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…
Finance
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
50 Classes of Teens – Changing the World in a Matter of Weeks
Leadership Greater Hartford – 50 classes of high school students are changing the world through Leadership Greater Hartford’s (LGH) Common Ground program, one of the region’s most significant youth leadership programs.
Fall 2015 Research Newsletter
Economist Fred Carstensen: No Public Investment in R&D, Infrastructure Destroys U.S. Growth, Competitiveness
Seeking Alpha –
Summary
- The Fed’s small rate hike won’t affect much, except strengthening the dollar.
- 150,000 to 250,000 new jobs a month not the gains of our historic recoveries.
- Chinese slowdown lops half a percent off U.S. growth
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.
America in Circulation: A History of U.S. Currency
Finance Professor Earns Fulbright Specialist Award
Shantaram Hegde Will Teach, Mentor, Encourage Colleagues in India
One of the most respected and accomplished faculty members in the Finance Department has received a Fulbright Specialist Award to mentor doctoral students and faculty in India.
Professor Shantaram ‘Shanta’ Hegde said he is pleased to have received the Fulbright, which is one of the most competitive, prestigious and selective awards in the world. His assignment is to instruct some 30- to 40- students and faculty on financial research, a field in which he is considered one of the most prolific journal contributors in the United States.Continue Reading
Merger and Acquisitions Class Helps Students Specialize, Diversify
The Daily Campus – A new merger and acquisitions class at the University of Connecticut helps specialize and distinguish business students in the job market and increase the reputation of the business school.