Agenda

Spring JOIM Conference
March 26  – 28, 2023 / UC San Diego

Finance Research Symposium in Honor of Bruce N. Lehmann
Sunday, March 26th
Rady School of Management, UCSD
Otterson Hall,  Second Floor, MPR2

8:30am–9:30am Breakfast
General Sessions
9:30am Opening Remarks, Gifford Fong
Moderator:  Andrew Lo, MIT

9:45am–10:45am  – Diego Kaenzig, Northwestern University
The Unequal Economic Consequences of Carbon Pricing
Discussants: Ravi Bansal, Duke University and Allan Timmermann, UC San Diego

10:45am–11:00am Break

11:00am–12:00pm  – Thomas Ernst, University of Maryland
Payment for Order Flow And Asset Choice
Discussants: Pete Kyle, University of Maryland and Matthew Spiegel, Yale University

12:00pm–1:00pm Lunch

1:00pm–2:00pm  – Alejandro Lopez-Lira, University of Florida
Do Common Factors Really Explain the Cross-Section of Stock Returns?
Discussants: David Modest, Allostery Investments and Richard Roll, Caltech

2:00pm–2:15pm Break

2:15pm–3:15pm  – Tjeerd de Vries, University of California, San Diego
A Quantile Approach to Evaluating Asset Pricing Models
Discussants: Rob Engle, New York University and Andrew W. Lo, MIT

3:15pm–3:30pm Break

3:30pm–4:30pm  – Celebration of Life for Bruce Lehmann

4:30pm–5:30pm Reception

Monday, March 27th  – Tuesday, March 28th
The Ida & Cecil Green Faculty Club, UCSD
Atkinson Pavilion

Monday, March 27th
The Ida & Cecil Green Faculty Club, UCSD
Atkinson Pavilion, Faculty Club
8:00am – 9:00am Breakfast
General Sessions
9:00am – opening remarks: Gifford Fong
Moderator:  Sanjiv Das, Santa Clara University

9:15am -10:15am – Andrew Lo, Massachusetts Institute of Technology, Keynote
Healthcare Finance

10:15am – 10:45am  – Break

10:45am – 12:00am
Robert Engle, New York University
Have Capital Markets Forgotten Sustainability: Portfolios, Greenwashing, Stress Testing, and Long Run Risk?
Discussant:  David Turkington, State Street 

12:00pm – 1:00pm  – Lunch

1:00pm – 2:15pm
Seoyoung Kim, Santa Clara University
The Past, Present, and Future of Decentralized Finance
Discussant:  Andreas Neuhierl, Washington University in St. Louis

2:15pm – 2:45pm – Break

2:45pm -4:00pm
Jay Raol, Invesco
Diversification with Macro Factors: A Case Study of Canadian Pension Plan Investments
Discussant:  Vineer Bhansali, LongTail Alpha, LLC

4:10pm  – Reception

Tuesday, March 28th
 7:30am – 8:30am – Breakfast
General Sessions
Moderator:  Seoyoung Kim, Santa Clara University

8:30am  – Harry Markowitz Award Announcement

8:45am -10:00am
Lisa Goldberg, BlackRock
Is Index Concentration an Inevitable Consequence of Market-Capitalization Weighting?
Discussant:  Cel Kulasekaran, Windham Capital Management

10:00am – 10:15am – Break

10:15m – 11:30am
Ben Meng, Franklin Templeton and Anna Snider, Bank Of America 
A Capital Solution to Climate Change
Discussant:  Yingshan Zhao, AlphaSimplex Group

11:45am – closing remarks

A very special thanks to the Advisory Council: