Latest Events & Seminars
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Latest News
Latest research: Asset pricing implications of value-weighted indexing
12/01/2021
Congratulations to PWC scholar Kilian Huber for earning the AQR Top Finance Graduate Award
08/06/2018
Action must be taken to stop quants exploiting weakness
17/07/2017
10th Annual Paul Woolley Centre Conference
30/06/2017
Breaking the 'curse of the benchmarks'
05/04/2016
Latest Publications
Information, Market Power and Welfare
We study a financial market in which agents with interdependent values bid for a risky asset. Some agents are privately informed of their own value...
No 81
The Wall Street Stampede: Exit as Governance with Interacting Blockholders
The growth of the asset management industry has made it commonplace for firms to have multiple institutional blockholders. In such firms, the strength...
No 80
Margin Trading and Leverage Management
We use granular data covering regulated (brokerage-financed) and unregulated (shadow-financed) margin trading during the 2015 market turmoil in China...
No 79
Why Don’t Most Mutual Funds Short Sell?
An intriguing observation in the US mutual fund industry is that most equity funds do not short sell, even though virtually all regulatory...
No 78
