CAMR Seminars and Events

09.15-09.20 Welcome
Andre Spicer (Dean, Bayes Business School)

09:20-09.30 Introduction
Aneel Keswani (Director of the Centre for Asset Management Research)

Morning Session: Funds and Asset Management

09.30-10.30 Anticipatory Trading Against Distressed Mega Hedge Funds
Vikas Agarwal (Georgia State)
Discussant: Hongxun Ruan (Peking University)

10:30-11:30 Rewriting Expected Returns
Carter Davis (Indiana University)
Discussant: Hanbin Yang (LBS)

11:30-11.45 Tea/Coffee break

11:45-12:40 Remeasuring Scale and Holdings of Asset Management
Yang Song (University of Washington)

12:40-14:00 Lunch

Afternoon Session: ETFs

14.00-15:00 Decoding Derivative Use in ETFs
Aneel Keswani (Bayes Business School)

15:00-16:00 Will ETFs Drive Mutual Funds Extinct?
Anna Helmke (Vanderbilt)
Discussant: Marie Hoerova (ECB)

16:00-16:15 Tea/Coffee break

16:15-17:15 Keynote: Sparse Portfolios and Benchmarking in Asset Management
Anna Pavlova (LBS)

17:15 Conference ends

Vikas Agarwal (Georgia State)

Vikas Agarwal is Distinguished University Professor of the University System of Georgia, and the Bank of America Distinguished Chair and Professor of Finance at Georgia State University’s J. Mack Robinson College of Business. Vikas received his Ph.D. in finance from the London Business School. He is a Research Fellow at the Centre for Financial Research, University of Cologne, Germany. He also holds a Research Associate position at EDHEC Risk and Asset Management Center, France.

He currently serves as a Director on the board of the Southeastern Alternative Fund Association and on the academic advisory council of Decatur Capital Management. His broad areas of research interest include investments, household finance, private equity, and behavioral finance.

His articles have appeared in leading academic journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Review of Finance, and Management Science. His research has been cited and discussed in the financial press and magazines including Bloomberg, Euromoney, and Financial Times.

Carter Davis (Indiana University)

Carter Davis is an Assistant Professor of Finance at Indiana University Kelley School of Business. He graduated from the University of Chicago Booth School of Business with a PhD in finance. His research typically falls into at least two areas: (1) machine learning (ML) and artificial intelligence (AI) in finance and (2) demand system asset pricing (DSAP). His papers have been published at the top finance journals including Review of Financial Studies and Journal of Financial Economics.

Anna Helmke (Vanderbilt)

Anna Helmke is an Assistant Professor of Finance at the Owen Graduate School of Business at Vanderbilt University. She earned her Ph.D. in Finance from the Wharton School of the University of Pennsylvania in 2024. Her research focuses on financial markets, financial intermediation, and portfolio theory with a focus on ETFs.

As part of her research, Professor Helmke has closely collaborated with policy makers at the European Central Bank, International Monetary Fund, and the Federal Reserve Bank of New York. Prior to her doctoral studies she worked as a Consultant at McKinsey & Company.

Marie Hoerova (ECB)

Marie Hoerova is a Senior Adviser in the Directorate General Research of the European Central Bank and a Research Fellow of the CEPR. He research is primarily in the areas of Financial Economics and Monetary Economics. Her papers have been published at the top econ and finance journals including Review of Economic Studies, Journal of Finance, and Journal of Financial Economics.

Anna Pavlova (LBS)

Anna Pavlova is Professor of Finance at London Business School (LBS). She is also an Editor of the Review of Financial Studies and the Programme Director of the Asset Pricing Programme at the Centre for Economic Policy Research (CEPR). She serves on the European Economic Association Council and the SFI Scientific Council.

Formerly, she was a Director of the American Finance Association and a Director of the European Finance Association. Prior to joining LBS, she was on the faculty at MIT Sloan School of Management. She holds a PhD in Economics from the University of Pennsylvania, an MA in Economics from the New Economic School (Moscow) and an MSc in Applied Mathematics from Moscow State University.

She has published in top journals such as American Economic Review, Journal of Finance, Journal of Financial Economics, Review of Financial Studies and Review of Economic Studies. Her work has been cited in a large number of international newspapers, including Bloomberg, The Economist, The Financial Times and The Wall Street Journal.

Hongxun Ruan (Peking University)

Hongxun Ruan is an Associate professor of finance at Guanghua School of Management, Peking University. He graduated from the Wharton School at the University of Pennsylvania with a Ph.D. in Finance.

His primary research interests are institutional investors, empirical asset pricing, and structural estimation. His research has been published in The Journal of Finance, The Review of Financial Studies.

Yang Song (University of Washington)

Yang Song is Norman J. Metcalfe Endowed Professor in Finance at the Foster School of Business, University of Washington. His research focuses on asset management, financial markets, and investors’ behaviors and their implications on asset prices.

Yang Song’s papers have been published at the top finance and accounting journals, including Journal of Finance, Review of Financial Studies, Journal of Financial Economics, Management Science, and Journal of Accounting and Economics.

His research has also been featured in major media outlets, such as Wall Street Journal, Bloomberg, Forbes, Yahoo Finance, Risk.net, and Financial Times.

Hanbin Yang (LBS)

Hanbin Yang is an Assistant Professor of Finance at London Business School (LBS). His expertise in economics is rooted in practical experience gained from his time working at BlackRock as a Financial Analyst, combined with academic insights earned through an MSc in Finance and Economics from London School of Economics and a PhD in Business Economics from Harvard Business School.

Interested in the intersection of finance and industrial organisation, Dr Yang joins LBS as an Assistant Professor of Finance. His writing has appeared in a number of respected peer-reviewed papers in publications that include Econometrica and Reviews of Economic Studies.