Spring 2025 Agenda

March 22-24, 2026 / Haas School of Business
University of California, Berkeley
2220 Piedmont Avenue, Berkeley, CA

Sunday, March 22nd – Reception/Dinner
Spieker Forum, 6th Floor – Chou Hall, Haas School of Business
5:00pm – 5:30pm  – Reception
6:00pm – 7:00pm  – Dinner
6:00pm  – Opening remarks
Ron Kahn, BlackRock; Keynote speaker

Monday, March 23rd
Spieker Forum, 6th Floor – Chou Hall, Haas School of Business
7:30am – 8:30am  – breakfast

General Session
8:30am – 9:45am  – Andrew Lo, Massachusetts Institute of Technology (MIT)

9:45am – 10:00am  – break

10:00am – 11:15am  – Kay Giesecke, Stanford University
Learning Illiquid Asset Prices

11:15am– 12:15pm  – lunch

12:15pm – 1:30pm  – Martin Lettau, University of California, Berkeley
High Dimensional Factor Models and the Factor Zoo

1:30pm – 1:45pm  – break

1:45pm -3:00pm  – Eben Lazarus, University of California, Berkeley
Interest Rates and Equity Valuations
Discussant: Robert Turley, Dodge and Cox

3:00pm – 3:15pm  – break

3:15pm – 4:30pm  – Lisa, Goldberg, BlackRock

4:30pm – 6:00pm  – Reception

Tuesday, March 24th
Spieker Forum, 6th Floor – Chou Hall, Haas School of Business
7:00am – 8:00am  – breakfast

General sessions

8:00am – 9:15am  – John Mulvey, Princeton University
Reinforcement Learning for Enhanced Investment Performance,
Opportunities and Challenges

9:15am – 9:30am  – break

9:30am – 10:45am  – Terry Hendershott, University of California, Berkeley
All-to-All Liquidity in Corporate Bonds

10:45am – 11:00am  – break

11:00am – 12:15pm  – Ananth Madhavan, University of California, Berkeley
Can Bonds Still Diversify Multi-Asset Portfolios? Income versus Duration in Distinct Correlation Regimes