• Xinyi Zhang, University of Warwick and CY Cergy Paris University
  Noiseless Momentum (with Roberto Reno & Romeo Tedongap, ESSEC Business School)
• Luca Del Viva, ESADE Business School
  Directional Information in Equity Returns (with Carlo Sala & Andre Souza, ESADE Business School)
• Can Yilanci, University of Mannheim
  Firm Life Cycle and the Cross-section of Stock Returns (with Stefan Klein, Quoniam & Jiri Tresl, University of Mannheim)
• Kevin Schneider, University of Cambridge
  Seasonal Inventory Leverage (with Kevin Aretz & Hening Liu, The University of Manchester)

• Alexey Ivashchenko, VU Amsterdam
  Transaction Costs and Capacity of Systematic Corporate Bond Strategies (with Robert Kosowski, Imperial College Business School)
• Jens Dick-Nielsen, Copenhagen Business School
  Corporate Bond Factors: Replication Failures and a New Framework (with Peter Feldhutter, Lasse Heje Pedersen & Christian Stolborg, Copenhagen Business School)
• Christian Julliard, London School of Economics
  The Corporate Bond Factor Zoo (with Alexander Dickerson, University of New South Wales, Philippe Mueller, University of Warwick)
• Joris Blonk, Robeco
  Valuations in the Dark: When Independent Valuators Influence Corporate Bond Returns (with Thibault Lair, Robeco)

• Di Wu, City University of Hong Kong
  Butterfly Implied Returns
• Mathis Mörke, University of St.Gallen
  Option Factor Momentum (with Niclas Käfer & Tobias Wiest, University of St.Gallen)
• Leander Gayda, University of Muenster
  Retail Traders Love 0DTE Options…But Should They? (with Heiner Beckmeyer & Nicole Branger, University of Muenster
• Manuela Pedio, University of Bristol
  Option-Implied Network Measures of Contagion and Stock Return Predictability

• Alejandro Lopez-Lira, University of Florida
  Can ChatGPT Forecast Stock Price Movements? Return Predictability and Large Language Models(with Yuehua Tang, University of Florida)
• Chi-Hsiou Hung, University of Glasgow
  Visual and Textual Content of Social Media and the Stock Market (with Ruipei Sun, University of Glasgow)
• Hojoon Lee, Boston College
  Narrative Attention Pricing (with Ronnie Sadka, Boston College, Gideon Ozik, EDHEC Business School)
• Teng Andrea Xu, École Polytechnique Fédérale de Lausanne
  Deep Learning from Implied Volatility Surfaces (with Bryan Kelly, Yale University, Boris Kuznetsov, École Polytechnique Fédérale de Lausanne)

• Gustavo Freire, Erasmus University Rotterdam
  Which (Nonlinear) Factor Models? (with Caio Almeida Princeton University)
• Nick Taylor, University of Bristol
  Portfolio Return Prediction and Risk Price Heterogeneity
• Alberto Quaini, Erasmus University
  Tradable Factor Risk Premia and Oracle Tests of Asset Pricing Models (with Fabio Trojani, University of Geneva, Ming Yuan, Columbia University)

• Matej Nevrla, Charles University and The Czech Academy of Sciences
  Asymmetric Risks: Alphas or Betas?
• Evarist Stoja, University of Bristol
  The Taxonomy of Tail Risk
• Dudley Gilder, Cardiff Business School
  Refining Crude Oil Uncertainty Using Corridor Variance Premia (with Leonidas Tsiaras, Aston Business School)
• Christoph Frey, Lancaster University
  Tomorrow Never Dies: The Impact of Measuring Portfolio Risk Ex-ante and Ex-post (with Björn Uhl)

18:15 – 20:15 hrs
20:15 hrs

• Jeong Ho (John) Kim, Florida State University
  Investor Learning and the Aggregate Allocation of Capital to Active Management
• Wei Jiang, Hong Kong University of Science and Technology
  Nonlinear Dependence and Portfolio Decisions over the Life-cycle (with Jialu Shen, University of Missouri, Shize Li, Hong Kong University of Science and Technology)
• David Feldman, UNSW Sydney
  Minimal Dynamic Equilibria (with Dietmar Leisen, University of Mainz)
• Alexandre Corhay, University of Toronto
  Markup Shocks and Asset Prices (with Jincheng Tong, University of Toronto, Jun Li, Warwick University)

• Mads Markvart Kjær, Aarhus University
  Anomaly-driven Demand (with Anders Merrild Posselt, Aarhus University
• Fabio Moneta, University of Ottawa
  On the Anomaly Tilts of Factor Funds (with Markus Broman, Ohio University)
• Christian Heyerdahl-Larsen, BI Norwegian Business School
  Factor and Stock-specific Disagreement and Trading Flows (with Fotis Grigoris, The University of Iowa, Preetesh Kantak, Indiana University)
• Yuekun Liu, Aalto University
  Factor Investing Funds: Replicability of Academic Factors and After-Cost Performance (with Martijn Cremers, University of Notre Dame, Tim Riley, University of Arkansas)

• Jonas Nygaard Eriksen, Aarhus University
  Debtor Carry (with Mads Markvart Kjær, Aarhus University)
• Xiaoxia Ye, University of Exeter
  The Trade Imbalance Network and Currency Returns (with Ai Jun Hou, Stockholm University, Lucio Sarno, University of Cambridge, Xiaoxia Ye, University of Exeter)
• Alfonso Silva, The University of Manchester
  Semi-Parametric Drift Burst Modeling in FX Markets (with Yifan Li & Stuart Hyde, The University of Manchester)
• Aleksey Kolokolov, The University of Manchester
  Criptocrashes

• Remco Zwinkels, VU Amsterdam
  Carbon Beta: A Market-Based Measure of Climate Transition Risk Exposure (with Joop Huij, Erasmus University Rotterdam and Robeco, Dries Laurs, VU Amsterdam and Robeco
• Stephen Szaura, BI Norwegian School of Business
  Blame it on the Weather: Market Implied Weather Volatility and Firm Performance (with Joon Woo Bae, Case Western Reserve University, Yoontae Jeon, McMaster University, Virgilio Zurita, Baylor University)
• Cheng Xue, Queen Mary University of London
  Climate-triggered Institutional Price Pressure: Does it Affect Firms’ Cost of Equity? (with George Skiadopoulos, Queen Mary University of London)     

• Jonas Frey, University of Oxford
  Which Stock Return Predictors Reflect Mispricing?    
• Alejandro Lopez-Lira, University of Florida
  Does Peer-reviewed Theory Help Predict the Cross-section of Stock Returns? (with Andrew Chen, Federal Reserve Board, Tom Zimmermann, University of Cologne)
• Soohun Kim, KAIST
  Segmentation Premia (with Robert Korajczyk, Northwestern University, Andreas Neuhierl, Washington University in St. Louis)

• Rubén Fernández-Fuertes, Bocconi University
  Modelling the Term Structure with Trends in Yields and Cycles in Excess Returns (with Carlo A. Favero, Bocconi University)
• Fulvio Ortu, Bocconi University
  Persistence-based Capital Allocation Along the FOMC Cycle (with Federico Severino, Universitè Laval, Pietro Reggiani, New York Univeristy)
• Katerina Tsakou, Swansea University
  Macroeconomic Cycles and Bond Return Predictability (with Stefano Soccorsi, Lancaster University)

• Xi Dong, City University of New York
  Anomalies Never Disappeared: The Case of Stubborn Retail Investors (with Cathy Yang, City University of New York)

• Adam Farago, University of Gothenburg
  Analysts Are Good at Ranking Stocks (with Ming Zeng & Erik Hjalmarsson, University of Gothenburg)
• Gabriel Cabrera, The University of Manchester
  Strategic Competition Timing of Voluntary Disclosure: Evidence from Analyst/Investor Day

• Jason Cen, University of Exeter
  Benchmarking with Sustainability Mandates (with Linquan Chen & Yao Chen, University of Exeter)
• Raman Uppal, EDHEC Business School
  Evaluating the Impact of Portfolio Mandates (with Jack Favilukis & Lorenzo Garlappi, University of British Columbia)

Best Paper Awards:

• Invesco Factor Investing Prize
• Robeco Sustainable Investing Prize
• Quoniam Innovation in Data-driven Investing Prize

• Federico Baldi Lanfranchi, Swiss Federal Institute of Technology Lausanne and Swiss Finance Institute
  Transaction Cost Aware Factors
• Alexander Dickerson, UNSW Business School
  The Low Frequency Trading Arms Race: Machines Versus Delays (with Yoshio Nozawa, University of Toronto, Cesare Robotti, Warwick Business School)
• Robbert-Jan t Hoen, Robeco
  True Value Investing in Credits through Machine Learning (with Patrick Houweling & Philip Messow, Robeco)
• Victor DeMiguel, London Business School
  Comparing Factor Models with Price-Impact Costs (with Sicong Li, London Business School, Alberto Martin-Utrera, University of Notre Dame)

• Sebastian Weibels, University of Cologne
  Deep Parametric Portfolio Policies (with Frederik Simon & Tom Zimmermann, University of Cologne)
• Mohammad Pourmohammadi, University of Geneva
  Universal Portfolio Shrinkage (with Bryan Kelly, Yale University, Semyon Malamud, École Polytechnique Fédérale de Lausanne, Fabio Trojani, University of Geneva)
• Rasmus Lönn, Erasmus University Rotterdam
  Dynamic Parametric Portfolio Policies (with Bram van Os, Vrije University Amsterdam, Dick van Dijk, Erasmus University Rotterdam)
• Nikolaos Vasilas, Lancaster University and Ultramarin
  Power Sorting (with Anastasios Kagkadis, Liverpool University, Harald Lohre, Robeco, Ingmar Nolte & Sandra Nolte, Lancaster University)

• Seok Young Hong, Nanyang Technological University
  Unified Inference for Long Horizon Predictive Regressions Including Mildly Integrated and Explosive Cases (with Daniel Tsvetanov, University of East Anglia)
• Daniele Bianchi, Queen Mary University of London
  It Takes Two to Tango: Economic Theory and Model Uncertainty for Equity Premium Prediction (with Alexandre Rubesam, IESEG School of Management, Andrea Tamoni, Rutgers Business School)
• Yifan Li, The University of Manchester
  A Linear Weight Estimator for Dynamic Global Minimum Variance Portfolio Allocation (with Ekaterina Kazak, The University of Manchester, Ingmar Nolte & Sandra Nolte, Lancaster University
• Franziska Peter, Zeppelin University
  The Best of Both Worlds? Predicting Realized Volatility Based on Convolutional Neural Nets and Intraday Return Images (with Thomas Heil & Niklas Betz, Zeppelin University)

• Jiaqi Guo, University of Birmingham
  Empirical Decisions and Replicating Anomalies (with George M. Korniotis & Alok Kumar, University of Miami, Peng Li, University of Bath)
• Joren Koëter, Erasmus University
  The Size Premium in a Granular Economy (with Logan Emery, Erasmus University)
• Jens Heckmann, University of Duisburg-Essen
  Synthesizing Information-driven Insider Trade Signals (with Heiko Jacobs & Patrick Schwarz, University of Duisburg-Essen)
• Steffen Windmüller, Technical University of Munich
  Anchoring and Global Underreaction to Firm-Specific News (with Tobias Kalsbach, Technical University of Munich)

• Anastasija Tetereva, Erasmus University Rotterdam
  Advancing Markowitz: Asset Allocation Forest (with Luis Ormonde Bettencourt, Erasmus University Rotterdam, Alla Petukhina, Hochschule fur Technik und Wirtschaft Berlin)
• Junxuan Wang, Univerisity of Cambridge
  Exchange Rate Risk and Foreign Discount in US Dollar Bonds
• Costas Xiouros, BI Norwegian Business School
  Cyclical β (with Paul Ehling, BI Norwegian Business School)

• Robert Korajczyk, Northwestern University
  Intangibles Investment and Asset Quality (with Ravi Jagannathan & Kai Wang, Northwestern University
• Yifan Zhu, BI Norwegian Business School
  Operating Leverage and Asset Pricing Anomalies (with Leonid Kogan, Massachusetts Institute of Technology, Jun Li, University of Texas at Dallas)
• Tobias Hemauer, University of St. Gallen
  Informative Value, Profitability, and Investment Factors (with Manuel Ammann, St. Gallen, Simon Straumann, WHU – Otto Beisheim School of Management)
• Jerry Sun, Invesco
  What Factors Drive Board Gender Diversity Return? (with Chinmoy Ghosh, University of Connecticut, Milena Petrova, Syracuse University, Yihong Xiao Bridgewater State University)