New Developments in Long-Term Asset Management

Luis M. Viceira and Annette Vissing-Jorgensen, Organizers

April 9, 2022

Chicago and on Zoom

Conference Code of Conduct

Friday, April 8
6:00 pm
Dinner, Renaissance Ballroom at the Intercontinental Chicago
Speaker: Stijn Van Nieuwerburgh, Columbia University and NBER
Saturday, April 9
8:30 am
Continental Breakfast
9:00 am
Lorenzo Bretscher, University of Lausanne
Lukas Schmid, University of Southern California
Ishita Sen, Harvard University
Varun Sharma, London Business School

Institutional Corporate Bond Pricing (slides)
Discussant: Robin Greenwood, Harvard University and NBER
9:50 am
Valentin Haddad, University of California, Los Angeles and NBER
Paul Huebner, Stockholm School of Economics
Erik Loualiche, University of Minnesota

How Competitive is the Stock Market? Theory, Evidence from Portfolios, and Implications for the Rise of Passive Investing
Discussant: Philip Bond, University of Washington
10:40 am
Break
11:10 am
Ludovic Phalippou, University of Oxford
Elise Gourier, ESSEC Business School
Mark Westerfield, University of Washington

Capital Commitment
Discussant: Morten Sorensen, Dartmouth College and NBER
12:00 noon
Lunch - King Arthur Court
1:00 pm
Lauren Cohen, Harvard University and NBER
Umit Gurun, University of Texas at Dallas
Quoc Nguyen, DePaul University

The ESG-Innovation Disconnect: Evidence from Green Patenting
Discussant: Harrison Hong, Columbia University and NBER
1:50 pm
Alexander Michaelides, Imperial College London
Yuxin Zhang, Imperial College London

Strategic Asset Allocation for Sovereign Wealth Funds
Discussant: Fredrik Willumsen, Norges Bank Investment Management
2:40 pm
Break
3:10 pm
Xiang Fang, University of Hong Kong
Yang Liu, University of Hong Kong
Nikolai Roussanov, University of Pennsylvania and NBER

Getting to the Core: Inflation Risks Within and Across Asset Classes (slides)
Discussant: Michael Weber, University of Chicago and NBER
4:00 pm
Adjourn