Mayo Center - Events - Symposium on Mutual Funds and ETFs

Richard A. Mayo Center for Asset Management

Symposium on Mutual Funds and ETFs

The Mayo Center for Asset Management at the UVA Darden School of Business and the Investment Company Institute held the Virtual Symposium on Mutual Funds and ETFs, "Inflation: The Macroeconomy and Implications for Asset Management," on 1 December 2023. The symposium convened academics and practitioners with a focus on inflation, the macroeconomy and implications for asset management.

Friday, 1 December 2023

Noon - 1:30 p.m. (EST)

Virtual Symposium: registration coming soon!

Noon - 12:10 p.m. Welcome and Opening Remarks

Richard Evans

Richard Evans, Professor of Business Administration, Donald McLean Wilkinson Research Chair in Business Administration, UVA Darden School of Business

12:10 p.m. - 12:40 p.m. Paper Presentation
“Memory & Beliefs: Evidence from the Field” [PDF]
“The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications" [PDF]
Michael Weber

Presenter: Michael Weber, Associate Professor of Finance, University of Chicago Booth School of Business

12:40 p.m. - 1 p.m. Panel Discussion

Joe Davis, Global Chief Economist & Head of Investment Strategy Group, Vanguard

Kristina Hooper

Kristina Hooper, Chief Global Market Strategist, Invesco

1 p.m. - 1:20 p.m. Q&A

1:20 p.m. - 1:30 p.m. Closing Remarks

Shelly Antoniewicz, Deputy Chief Economist, Investment Company Institute

Contacts

Mayo Center for Asset Management
[email protected]

Shelly Antoniewicz
+1-202-326-5910
[email protected]

Previous Events

FEB 2023

The Mayo Center for Asset Management at the UVA Darden School of Business and the Investment Company Institute, held the Academic Practitioner Symposium on Mutual Funds and ETFs in Feburary 2023. Returning to its traditional, in-person format, the Symposium convened academics and practitioners with a focus on fintech, cryptocurrency, and robo-advising. Please find program details below with further information and video links as available.

Program

"Fintech, Robo-Advising and Cryptocurrencies"

Friday, 24 February 2023

9 a.m. - 3:30 p.m. (EST)

UVA Darden Sands Family Grounds
1100 Wilson Blvd., Arlington, VA 22209

8 a.m. - 9 a.m. Registration and Continental Breakfast

9 a.m. - 9:20 a.m. Welcome and Opening Remarks

Pedro Matos, James A. and Stacy Cooper Bicentennial Professor of Business Administration, John G. Macfarlane Family Chair and Academic Director, Richard A. Mayo Center for Asset Management, UVA Darden School of Business

Richard Evans

Richard Evans, Professor of Business Administration, Donald McLean Wilkinson Research Chair in Business Administration, UVA Darden School of Business

9:20 a.m. - 10:30 a.m. Paper Presentation
"Who Benefits from Robo-Advising? Evidence from Machine Learning"
Alberto Rossi

Presenter: Alberto Rossi, Professor of Finance, Georgetown University McDonough School of Business
Watch a brief interview about this session

Michael Reher

Discussant: Michael Reher, Assistant Professor of Finance, UC San Diego Rady School of Management

Scott Smith

Discussant: Scott Smith, Director of Advice Relationships, Cerulli Associates

10:30 a.m. - 10:50 a.m. Break

10:50 a.m. - 11:50 a.m Panel Discussion
"The Future of Robo-Advising in Asset Management"
Joel Dickson

Panelists:

Joel Dickson, Global Head of Advice Methodology, Vanguard

Phil Korenman

Phil Korenman, Head of Individual Investors, T. Rowe Price
Watch a brief interview here about this session

Alex Michalka, Director of Investments, Wealthfront

Sarah Holden

Moderator: Sarah Holden, Senior Director, Retirement & Investor Research, Investment Company Institute

Noon - 1:00 p.m. Keynote Luncheon

Chris Giancarlo, Chairman (fmr.), U.S. Commodities Futures Trading Commission
We invite you to explore the latest whitepaper from the Digital Dollar Project, of which Mr. Giancarlo is Executive Chairman.
Watch a brief interview about this session

Eric Pan

Moderator: Eric Pan, President and CEO, Investment Company Institute

1 p.m. - 2:10 p.m. Paper Presentation
"Miner Collusion and the Bitcoin Protocol"
Christine Parlour

Presenter: Christine Parlour, Professor of Finance, UC Berkeley Haas School of Business

Discussants: Jiasun Li, Assistant Professor of Finance, George Mason University School of Business

Ananth Madhavan, Managing Director, BlackRock

2:10 p.m. - 2:30 p.m. Break

2:30 p.m. - 3:30 p.m. Panel Discussion
"The Future of Cryptocurrency in Asset Management"

David LaValle

Panelists: David LaValle, Global Head of ETFs, Grayscale
Watch a brief interview here about this session

Cesar Fracassi

Cesare Fracassi, Chief Economist, Coinbase Institute

Simeon Hyman, Head of Investment Strategy, ProShares
Read the ProShares Piece, “BITO: One-Year Update,” here.

Marty Burns

Moderator: Marty Burns, Chief Industry Operations (fmr.), Investment Company Institute

3:30 p.m. Concluding Remarks

Shelly Antoniewicz, Sr. Director of Industry and Financial Analysis, Investment Company Institute

2022

Climate Change and Asset Management

11 February 2022

Noon - 12:40 p.m.: Keynote Address with Moderated Q&A:

Lisa Jones, Head of Americas, President and CEO, Amundi US

Moderator:

Eric J. Pan, President and CEO, Investment Company Institute

12:40 PM-2:00 PM: Paper Presentation, Industry Panel Discussion and Moderated Q&A

Academic Presenter:

Lubos Pastor, Charles P. McQuaid Professor of Finance at the University of Chicago Booth School of Business

Paper: Dissecting Green Returns

Discussants:

John Streur, President and CEO, Calvert Research and Management

John Streur is president and chief executive officer for Calvert Research and Management. John is also president and a trustee of the Calvert Funds as well as a board director of Calvert Impact Capital and chair of its Audit and Finance Committee. He guided the creation of the Calvert Principles for Responsible Investment, the Calvert Research System and the Calvert Indices, and has placed focus on investment research and emphasis on environmental, social and governance (ESG) factors integrated with investment decisions. He joined Calvert Research and Management in 2016. Before joining Calvert Research and Management, he was president and chief executive officer with Calvert Investments. He has managed socially responsible investments at the request of institutional clients, including public funds, religious institutions, and college and university endowments since 1991. Previously, he was president, director and principal of Portfolio 21, a boutique firm specializing in global environmental investing, and spent 20 years at AMG Funds (and its predecessors), a firm he co-founded and where he served as president, CEO and chair of the Investment Committee.

Jennifer Wu, Managing Director, J.P. Morgan Asset Management

Jennifer Wu is responsible for leading J.P. Morgan Asset Management’s firm-wide strategic efforts in building a global sustainable investing platform across ESG and climate change research, client solutions and engagement, investment stewardship and ESG integration, and development of innovative strategies. Prior to joining J.P. Morgan, Jennifer was responsible for leading the global effort of creating innovative investment solutions and analytics at BlackRock’s Sustainable Investing team. Previously, Jennifer was BlackRock’s Head of Corporate Strategy & Development for Asia-Pacific. Prior to joining BlackRock in 2014, Jennifer worked for the Asian Development Bank (ADB) in the energy sector of the Central and West Asia Department and was responsible for project finance across power infrastructures and country-level energy sector reforms. Before ADB she served as Managing Director in the Strategic Development group of CLSA Limited responsible for acquisitions and strategic partnerships in Asia-Pacific and Europe.

Moderator:

Richard B. Evans, Associate Professor of Business Administration and Donald McLean Wilkinson Research Chair in Business Administration, UVA Darden School of Business

2021

Program

Session 1: Diversity and Inclusion (Friday, 19 February 2021)

View Video

12:00PM-12:25pm: Keynote Speaker

Mellody Hobson
Co-CEO and President
Ariel Investments

12:25 PM-12:40 PM: Moderated Q&A

Richard B. Evans, Associate Professor of Business Administration and Donald McLean Wilkinson Research Chair in Business Administration, Darden School of Business