Agenda
McCombs School of Business, University of Texas at Austin
AT&T Hotel and Conference Center
1900 University Avenue, Austin, TX 78705
October 26 – 28, 2025
We are pleased to showcase some of the faculty of the McCombs School of Business with a number of outstanding presenters and discussants from other finance entities focusing on selected topics of timely interest. This will provide a focus on a number of areas of cutting edge research. Our emphasis will be on areas with important practical significance by leading researchers in finance.
Sunday, October 26th – Reception/Dinner
Rowling Hall Building
Guadalupe Room, 4th floor
5:00pm – 5:30pm Reception
5:30pm – 7:00pm Dinner
6:00pm Opening remarks
Laura Starks, University of Texas at Austin, Keynote speaker
Active ETFs and Competition in the Delegated Asset Management Industry
Monday, October 27th
Conference Center – M2 Level
8:00am – 9:00am – Breakfast – Tejas Conference Dining (M2 level)
Opening remarks: Gifford Fong, JOIM
Moderator: Clemens Sialm, University of Texas at Austin
General Sessions – Amphitheater 204 (M2 level)
9:00am -10:15am – Mark Kritzman, Windham Capital Management and David Turkington, State Street Associates
The Fallacy of Name Concentration
Discussant: Sharon Hill, Vanguard
10:15am – 10:30am – break
10:30am – 11:45pm – Mike Bessell, Invesco
Public versus Private Real Estate: Portfolio Construction Considerations
Discussant: Dale Rosenthal, Parametric
11:45am– 1:00pm – Lunch – Tejas Conference Dining (M2 level)
1:00pm – 2:00pm – David Booth, Dimensional Fund Advisors
Fireside chat moderated by Sheridan Titman, University of Texas at Austin
2:00pm – 2:30pm – break
2:30pm -3:45pm – Keith Brown, University of Texas at Austin
Following the Leader: Comparing Asset Allocation Strategies and Performance for Endowment Funds and Pension Funds
Discussant: Vivek Anand, Deutsche Bank
4:00pm – 5:30pm – Reception – Amphitheater Patio
sponsored by AIM Investment Center, McCombs School of Business
Tuesday October 28th
Conference Center – M2 Level
7:00am – 8:00am – Breakfast – – Tejas Conference Dining (M2 level)
Moderator: Robert Michaud, New Frontier Advisors
General Sessions – Amphitheater 204 (M2 level)
8:00am -9:15am – Clemens Sialm, University of Texas at Austin
The Geography of Savings Opportunities in Retirement Plans
Discussant: Kaitlin Hendrix, Dimensional
9:15am – 9:30am – break
9:30am – 10:45am John Griffin, University of Texas at Austin
Are Crypto Anti-Money Laundering Laws Effective?
Discussant: Sanjiv Das, Santa Clara University
10:45am – 11:00am – break
11:00am – 12:15pm – Gerard Garvey, BlackRock
Valuation of Asset Management Firms: Liquid vs Illiquid Alts and Management vs Performance Fees
Discussant: Vineer Bhansali, LongTail Alpha
A very special thanks to the Advisory Council:
