7th SUERF & UniCredit Foundation Research Prize
The first conference organized in Milan by UniCredit Foundation with SUERF under the title "Passive versus Active Asset Portfolio Management: Trends, Drivers, Risks" took place on February 19, 2020
The speakers' interventions explored several aspects of the topic, including the impact of active portfolio management on returns. The rise of low-cost Exchange-Traded Funds (better known as ETFs), FinTech and more has increased pressure on active portfolio managers to demonstrate the value for money of their service. The impact of ETFs on market stability was also investigated.
The event was also an opportunity to award prizes to the winners of the 7th SUERF & UniCredit Foundation Research Prize.
The winners are:
- Maxime Bonelli with the paper "Labor Mobility and Capital Misallocation“
- Heiko Jacobs and Sebastian Mueller with the paper “Anomalies across the globe: Once public, no longer existent?"
- Karamfil Todorov with the paper "Passive Investors Actively Impact Prices: Evidence from the Largest ETF Markets"