In times of heightened volatility, equity mutual funds rely on active management to maintain sufficient liquidity, according to new research from a member of York University’s Schulich School of Business. In the paper, Aleksandra Rzeźnik, assistant professor of finance at Schulich, argues investor redemptions of these funds can cause the investment vehicle to rebalance its […]
The International Centre for Pension Management is rewarding four of the most advanced pension research projects after reviewing presentations from several academics in Toronto last week. “We’re looking for the most thought-provoking and innovative research that has the potential to change the way we think about the pension world,” said Mike Simutin, the ICPM’s associate […]
A new textbook on value investing is aiming to combat the academic community’s premature dismissal of the subject, says author George Athanassakos, professor of finance and the Ben Graham chair in value investing at Western University’s Ivey School of Business. “There are plenty of books on value investing — but not academic books. I decided […]
Since the value premium was originally outlined by Eugene Fama and Kenneth French in the early 1990s, has it declined or disappeared in the U.S. stock market? The renowned economists have released a new paper examining the value premium’s performance between July 1963 and June 2019. They decided to revisit the topic because the value […]