program of the 6th luxembourg asset management summit ... la… · 10/02/2017  · business,...

October25-27,2017

9.15–10.45 SESSION1:InstitutionalInvestorsǀǀChair:RomanKräussl,LSF

TheAssetAllocationsandReturnExpectationsofInstitutionalInvestors

AleksandorAndonov(ErasmusUniversity)andJoshuaD.Rauh(StanfordGSB,HooverInstitutionandNBER)

Discussant:AmitGoyal(UniversityofLausanneandSFI)

TheSustainabilityFootprintofInstitutionalInvestors

RajnaGibsonBrandon(UniversityofGenevaandSFI)andPhilippKrüger(UniversityofGenevaandSFI)

Discussant:DenitsaStefanova(LSF)

10.45–11.15 **Coffee**

GrowingBeyondPerformance

WenxiJiang(CUHKBusinessSchool,TheChineseUniversityofHongKong)andMindyX.Zhang(McCombsSchoolofBusiness,UniversityofTexasatAustin)

Discussant:JeromeDugast(LSF)

IQfromIP:SimplifyingSearchinPortfolioChoiceHuaizhiChen(HarvardBusinessSchool),LaurenCohen(HarvardBusinessSchoolandNBER),UmitG.Gurun(UniversityofTexasatDallasandNBER),DongLou(LondonSchoolofEconomicsandCEPR)andChristopherJ.Malloy(HarvardBusinessSchoolandNBER)Discussant:JoniKokkonen(Catolica-LisbonSchoolofBusinessandEconomics)

12.45–14.00 **Lunch**

DissectingCharacteristicsNonparametricallyJoachimFreyberger(UniversityofWisconsin-Madison),AndreasNeuhierl(UniversityofNotreDame)andMichaelWeber(BoothSchoolofBusiness,UniversityofChicago)Discussant:BenjaminHolcblat(LSF)

BearBetaZhongjinLu(TerryCollegeofBusiness,UniversityofGeorgia)andScottMurray(J.MackRobinsonCollegeofBusiness,GeorgiaStateUniversity)Discussant:WenxiJiang(CUHKBusinessSchool,TheChineseUniversityofHongKong)

16.00 BusleavesfromLSF

17.00 15YearsAnniversaryLuxembourgSchoolofFinance-Moderator:RomanKräussl,LSF

17.05 WelcomingWords:TiborNeugebauer,ViceDeanofFacultyandJangSchiltz,DirectorofLSF

17.15 KeynoteTBD ,PierreGramegna,MinisterofFinance,GrandDuchyofLuxembourg

17.45 KeynoteSurveyExpectationsinFinanceandMacroeconomics ,AndreiShleifer,ProfessorofEconomicsatHarvardUniversity,incl.Q&A

19.00 **CocktailReception**

20.00 **Dinner**

Programofthe6thLuxembourgAssetManagementSummit

Thursday,October26,2017Sessions-LuxembourgSchoolofFinance(LSF)

Wednesday,October25,201719.00InformalWelcomeReception,followedbyDinner

8.30–9.00 **Coffee**

11.15–12.45

OpeningwordsbyMattiSuominen,AaltoUniversity9.00–9.15

14.00–15.30 SESSION3:AssetPricePredictabilityǀǀChair:UlfvonLilienfeld-Toal,LSF

SESSION2:MutualFundManagersǀǀChair:MattiSuominen,AaltoUniversity

LeverageNetworkandMarketContagion

JiangzeBian(UniversityofInternationalBusinessandEconomics),ZhiDa(UniversityofNotreDame),DongLou(LondonSchoolofEconomicsandCEPR)andHaoZhou(PBCSchoolofFinance,TsinghuaUniversity)Discussant:LaszloSandor(LSF)

EquityisCheapforLargeFinancialInstitutions

PriyankGandhi(UniversityofNotreDame),HannoLustig(StanfordGSBandNBER)andAlbertoPlazzi(USILuganoandSFI)

Discussant:YizhouXiao(TheChineseUniversityofHongKong)

10.30–11.00 **Coffee**

PersistentBlessingsofLuck

LinWilliamCong(BoothSchoolofBusiness,UniversityofChicago)andYizhouXiao(TheChineseUniversityofHongKong)

Discussant:AlbertoPlazzi(USILuganoandSFI)

LiquidityProvisionontheSecondaryMarketforPrivateEquityFundStakes

RuiAlbuquerque(CarrollSchoolofManagement,BostonCollegeandCEPRandECGI),JohanCassel(SaidSchoolofBusiness,UniversityofOxfordandOxford-ManInstitute),LudovicPhalippou(SaidSchoolofBusiness,UniversityofOxford)andEnriqueSchroth(CassBusinessSchool,CityUniversityLondonandCEPR)Discussant:JulienPenasse(LSF)

12.30–13.30 **Lunch**

MediaReinforcementinInternationalFinancialMarkets

KennethFroot(HarvardBusinessSchool),XiaoxiaLou(AlfredLernerCollegeofBusiness,UniversityofDelaware),GideonOzik(EDHECBusinessSchool,Nice),RonnieSadka(CarrollSchoolofManagement,BostonCollege)andSiyiShen(CarrollSchoolofManagement,BostonCollege)Discussant:ScottMurray(J.MackRobinsonCollegeofBusiness,GeorgiaStateUniversity)

p-Hacking:EvidencefromTwoMillionStrategies

TarunChordia(GoizuetaBusinessSchool,EmoryUniversity),AmitGoyal(UniversityofLausanneandSFI)andAlessioSaretto(NaveenVindalSchoolofManagement,UniversityofTexasatDallas)Discussant:KalleRinne(LSF)

Pleasenotethesuggestedtimesetupof25min.presentation,10min.discussion,and10min.openfloor

13.30–15.00

Friday,October27,2017Sessions-LuxembourgSchoolofFinance(LSF)

SESSION6:MarketEfficiencyǀǀChair:RomanKräussl,LSF

15.00–15.15 ClosingwordsbyRomanKräussl,LSF

15.15 **CocktailReception**

11.00–12.30 SESSION5:VentureCapitalandPrivateEquityǀǀChair:JangSchiltz,LSF

Programofthe6thLuxembourgAssetManagementSummit

8.30–9.00 **Coffee**

9.00–10.30 SESSION4:FinancialContagionandCrisesǀǀChair:MattiSuominen,AaltoUniversity