New Developments in Long-Term Asset Management

Monika Piazzesi and Luis M. Viceira, Organizers

January 21-22, 2021

on Zoom.us

Conference Code of Conduct

Thursday, January 21
 Each session 35 minutes long with the following format: 15 minute presentation, 15 minute discussion, 5 minute Q&A
10:00 am

Global Pricing of Carbon-Transition Risk (slides)
Discussant: Harrison Hong, Columbia University and NBER
10:35 am

How the Wealth Was Won: Factor Shares as Market Fundamentals
Discussant: Valentin Haddad, University of California, Los Angeles and NBER
11:10 am
Break
11:15 am

How Do Private Equity Fees Vary across Public Pensions? (slides)
Discussant: Stijn Van Nieuwerburgh, Columbia University and NBER
11:50 am

The Term Structure of CIP Violations (slides)
Discussant: Michael Johannes, Columbia University
12:25 pm
Break
12:30 pm
Keynote address by John Cochrane, Stanford University and NBER (paper)
1:30 pm
Adjourn
Friday, January 22
10:00 am

Should Short-Term Shareholders Have Less Rights?
Discussant: Jeremy C. Stein, Harvard University and NBER
10:35 am

Exchange Rates and Asset Prices in a Global Demand System (slides)
Discussant: Karen K. Lewis, University of Pennsylvania and NBER
11:10 am
Break
11:15 am

Is There Too Much Benchmarking in Asset Management? (slides)
Discussant: Alp Simsek, Yale University and NBER
11:50 am

Global Infrastructure: Potential, Perils, and a Framework for Distinction (slides)
Discussant: Ralph S. J. Koijen, University of Chicago and NBER
12:25 pm
Break
12:30 pm
Panel on Capital Markets and Investing during the Pandemic
John Campbell, Harvard University and NBER
Kathryn Kaminski, AlphaSimplex Group LLC
Owen Lamont, Wellington Asset Management
Tobias Moskowitz, Yale University and NBER
1:30 pm
Adjourn