LIFS 2023 Conference Program

WELCOME RECEPTION

Hotel Panorama (1^st floor restaurant)

Session 1: ETFs

Chair: Russell Wermers (University of Maryland)

ETFs, Illiquid Assets, and Fire Sales

Karamfil Todorov (Bank for International Settlements) and John J. Shim (University of Notre Dame)

Discussant: Daniel Barth (Federal Reserve Board of Governors)

ETF Dividend Cycles

Pekka Honkanen (University of Georgia), Yapei Zhang (School of Entrepreneurship and Management, ShanghaiTech University) and Tong Zhou (School of Entrepreneurship and Management, ShanghaiTech University)

Discussant: Marie Lambert (HEC Liège)

Session 2: Global Investing

Chair: George Aragon (Arizona State University)

Global Fund Flows and Emerging Market Tail Risk

Christian Lundblad (University of North Carolina at Chapel Hill), Anusha Chari (University of North Carolina at Chapel Hill & NBER & CEPR) and Karlye Dilts Stedman (Federal Reserve Bank of Kansas City)

Discussant: Cristian Tiu (University at Buffalo)

Global Realignment in Financial Market Dynamics

Mila Getmansky Sherman (Isenberg School of Management, UMASS Amherst), Monica Billio (Ca’ Foscari University of Venice), Andrew W. Lo (MIT Sloan School of Management), Loriana Pelizzon (Leibniz Institute for Financial Research SAFE, Goethe University, Ca’ Foscari University of Venice and CEPR) and Abalfazl Zareei (Stockholm Business School, Stockholm University)

Discussant: Nataliya Gerasimova (BI Norwegian Business School)

Session 3: Portfolio Strategies

Chair: Christian Lundblad (University of North Carolina at Chapel Hill)

Investor Betas

Lorenzo Bretscher (University of Lausanne, Swiss Finance Institute and CEPR), Ryan Lewis (University of Colorado-Boulder) and Shrihari Santosh (University of Colorado-Boulder)

Discussant: Petri Jylhä (Aalto University)

Volatility Timing Using ETF Options:Evidence from Hedge Funds

George Aragon (Arizona State University),Shuaiyu Chen (Purdue University) and Zhen Shi (Georgia State University)

Discussant: Yuekun Liu (Aalto University)

DINNER

Restaurant King Crab House, address: Mariankuja 6

Session 4: Hedge Funds

Chair: Cristian Tiu (University at Buffalo)

Do Hedge Funds Strategically Misreport Their Holdings? Evidence from 13F Restatements

Zhi Da (University of Notre Dame), Sean Cao (University of Maryland), Xin Daniel Jiang (University of Waterloo) and Baozhong Yang (Georgia State University)

Discussant: Florian Weigert (University of Neuchâtel)

Advisor-Hedge Fund Connections, Information Flows and Deal Outcomes in Mergers and   Acquisitions

Lijie Yu (Alliance Manchester Business School, University of Manchester), Michael Bowe (Alliance Manchester Business School, University of Manchester and University of Vaasa) and Olga Kolokolova (Alliance Manchester Business School, University of Manchester)

Discussant: Markus Ibert (Copenhagen Business School)

Session 5: Private Equity Funds

Chair: Markku Kaustia (Aalto University)

Size, Returns and Value Added: Do Private Equity Firms Allocate Capital According to Manager Skill?

Tim Jenkinson (Saïd Business School, University of Oxford),Reiner Braun (Technical University of Munich), Nils Dorau (Technical University of Munich) and Daniel Urban (Erasmus University Rotterdam)

Discussant: Sara Ain Tommar (NEOMA Business School)

Portfolio Management in Private Equity

Celine (Yue) Fei (University of North Carolina at Chapel Hill), Gregory W. Brown (University of North Carolina at Chapel Hill) and David T. Robinson (Duke University and NBER)

Discussant: Daniel Urban (Erasmus University Rotterdam)

The Geography of Private Equity Returns

Serge Darolles (Université Paris Dauphine), Sara Ain Tommar (NEOMA Business School) and  Emmanuel Jurczenko (EDHEC Business School) 

Discussant: Vesa Pursiainen (University of St. Gallen)

SOCIAL PROGRAM “THAT’S INTERESTING!”                    

This social program is sponsored by Aalto University School of Business

Snowshoeing along the Levi fell, departure from Hotel Panorama at 16:00, return at 18:30, (suitable for beginners, equipment provided by organizers)

OR

Sauna and ice swimming, departure from Hotel Panorama at 16:15, return from the sauna at 17:30 and 18:30, (bring your won swimsuit, towels provided, separate saunas for M/F)

DINNER

Restaurant Gastro K, address: Laaksokuja 4