{"id":21,"date":"2025-06-16T13:09:11","date_gmt":"2025-06-16T13:09:11","guid":{"rendered":"https:\/\/wp.lancs.ac.uk\/fofi2026\/?page_id=21"},"modified":"2026-04-14T11:44:03","modified_gmt":"2026-04-14T11:44:03","slug":"programme","status":"publish","type":"page","link":"https:\/\/wp.lancs.ac.uk\/fofi2026\/programme\/","title":{"rendered":"Programme"},"content":{"rendered":"

Presentations:<\/strong> Presenters are allocated a 30-minute slot with a 25-minute presentation that will be followed by a 5-minute general discussion. Speakers and session chairs should meet in the lecture theatre at least 5 minutes before their session.<\/p>\n

Download PDF FoFI Conference Programme 2026<\/a><\/strong><\/p>\n

Latest Information as of 14 April 2026.<\/p>\n

Wednesday, 15 April 2026<\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Time<\/strong><\/th>\nDetails<\/strong><\/th>\nRoom<\/strong><\/th>\n<\/tr>\n
08:30-09:00<\/td>\nConference Registration<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
09:00-09:25<\/td>\n\n

Welcome and Opening Remarks<\/h2>\n

Professor Stephen Decent, Vice-Chancellor, Lancaster University<\/td>\n

LUMS LT1
\nChair: Harald Lohre
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
09:25-10:25<\/td>\n\n

Session 1 \u2013 Keynote (Plenary)<\/h2>\n

Matthias Hanauer, Robeco<\/a>
\n\u201cFama-French Factors are Dead, Long Live Quant\u201d<\/em><\/td>\n<\/tr>\n

10:25-11:00<\/td>\nRefreshment Break<\/td>\n\u00a0LUMS Breakout<\/td>\n<\/tr>\n
11:00-13:00<\/td>\n\n

Session 2A \u2013 Factor Models 1<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Qihui Chen
\nSupport: Marco Cinquetti<\/td>\n<\/tr>\n
\n
11:00-13:00<\/td>\n\n

Session 2B \u2013 ETFs and Indexing<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Marcel Mueller
\nSupport: Moncef Asmar<\/td>\n<\/tr>\n
\n
11:00-13:00<\/td>\n\n

Session 2C \u2013 Options and Volatility<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Emanuele Luzzi
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
\n
13:00-14:00<\/td>\nLunch Break and Poster Session I<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
14:00-15:00<\/td>\n\n

Session 3 \u2013 Keynote (Plenary)<\/h2>\n

\u00c1lvaro Cartea, University of Oxford<\/strong><\/a>
\n\u201cAI Bubbles with Large Language Models\u201d<\/em><\/td>\n

LUMS LT1
\nChair: Carsten Rother Support: Reka Lantos<\/td>\n<\/tr>\n
15:00-15:30<\/td>\nRefreshment Break<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
15:30-17:00<\/td>\n\n

Session 4A \u2013 CAPM<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Yuekun Liu
\nSupport: Moncef Asmar<\/td>\n<\/tr>\n
\n
15:30-17:00<\/td>\n\n

Session 4B \u2013 Volatility Investing<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Junxiong Gao
\nSupport: Marco Cinquetti<\/td>\n<\/tr>\n
\n
15:30-17:00<\/td>\n\n

Session 4C \u2013 High Frequency: Betas and Forecasting<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Heqing Shi
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
\n
15:30-17:00<\/td>\n\n

Session 4D \u2013 ESG 1<\/h2>\n<\/td>\n

LUMS LT14
\nChair: Albert Fu
\nSupport: Da Chen<\/td>\n<\/tr>\n
\n
18:15-20:30<\/td>\n\n

Drinks Reception and Canapes<\/h2>\n<\/td>\n

The Ashton Memorial<\/td>\n<\/tr>\n
18:15<\/td>\nCoaches will depart promptly from outside the Management School for The Ashton Memorial<\/a><\/td>\n<\/tr>\n
18:30-20:30<\/td>\nDrinks and Canapes<\/td>\n<\/tr>\n
20:30<\/td>\nCoaches depart Ashton Memorial \u2013 drop off Lancaster City Centre and Campus<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/h2>\n

Thursday, 16 April 2026<\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Time<\/strong><\/h3>\n<\/td>\n

\n

Details<\/strong><\/h3>\n<\/td>\n

\n

Room<\/strong><\/h3>\n<\/td>\n<\/tr>\n

09:00-10:00<\/td>\n\n

Session 5 \u2013 Keynote (Plenary)<\/h2>\n

Semyon Malamud, Swiss Federal Institute of Technology<\/a><\/strong>
\n\u201cThe Promise and Limits of Machine Learning in Factor Investing\u201d<\/em><\/td>\n

LUMS LT1
\nChair: Mark Shackleton
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
10:00-10:30<\/td>\nRefreshment Break<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
10:30-12:00<\/td>\n\n

Session 6A \u2013 Factor Models 2<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Lukas Koerber
\nSupport: Weiqi Zhang<\/td>\n<\/tr>\n
\n
10:30-12:00<\/td>\n\n

Session 6B \u2013 Climate Finance<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Seyed M. Mousavi
\nSupport: Lewei He<\/td>\n<\/tr>\n
\n
10:30-12:00<\/td>\n\n

Session 6C \u2013 Forecasting Risk<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Christoper Frey Support: Reka Lantos<\/td>\n<\/tr>\n
\n
12:00-13:00<\/td>\n\n

Lunch Break and Poster Session II<\/h2>\n<\/td>\n

LUMS Breakout<\/td>\n<\/tr>\n
13:00-14:00<\/td>\n\n

Session 7 \u2013 Keynote (Plenary)<\/h2>\n

Andrew J. Patton, Duke University<\/strong><\/a>
\n\u201cSkill and Efficiency in the U.S. Mutual Fund Industry\u201d
\n<\/em>(with Dong Hwan Oh, Federal Reserve System)<\/em><\/td>\n

LUMS LT1
\nChair: Ingmar Nolte
\nSupport: Bruno Moreira<\/td>\n<\/tr>\n
14:00-14:15<\/td>\nRefreshment Break<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
14:15-15:45<\/td>\n\n

Session 8A \u2013 Non-Standard Errors<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Stefan Voigt
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
\n
14:15-15:45<\/td>\n\n

Session 8B \u2013 Mutual Funds<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Simon Rottke
\nSupport: Lewei He<\/td>\n<\/tr>\n
\n
14:15-15:45<\/td>\n\n

Session 8C \u2013 Momentum<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Andre B.M. Souza
\nSupport: Da Chen<\/td>\n<\/tr>\n
\n
14:15-15:45<\/td>\n\n

Session 8D \u2013 Currencies<\/h2>\n<\/td>\n

LUMS LT14
\nChair: Mads M. Kj\u00e6r
\nSupport: Moncef Asmar<\/td>\n<\/tr>\n
\n
15:45-16:00<\/td>\nRefreshment Break<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
16:00-17:30<\/td>\n\n

Session 9A \u2013 Machine Learning in Asset Pricing 1<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Yao Li
\nSupport: Shanth Vidya Babu<\/td>\n<\/tr>\n
\n
\n

16:00-17:30<\/h2>\n<\/td>\n

\n

Session 9B \u2013 Factor Timing <\/strong><\/h2>\n<\/td>\n

LUMS LT2
\nChair: Jonas Frey
\nSupport: Marco Cinquetti<\/td>\n<\/tr>\n
\n
16:00-17:30<\/td>\n\n

Session 9C \u2013 Macro and International<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Ali Moin
\nSupport: Weiqi Zhang<\/td>\n<\/tr>\n
\n
16:00-17:30<\/td>\n\n

Session 9D \u2013 Asset Pricing Under Frictions<\/h2>\n<\/td>\n

LUMS LT14
\nChair: Dale Rosenthal
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
\n
18:00<\/td>\n\n

Coaches will depart promptly from outside the Management School for Ashton Hall, Lancaster<\/h2>\n<\/td>\n

<\/td>\n<\/tr>\n
18:30<\/td>\n\n

Drinks Reception and Conference Dinner – Ashton Hall, Lancaster<\/h2>\n<\/td>\n<\/tr>\n

21:45<\/td>\nCoaches depart Ashton Hall \u2013 drop off Scotforth and Campus<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/h2>\n

Friday, 17 April 2026<\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Time<\/strong><\/h3>\n<\/td>\n

\n

Details<\/strong><\/h3>\n<\/td>\n

\n

Room<\/strong><\/h3>\n<\/td>\n<\/tr>\n

09:00-10:00<\/td>\n\n

Session 10 \u2013 Keynote (Plenary)<\/h2>\n

Svetlana Bryzgalova, London Business School<\/strong><\/a>
\n\u201cMacro Strikes Back: Term Structure of Risk Premia\u201d <\/em>(with Jiantao Huang, The University of Hong Kong and Christian Julliard. London School of Economics and Political Science – Centre for Economic Policy Research (CEPR))<\/td>\n

LUMS LT1
\nChair: David HappersbergerSupport: Bruno Moreira<\/td>\n<\/tr>\n
10:00-10:30<\/td>\nRefreshment Break<\/td>\nLUMS Breakout<\/td>\n<\/tr>\n
10:30-12:00<\/td>\n\n

Session 11A \u2013 Options and Variance Risk Premium<\/span><\/h2>\n<\/td>\n

LUMS LT1
\nChair: Katerina Tsakou
\nSupport: Luca Lochi<\/td>\n<\/tr>\n
\n
10:30-12:00<\/td>\n\n

Session 11B Machine Learning in Asset Pricing 2<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Shuting Li
\nSupport: Reka Lantos<\/td>\n<\/tr>\n
\n
10:30-12:00<\/td>\n\n

Session 11C \u2013 Macro<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Eric Offner
\nSupport: Weiqi Zhang<\/td>\n<\/tr>\n
\n
10:30-12:00<\/td>\n\n

Session 11D \u2013 High-Dimensional Portfolio Construction<\/h2>\n<\/td>\n

LUMS LT14
\nChair: Rasmus L\u00f6nn
\nSupport: Shanth Vidya Babu<\/td>\n<\/tr>\n
\n
12:00-13:00<\/td>\n\n

Lunch Break and Poster Session III<\/h2>\n<\/td>\n

LUMS Breakout<\/td>\n<\/tr>\n
13:00-14:30<\/td>\n\n

Session 12A \u2013 Analysts and Insiders<\/h2>\n<\/td>\n

LUMS LT1
\nChair: Ruiqing Hu Support: Shanth Vidya Babu<\/td>\n<\/tr>\n
\n
13:00-14:30<\/td>\n\n

Session 12B \u2013 Factor Models 3<\/h2>\n<\/td>\n

LUMS LT2
\nChair: Bastien Baude
\nSupport: Bruno Moreira<\/td>\n<\/tr>\n
\n
13:00-14:30<\/td>\n\n

Session 12C \u2013 Credit and Equities<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Rasmus L\u00f6nn
\nSupport: Marco Cinquetti<\/td>\n<\/tr>\n
\n
13:00-14:30<\/td>\n\n

Session 12D \u2013 ESG 2<\/h2>\n<\/td>\n

LUMS LT3
\nChair: Da Chen
\nSupport: Albert Fu<\/td>\n<\/tr>\n
\n
14:30<\/td>\nE n d\u00a0\u00a0 o f\u00a0\u00a0 C o n f e r e n c e<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

P O S T E R\u00a0 \u00a0S E S S I O N S<\/strong><\/p>\n

POSTER SESSION I \u2013 Breakout Space 2 & 3, LUMS<\/strong>
\nWednesday, 15th April 2026<\/strong><\/p>\n