The FMG would like to extend hearfelt congratulations to Péter Kondor, Professor of Finance at LSE Finance, on receiving the Outstanding Paper Award 2025 by the Swiss Finance Institute, for his paper Causal Inference for Asset Pricing co-authored with Valentin Haddad, Zhiguo He, Paul Huebner, and Erik Loualiche. This prize distinguishes an unpublished research paper expected to make an outstanding contribution to the field of finance.
The paper discusses how asset prices and quantities impact financial portfolio choices and structures. It bridges classical portfolio choice theory with modern asset demand systems, offering new insights into how demand shocks and substitution patterns shape real-world asset prices. To read more, click here.
