Finance


Careers in Finance: Perspectives from the Hartford CFA Society

Careers in Finance: Perspectives from the Hartford CFA Society
Armond Hodge, president of the UConn Graduate Finance Association, moderates a panel discussion on Careers in Finance at the GBLC in Hartford. Panelists L to R: Jukka Lipponen, CFA, president of Independent Insurance Analysts LLC (IIA); Pamela E. Minish, CFA, vice president and portfolio manager for First Niagara Private Client; Shankar Shivakumar, CFA, founding director of Shaan Capital; and Quinten Smallwood ’08, CFA, research analyst at the Hartford Investment Management Company. (Theodoros Menounos/UConn School of Business)

On November 11th, 2015, the UConn School of Business Graduate Finance Association (GFA), in collaboration with the Office of Alumni Relations and CFA Society Hartford, hosted this year’s Careers in Finance CFA Panel and Networking Reception. Over 30 students from the Financial Risk Management (FRM), Full-time and Part-time MBA Programs were in attendance.Continue Reading



Year in Review

top1000funds.com – A research paper that concludes that the funds recommended to institutional investors by investment consultant do not add value, has won the Commonfund Prize, awarded for original research relevant to endowment and foundation asset management. The paper, by academics at Saïd Business School, Oxford University and University of Connecticut School of Business, found that…


Dan Toscano ’87

School of Business Alumnus Chairs UConn Foundation Board; ‘Let’s Be the Best… That’s What it Means to Come to UConn’

When alumnus Dan Toscano ’87 talks about the need for more scholarships to help UConn students, he speaks from the heart.

“I had some very discouraging moments when I was a student here and the tuition was due and I didn’t quite have it pulled together yet,” he recalled during a recent interview. “My wife, Tresa, and I had to fight to get through college financially. I remember those days vividly. I don’t want to see anyone else go through that.”Continue Reading


Reverse Stress Testing

Finance Professor Wins Best Paper Award for Creating Insightful, Novel Method of Risk Assessment

Finance professor Yaacov Kopeliovich and his RiXtrema research team colleagues have won the 2015 Peter L. Bernstein Award for Best Paper for their work titled, “Robust Risk Estimation and Hedging: A Reverse Stress Testing Approach.”

The article originally appeared in the Journal of Derivatives in May 2015. It was selected by a three-person review committee and was chosen from a pool of nominations from 11 top financial journals. The judges looked for an original or new approach to the field or subject of study; surprising and/or insightful results or implications; and both practical and academic relevance.Continue Reading





Do Managers Seek Control and Entrenchment?

The CLS Blue Sky Blog – Do managers seek control of the firm, or the level of ownership consistent with entrenchment? Entrenched managers own shares within a range which is high enough to give them control, but sufficiently low to make other shareholders bear the brunt of their non-value maximizing actions. There is a large literature on how entrenched managers can benefit themselves by extracting wealth from other shareholders, but conclusive evidence that managers seek entrenchment is currently lacking.