembourg)<\/strong> &amp; Joshua Pollet (University of Illinois)<\/p>\n<p><a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/files\/2019\/05\/MHF-2019-046-Zhu-Xiaoquan.pdf\"><strong>Investor Sentiment and the Pricing of Macro Risks for Hedge Funds<\/strong><\/a><br \/>\n<strong>Xiaoquan Zhu<\/strong> &amp; Zhuo Chen <strong>(Tsinghua University)<\/strong> &amp; Andrea Lu (University of Melbourne)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Programme Schedule \u2013 Download PDF Conference Programme Please find the full conference schedule below. Presentations will be 18 minutes followed by 10 minutes discussion. Session chairs and presenters should meet 10 minutes before the start of the session to set &hellip; <a href=\"http:\/\/wp.lancs.ac.uk\/mhf2019\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":607,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-91","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/pages\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/users\/607"}],"replies":[{"embeddable":true,"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":68,"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/pages\/91\/revisions"}],"predecessor-version":[{"id":233,"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/pages\/91\/revisions\/233"}],"wp:attachment":[{"href":"http:\/\/wp.lancs.ac.uk\/mhf2019\/wp-json\/wp\/v2\/media?parent=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}