Dear all,
We are glad to announce the 8th European Summer School in Mathematical
Finance, which will be held at Université du Maine in the city of Le
Mans, close to Paris, from August 31st to September 4th 2015.
Main course lectures will be on: Systemic Risk and financial Contagion,
Machine Learning and big data analysis, Hawkes processes in finance.
We invite applications from PhD students and early career researchers.
Grants coverign accommodation and travel expenses will be provided to
selected students.
Please visit the web page of the summer school for more information:
http://www.cmap.polytechnique.fr/~euroschoolmathfi15/euroschoolmathfi15.html
Deadline for applications is April 15h. Please apply online following
the instructions on the web page.
We count on your participation to make this eight summer school a
success, just as the previous editions have been!
Please feel free to circulate this announcement.
With our best regards,
The organising committee
Bruno Bouchard, Stefano De Marco, Laurent Denis, Emmanuel Gobet, Anis
Matoussi, Nizar Touzi
Dear colleagues,
we are pleased to announce a conference on
"Advanced Modelling in Mathematical Finance"
in honour of Ernst Eberlein, taking place in
Kiel from May 20 to 22, 2015.
Details on invited speakers, registration etc. can be
found on www.math.uni-kiel.de/ammf2015 .
Limited financial support is available for young
researchers presenting a poster.
Best regards,
Jan Kallsen and Antonis Papapantoleon
Einladung
Buchpräsentation und Diskussion mit
HANS-WERNER SINN und EWALD NOWOTNY
Di, 13. Jänner 18:00 im Festsaal der ÖAW
1010 Wien, Dr. Ignaz Seipel-Platz 2
Um Anmeldung wird gebeten: event(a)oeaw.ac.at
PROGRAMM
Begrüßung: ANTON ZEILINGER, Präsident der Österreichischen Akademie der Wissenschaften
Einleitung und Moderation: JOSEF ZECHNER, WU Wirtschaftsuniversität Wien und ÖAW
Impulsreferat: HANS-WERNER SINN, Präsident des ifo Instituts München und ÖAW
Diskussionsbeitrag: EWALD NOWOTNY, Gouverneur der Oesterreichischen Nationalbank
Podiumsdiskussion
Allgemeine Diskussion
In seinem jüngsten Werk „The Euro Trap. On Bursting Bubbles, Budgets and Beliefs“ (Oxford University Press, 2014) analysiert der Präsident des Münchner ifo, HANS-WERNER SINN, die Grundlagen der gemeinsamen europäischen Währung. Auf Basis des umfangreichen Materials weist er auf fundamentale Schwächen der Währungskonstruktion hin, kritisiert Rolle und Rettungsmaßnahmen der EZB in der Währungskrise und kommt zu im Sinne des Wortes radikalen Lösungsansätzen.
EWALD NOWOTNY, Gouverneur der Oesterreichischen Nationalbank und Mitglied des Gouverneursrates der EZB, hat sich seit Jahren als Wissenschaftler und Notenbanker mit der europäischen Geldpolitik auseinandergesetzt. Er sieht den Euro als wichtiges Element der europäischen Integration, als Schutzschirm in weltwirtschaftlichen Krisen und als Beitrag zu langfristig größerer wirtschaftlicher Dynamik in Europa.
Dear All,
You are invited to submit papers for the 3rd World Risk and Insurance Economics Congress (WRIEC) to be held at Ludwig-Maximilians-Universität München from August 2 to 6, 2015. The deadline for paper submission is February 2.
To access the Call for Papers, please click here: http://www.wriec.net/call-for-papers/.
Further information can be found on the conference homepage: http://www.wriec.net/.
Should you have any questions, do not hesitate to contact me.
Best regards,
Richard Peter
Jun.-Prof. Dr. Richard Peter, MBR
Munich Risk and Insurance Center (MRIC)
Ludwig-Maximilians-Universität Munich
Tel +49 (0)89 2180 3882
Fax +49 (0)89 2180 99 3882
eMail peter(a)bwl.lmu.de<mailto:peter@bwl.lmu.de>
WWW www.inriver.bwl.lmu.de<http://www.inriver.bwl.lmu.de/>
Dear colleague,
I am pleased to announce the 8th WU Gutmann Center Symposium on "Retirement
and Asset Management" to be held at WU Vienna on August 19, 2015. Please find
the Call for Papers below and here:
http://www.wu.ac.at/gc/whatwedo/bridging/symposia/2015/callforpapers2015.pdf
It would be great if you submit a paper to the Symposium (in case you do
research in this area) and/or forward the Call for Papers to colleagues who
you feel would be interested in submitting a paper.
Many thanks and best regards from Vienna,
Alois
------------------------------------------------
Department of Finance, Accounting and Statistics
WU (Vienna University of Economics and Business)
www.wu.ac.at/~geyer
------------------------------------------------
CALL FOR PAPERS / CONFERENCE ANNOUNCEMENT
WU GUTMANN CENTER SYMPOSIUM 2015
RETIREMENT AND ASSET MANAGEMENT
VIENNA AUGUST 19, 2015
The WU Gutmann Center for Portfolio Management is proud to announce its eighth
symposium to be held at WU (Vienna University of Economics and Business), Austria. The
general topic of the symposium is "Retirement and Asset Management". Papers submitted to the
symposium can address related aspects such as the role of financial institutions, lifetime
investment strategies, saving for future generations, the role of demographics, or financial
literacy, provided they are sufficiently related to the general topic.
Note that the WU Gutmann Center Symposium 2015 will take place on the day before the
42nd Annual Meeting of the European Finance Association (EFA) (www.efa2015.org). Both
conferences will take place on the new WU Campus (www.wu.ac.at/campus/en). The EFA
Annual Meeting opens on August 19 in the evening, after the symposium has been
concluded.
PAPER SUBMISSIONS:
The deadline for paper submissions is March 11, 2015 at midnight CET Central European
Time (Austrian time). After this date, the submission system will be disabled automatically.
Before clicking the link below to enter the online submission system (ConfTool), please
prepare an anonymous version of your paper (i.e. remove all identifying information). You
can upload your paper after creating a ConfTool account. The paper must be in either
Acrobat (*.pdf) or Microsoft Word 2010, 2011 or 2013 (*.docx) format.
Please note that the ConfTool database for the symposium is separate from the one for the
EFA. Therefore you must create a separate account for this submission (although you may
use the same username/password as on the EFA site, if you wish).
Link to paper submissions: https://www.conftool.com/WUGCS2015/
All submissions will be reviewed by a committee composed of members of the WU Gutmann
Center's Academic Advisory Board and decisions will be announced by May 15, 2015.
Submission and participation are free of charge. Accommodation and travel expenses
(economy fare) of presenting authors will be covered by the WU Gutmann Center.
CONTACT
WU Gutmann Center for Portfolio Management
Sabina Krickl
WU (Vienna University of Economics and Business)
Welthandelsplatz 1, 1020 Wien (Vienna), Austria
gutmann-center(a)wu.ac.at
http://www.gutmann-center.at/
---------- Forwarded message ----------
Date: Thu, 27 Nov 2014 15:49:34 +0100
From: summerschoolmathfi <summerschoolmathfi(a)cmap.polytechnique.fr>
Subject: Conference: Challenges in Derivatives Markets
(...)
================================
Conference at TUM (March 30 -- April 01, 2015): Challenges in
Derivatives Markets: Fixed income modeling, valuation adjustments,
risk management, and regulation
================================
Dear colleagues,
it is our pleasure to announce the conference “Challenges in
Derivatives Markets: Fixed income modeling, valuation adjustments,
risk management, and regulation”, for which we would like to invite
you as contributed speaker or visitor. The conference will take place
at Technische Universität München, March 30 – April 01, 2015.
Thanks to our generous sponsor KPMG, the registration fee for the
3-day event is only 155 Euro.
We are especially proud having
· Damiano Brigo,
· Stéphane Crépey,
· Ernst Eberlein,
· John Hull,
· Wolfgang Runggaldier,
· Luis Seco,
· Thorsten Schmidt, and
· Wim Schoutens
among the confirmed speakers. So we are looking forward to an
extraordinary scientific event to which we hope you will contribute
with your presentation/attendance.
The aim of the conference is to provide a venue for practitioners and
academics working with derivatives to present state-of-the-art
research, exchange ideas, and share visions on future developments in
the field. The first focal point of the conference will be on recent
developments in interest-rate modeling and derivatives pricing.
Various types of multi-curve term structure models and especially
post-crisis extensions of the Libor market model will be discussed.
The second focus will be put on counterparty and liquidity risk in a
global derivatives market. Derivative valuation and risk management in
the presence of collateral and liquidity issues will be the central
topics with special regard to valuation adjustments such as CVA
(credit valuation adjustment), DVA (debt valuation adjustment), FVA
(funding valuation adjustment), and other XVAs as well as their
interplay. Emphasis will be put on modeling and pricing, as well as
risk management and regulatory aspects. More information is given on
the website
http://www.mathfinance.ma.tum.de/kpmgce/conference-challenges-in-derivative…
To facilitate the organization of the event, your registration by
December 20, 2014 is highly appreciated. If you are interested in
providing a contributed talk (these will most likely take place on
Wednesday, April 01, 2015), please provide us an abstract/paper of
your presentation.
***
INVITATION
The WU Gutmann Center cordially invites you to the forthcoming
WU GUTMANN CENTER PUBLIC LECTURE
(apologies for duplicated mails!)
************************************************************************
Date: November 12 (Wednesday), 2014, 4:00 pm
Location: Bank Gutmann, Schwarzenbergplatz 16, A-1010 Vienna
Speaker: Prof. Amit Goyal, http://www.hec.unil.ch/agoyal/
Title: Is the Cross-Section of Expected Bond Returns Influenced by Equity Return
Predictors?
ABSTRACT:
Using a comprehensive cross-section and time-series of corporate bond returns assembled
from multiple data sources, we analyze whether commonly analyzed equity return predictors
also predict bond returns. There is a surprisingly strong monthly lead from equity to bond
returns, indicating that new information gets reflected in the equity market first. In
univariate portfolio sorts, net equity issues are positively priced in the bond market,
consistent with the notion that equity is preferred when bond market is undervalued.
Profitability is negatively priced while idiosyncratic equity volatility is positively priced in the
corporate bond market, suggesting that profitable and relatively less volatile firms are more
attractive to bond investors, thus requiring lower returns. Our results indicate that the bond
markets do price risk, but also are susceptible to delayed information transmission relative
to equities. Finally, consistent with a relatively sophisticated institutional clientele, bonds
are efficiently priced in that none of the behaviorally-motivated variables predict returns
after accounting for transactions costs, though some risk-based variables continue to do so.
About Amit Goyal:
Amit Goyal is professor of finance at the University of Lausanne where he holds a senior
chair from the Swiss Finance Institute. Formerly on the faculty of the Goizueta Business
School at Emory University (USA), he has a Ph.D. in Finance from the University of California
at Los Angeles (USA). His research interests are in empirical asset pricing and pension funds.
His papers have been published in a variety of academic journals including the Journal of
Finance, the Journal of Financial Economics, and the Review of Financial Studies. He is the
co-editor of Journal of Financial Markets and an associate editor at the Review of Finance.
**Please REGISTER**:
Mail: gutmann-center(a)wu.ac.at
Phone: +43-1-31336-5238
CONTACT AND FURTHER INFORMATION:
WU Gutmann Center for Portfolio Management WU (Wirtschaftsuniversität Wien)
Department of Finance, Accounting and Statistics
Sabina Krickl
www.gutmann-center.at
Dear colleagues,
I'm very glad to inform you about the first version of the program for the 29th workshop of the AUSTRIAN WORKING GROUP ON BANKING & FINANCE, November 21st until 22nd at WU Wien.
For details please go to http://www.wu.ac.at/finance/events/awg2014_program.
Presenters and discussants will follow the following time schedules:
Presentations with discussion
Presentation: 20 minutes
Discussion: 10 minutes
Questions from the audience: 5 minutes
Presentations without discussion
Presentation: 20 minutes
Questions from the audience: 10 minutes
To guarantee a perfect and smooth run auf our workshop I kindly ask you to register for the workshop and the conference dinner as well http://www.wu.ac.at/finance/events/registration_awg.
Please don't hesitate to contact us for any further questions.
I am looking forward to an inspiring workshop!
With kind regards, Stefan Bogner
----------------------------------------------
Dr. Stefan Bogner, Professor
Vorstand, Department für Finance, Accounting and Statistics
Head, Department of Finance, Accounting and Statistics
WU
Wirtschaftsuniversität Wien
Vienna University of Economics and Business
Welthandelsplatz 1, Building D4, level 4, 1020 Vienna, Austria
[T] +43 1 31336/4242
[F] +43 1 31336/904242
[E] stefan.bogner(a)wu.ac.at<mailto:stefan.bogner@wu-wien.ac.at>
Investment Seminar
INSTITUTIONELLES ASSET MANAGEMENT IM NIEDRIGZINSUMFELD
Montag, 10. November 2014
14.00 Begrüßung: Josef ZECHNER, Professor an der WU Wien
14.15 Makroökonomische und Regulatorische Rahmenbedingungen* (Session 1)
Moderation: Josef ZECHNER
14.15 Bernhard FELDERER
Präsident des Fiskalrates und ehem. Direktor des Instituts für Höhere Studien, Wien
Aktueller Wirtschaftsausblick
14.45 Oskar ULREICH
Abteilungsleiter, Vor-Ort-Prüfung und interne Modelle von Versicherungsunternehmen und Pensionskassen, Finanzmarktaufsicht (FMA), Wien
Markt und Aufsicht(en): Regulatorische Herausforderungen für institutionelle Investoren
15.15 Diskussion
15.30 Pause
16.00 Investment Strategies in low interest environments (Session 2)
Moderation: Thomas DANGL, Professor an der TU Wien
16.00 Raman UPPAL, Professor an der EDHEC Business School, London
Risk-minimizing equity strategies
16.30 Engelbert DOCKNER, Professor an der WU Wien
Bond strategies in a low interest environment
17.00 Institutionelles Asset Management im Niedrigzinsumfeld* (Panel Discussion)
Moderation: Josef ZECHNER
Diskussionsteilnehmer:
Andreas GRÜNBICHLER, CFO, Mitglied des Vorstandes der Bausparkasse Wüstenrot AG und Wüstenrot Versicherungs-AG
Dieter LEHMANN, Leiter Vermögensverwaltung, VolkswagenStiftung, Hannover
Andreas KRETSCHMER, Hauptgeschäftsführer, Ärzteversorgung Westfalen-Lippe
Wir bitten Sie um Anmeldung bis 3. November unter si-researchcenter(a)wu.ac.at
Veranstaltungsort: WU, Gebäude LC, Festsaal 2 (http://gis.wu.ac.at/index.html?roomShow=festsaal%202)
Welthandelsplatz 1, 1020 Wien
Kontakt und weitere Information:
WU, Department of Finance, Accounting and Statistics
Spängler IQAM Research Center, Martina Schlichting
Welthandelsplatz 1, Gebäude D4, 4. Stock, 1020 Wien
Telefon: +43 1 31336 6315
Mail: si-researchcenter(a)wu.ac.at, Web: www.si-researchcenter.at
| Call for papers
|
| 8th Financial Risks International Forum -
| Scenarios, Stress and Forecasts in Finance
|
| Paris, March 30 & 31, 2015
The Financial Risks International Forum on "Scenarios, Stress and
Forecasts in Finance" is an International Research Forum for academics
and professionals organized by The Louis Bachelier "Finance and
Sustainable Growth" Laboratory.
See http://www.financialrisksforum.com/risk2015/ for details.
A complete paper in PDF format must be submitted electronically by
December 1, 2014.
***
Bitte beachten Sie den unten stehenden Call for Papers (Deadline - 03. Oktober 2014)
DEPARTMENT OF FINANCE, ACCOUNTING AND STATISTICS
29. WORKSHOP - AUSTRIAN WORKING GROUP ON BANKING & FINANCE
21. und 22. November 2014, Wien
CALL for PAPERS
Der Workshop findet am Freitag, 21. November 2014, nachmittags, und am Samstag, 22. November 2014, vormittags, an der WU Wien statt.
Bezüglich der Themen gibt es keine Einschränkung. Papers oder Extended Abstracts (ca. zwei Seiten) - vorzugsweise in englischer Sprache - können bis spätestens 3. Oktober 2014 bei Prof. Dr. Stefan Bogner, Department of Finance, Accounting and Statistics, WU Wien, Welthandelsplatz 1, 1020 Wien oder e-mail: stefan.bogner(a)wu.ac.at eingereicht werden. Das Programm wird am 20. Oktober 2014 bekanntgemacht.
Um den Workshop-Charakter der Veranstaltung zu fördern, soll jeder Vortrag durch einen Discussant besprochen wird. Das Finden geeigneter Discussants liegt in der Verantwortung von Prof. Bogner sowie den jeweiligen Session Chairs.
AUSTRIAN WORKING GROUP ON BANKING AND FINANCE
Ziele: Schaffen eines österreichweiten Diskussionsforums für theoretische und empirische Forschungsarbeiten auf dem Gebiet des Bankwesens und der Finanzwirtschaft. Förderung der Zusammenarbeit innerhalb der Hochschulen und der Zusammenarbeit mit der Praxis.
Teilnehmer: Angesprochen sind sowohl der wissenschaftliche Nachwuchs an allen österreichischen Universitäten und verwandten Institutionen der Forschung als auch Praktiker in Kreditinstituten und Finanzabteilungen von Unternehmen.
Schwerpunkte: Arbitrage Pricing - Capital Market Theory - Capital Requirements of Financial - (Auswahl) Intermediaries - Commercial Banking - Contingent Claims Analysis - Corporate Finance - Financial Innovations - Financial Markets Research - International Banking and Finance - Investment Banking - Options and Futures - Performance Measurement - Portfolio Management - Risk Management - Security Analysis.
http://www.wu.ac.at/finance/events/awg2014
**************************************************************************************************
Please note the Call for Papers below (Deadline October 3rd, 2014)
DEPARTMENT OF FINANCE, ACCOUNTING AND STATISTICS
29. WORKSHOP - AUSTRIAN WORKING GROUP ON BANKING & FINANCE
21. and 22. November 2014, Vienna
CALL for PAPERS
The workshop will take place November 21, 2014 (afternoon) und November 22, 2014 (morning) at WU Wien.
Full papers or detailed abstracts in all areas of banking and finance are welcome and have to be submitted by October 3rd , 2014 to Prof. Stefan Bogner, Department of Finance, Accounting and Statistics, WU Wien, Welthandelsplatz 1, 1020 Wien or via e-mail: stefan.bogner(a)wu.ac.at<mailto:stefan.bogner@wu.ac.at>.
Notification of acceptance: October 20, 2014.
Every paper presentation will be supported by a prepared discussion. The assignment of discussants is the responsibility of Prof. Bogner and the respective session chair.
AUSTRIAN WORKING GROUP ON BANKING AND FINANCE
The aim of the Austrian Working Group on Banking and Finance is to generate a discussion forum for theoretical and empirical research in all areas of banking and finance throughout Austria. All researchers (especially also junior researchers) at universities and other research institutions as well as practitioners of the financial industry (including finance departments of industrial and service companies) are highly welcome to submit and present their research. Junior researchers are, e.g. encouraged to present one of their PhD Thesis papers/projects.
Jointly Organized by WU Wien, Department of Finance, Accounting and Statistics, Institute for Finance, Banking and Insurance, Vienna, Austria and Austrian Society for Bank Research (BWG), Vienna, Austria
Topics can include but are not limited to:
Arbitrage Pricing, Behavioral Finance, Capital Market Theory, Capital Requirements of Financial Institutions, Commercial Banking, Contingent Claims Analysis, Corporate Finance, Financial Innovations, Financial Markets Research, Intermediaries, International Banking and Finance, Investment Banking, Options and Futures, Performance Measurement, Portfolio Management, Risk Management, Security Analysis.
http://www.wu.ac.at/finance/en/events/awg2014
Dr. Stefan Bogner, Professor
Vorstand, Department für Finance, Accounting and Statistics
Head, Department of Finance, Accounting and Statistics
WU
Wirtschaftsuniversität Wien
Vienna University of Economics and Business
Welthandelsplatz 1, Building D4, level 4, 1020 Vienna, Austria
[T] +43 1 31336/4242
[F] +43 1 31336/904242
[E] stefan.bogner(a)wu.ac.at<mailto:stefan.bogner@wu-wien.ac.at>
INVITATION
The WU Gutmann Center cordially invites you to the forthcoming
WU GUTMANN CENTER PUBLIC LECTURE
(apologies for duplicated mails!)
************************************************************************
Date: September 30 (Tuesday), 2014, 4:00 pm
Location: Bank Gutmann, Schwarzenbergplatz 16, A-1010 Vienna
Speaker: Prof. Rob Bauer, http://www.maastrichtuniversity.nl/web/Profile/r.Bauer.htm
Title: Responsible Investing: Risk, Opportunity or Distraction? Implications for Institutional
and Private Investors
ABSTRACT:
Responsible Investing (RI) is gaining momentum both in institutional and private asset
management. This lecture will discuss several RI strategies, its potential risk and return
consequences, for a variety of asset classes, and from an institutional investor and a private
investor perspective.
About Rob Bauer:
Rob Bauer is Professor of Finance (chair: Institutional Investors) at Maastricht University
School of Business and Economics in The Netherlands. His academic research is focused on
pension funds, strategic investment policy, mutual fund performance, responsible investing,
shareholder activism and corporate governance. He publishes regularly in professional and
academic journals and is a frequent speaker on national and international conferences. Rob
Bauer is also Director of the European Centre for Corporate Engagement (ECCE) at
Maastricht University, and Executive Director of the International Centre for Pension
Management (ICPM), at the Rotman School of Management, University of Toronto in Canada.
Rob Bauer is also founder and managing director of Rob Bauer Consultants in which he
advises and supports institutional investors on topics related to strategic investments.
**Please REGISTER**:
Mail: gutmann-center(a)wu.ac.at
Phone: +43-1-31336-5238
CONTACT AND FURTHER INFORMATION:
WU Gutmann Center for Portfolio Management WU (Wirtschaftsuniversität Wien)
Department of Finance, Accounting and Statistics
Sabina Krickl
www.gutmann-center.at
Bitte beachten Sie den unten stehenden Call for Papers (Deadline - 22. September 2014)
DEPARTMENT OF FINANCE, ACCOUNTING AND STATISTICS
29. WORKSHOP - AUSTRIAN WORKING GROUP ON BANKING & FINANCE
21. und 22. November 2014, Wien
CALL for PAPERS
Der Workshop findet am Freitag, 21. November 2014, nachmittags, und am Samstag, 22. November 2014, vormittags, an der WU Wien statt.
Bezüglich der Themen gibt es keine Einschränkung. Papers oder Extended Abstracts (ca. zwei Seiten) - vorzugsweise in englischer Sprache - können bis spätestens 22. September 2014 bei Prof. Dr. Stefan Bogner, Department of Finance, Accounting and Statistics, WU Wien, Welthandelsplatz 1, 1020 Wien oder e-mail: stefan.bogner(a)wu.ac.at eingereicht werden. Das Programm wird am 20. Oktober 2014 bekanntgemacht.
Um den Workshop-Charakter der Veranstaltung zu fördern, soll jeder Vortrag durch einen Discussant besprochen wird. Das Finden geeigneter Discussants liegt in der Verantwortung von Prof. Bogner sowie den jeweiligen Session Chairs.
AUSTRIAN WORKING GROUP ON BANKING AND FINANCE
Ziele: Schaffen eines österreichweiten Diskussionsforums für theoretische und empirische Forschungsarbeiten auf dem Gebiet des Bankwesens und der Finanzwirtschaft. Förderung der Zusammenarbeit innerhalb der Hochschulen und der Zusammenarbeit mit der Praxis.
Teilnehmer: Angesprochen sind sowohl der wissenschaftliche Nachwuchs an allen österreichischen Universitäten und verwandten Institutionen der Forschung als auch Praktiker in Kreditinstituten und Finanzabteilungen von Unternehmen.
Schwerpunkte: Arbitrage Pricing - Capital Market Theory - Capital Requirements of Financial - (Auswahl) Intermediaries - Commercial Banking - Contingent Claims Analysis - Corporate Finance - Financial Innovations - Financial Markets Research - International Banking and Finance - Investment Banking - Options and Futures - Performance Measurement - Portfolio Management - Risk Management - Security Analysis.
Daniela Fuchs
_______________________________________________________
Office FAS (D4)
Department of Finance, Accounting and Statistics
WU Wirtschaftsuniversität Wien
Vienna University of Economics and Business
Welthandelsplatz 1, Building D4, Entrance A, 4th floor, 1020 Vienna, Austria
[T] +43 1 31336/4691
[F] +43 1 31336/904691
[E] daniela.fuchs(a)wu.ac.at<mailto:daniela.fuchs@wu.ac.at>
www.wu.ac.at/finance<http://www.wu.ac.at/finance>
---------- Forwarded message ----------
Date: Wed, 13 Aug 2014 09:34:10 +0100 (BST)
From: Xun Yu Zhou <Xun.Zhou(a)maths.ox.ac.uk>
[third party addresses removed by VFN list-admin]
Subject: Nomura Research Fellow at Oxford
Dear colleagues
The Mathematical and Computational Finance Group at Oxford is recruiting a
Nomura Research Fellow. The details can be found at
http://www.maths.ox.ac.uk/node/26208https://www.recruit.ox.ac.uk/pls/hrisliverecruit/erq_jobspec_version_4.jobs…
Please feel free to forward it to anyone who might be interested.
Many thanks indeed.
Regards
Xunyu Zhou
--
Xunyu Zhou
Nomura Professor of Mathematical Finance
Director, Nomura Centre for Mathematical Finance
Mathematical Institute
University of Oxford
Radcliffe Observatory Quarter
Woodstock Road
OX2 6GG Oxford, UK
Email: zhouxy(a)maths.ox.ac.uk
Tel.: +44 1865 280614
Fax: +44 1865 270715
http://people.maths.ox.ac.uk/~zhouxy/
---------- Forwarded message ----------
Date: Fri, 18 Jul 2014 08:43:18 +0200 (CEST)
From: Elyès Jouini <info(a)europlace-finance.com>
To: "vfn-l(a)fam.tuwien.ac.at" <vfn-l(a)fam.tuwien.ac.at>
Subject: Call for research projects_Europlace Institute of Finance_Deadline:
September 10, 2014
[HTML converted to plain text, attachment removed by VFN admin]
EUROPLACE INSTITUTE OF FINANCE
CALL FOR RESEARCH PROJECTS 2014
The Europlace Institute of Finance, a registered Foundation of public
interest, aims to foster synergies between academia in finance and
economics and financial industry professionals (financial
intermediaries, investors and managers, issuers and companies involved
in the financial markets) - in France and in Europe. The Institute's
founders are committed to developing and sustaining such initiatives.
As in previous years, our Foundation is launching a renewed call for
research projects in 2014. This call for projects is intended for all
members of the academic community concerned by financial research,
with no restrictions as to academic disciplines.
In partnership with the Louis Bachelier Laboratory of Excellence, the
Europlace Institute of Finance will fund 15 research projects, each of
which will receive an amount of €10,000.
Selected projects will focus on issues considered to be of major
importance in the current context. These issues are organized around
four themes:
Macroeconomics
Management techniques and modeling
Risks and regulation
Investment and investor behavior
Please see http://www.europlace-finance.net/call2014/Topics_2014.pdf
for a description of the subjects selected for 2014.
Particular attention will be paid to projects involving multiple
teams, and especially those involving European cooperation. The
deadline for submission is on September 10, 2014.
>> Click here to submit your project <<
http://www.europlace-finance.net/cgi-bin/call4prj/project?mode=62
I hope this program will be of great interest to you.
For more information: info(a)europlace-finance.com
Elyès Jouini
Scientific Director
Europlace Institute of Finance
MODUL University Vienna is an international private university owned by
the Vienna Chamber of Commerce and Industry, the largest provider of
private education in Austria. The university campus is located on
Kahlenberg, a scenic hill with a spectacular view of the capital of
Austria. Since 2007, MODUL University Vienna offers cutting-edge
education (BBA, BSc, MSc, MBA and PhD study programs) in the areas of
international management, new media technology, public governance,
sustainable development, and tourism and hospitality management.
Position Announcement - Assistant Professor
MODUL University Vienna is an international university located on top of
Kahlenberg with a panoramic view over the City of Vienna. The Department
of International Management is seeking an outstanding young scholar to
teach undergraduate and graduate courses www.modul.ac.at/study-programs.
The teaching load for this position is five weekly units per semester –
one unit equals 45 minutes in the class room.
*Responsibilities: *
·independent research**
·contributing to research and teaching within the scope of the
department and study program (BsC in International Management)**
·teaching and administrative tasks**
·assisting support activities**
·holding classes and conducting examinations independently**
*What we expect:*
·an outstanding average grade on your university degree and/ or
doctorate in business administration or a related field
·Advanced skills in quantitative research methods, f.e. econometric skills
·a very high standard of English (teaching experience in English is a plus)
·Advanced MS Office skills or equivalent
·Familiar with datasources as f.e. Bloomberg, Amadeus etc.
Salary and Application Process:
The position remains open until filled; the review of applications will
commence in September 2014.MU Vienna offers five-year contracts with the
option to renew after a performance evaluation. The initial salary is
EUR 55,000 before taxes, with additional remuneration for extra teaching
and outstanding scholarship. MU Vienna is an equal opportunity employer
and strongly encourages qualified women to apply. Please send your
application including cover letter, curriculum vitae, list of
publications and statement of research and teaching interest to
katrin.brueckner(at)modul.ac.at (in English; preferably as a single PDF
file not exceeding 8 MB).
link: http://modul.ac.at/uploads/files/user_upload/IM-Assistant_Prof.pdf
+------------------------------------
|
| 2nd European Actuarial Journal (EAJ) Conference
| Vienna, September 10-12, 2014
|
| EAJ Educational Workshop
| Vienna, September 8-9, 2014
|
| http://www.fam.tuwien.ac.at/eaj2014/
|
+-------------------------------------------------------------------
The 2nd European Actuarial Journal (EAJ) Conference (Vienna, September
10-12, 2014) is an international conference in actuarial science and
insurance mathematics. The aim is to bring together practicing actuaries
and academics to discuss about challenging and current topics in
actuarial science. We invite researchers and practitioners to join the
event in the heart of beautiful Austria.
The EAJ Educational Workshop (Vienna, September 8-9, 2014) is a
satellite event of the 2nd EAJ Conference, aimed at both academics and
practitioners and providing a general overview over the past and current
research results and their practical applications.
We are proud to announce to already have registrations from the
following countries:
Algeria - Argentina - Australia - Austria - Belgium - Brazil - China -
Colombia - Denmark - Finland - France - Germany - Greece - Iceland -
Iran - Israel - Italy - Latvia - Netherlands - Norway - Portugal -
Russia - Singapore - Slovenia - Spain - Sweden - Switzerland - Taiwan -
Turkey - Ukraine - United Kingdom - USA
With best regards from the organisers,
Actuarial Association of Austria
Vienna University of Technology
For early registrations until July 25, a discount of 10% is allowed.
Details and Registration for EAJ 2014: http://fam.tuwien.ac.at/eaj2014/
--------------------------------------------------------------------
2nd EAJ Conference 2014
Wednesday, September 10 - Friday, September 12, 2014
EAJ Educational Workshop
Monday, September 8 - Tuesday, September 9, 2014
Website:
http://www.fam.tuwien.ac.at/eaj2014/
Location:
Vienna University of Technology
Wiedner Hauptstr. 8, 1040 Wien, Austria
Organized by:
Actuarial Association of Austria
Vienna University of Technology
Sponsored by (alphabetical order):
arithmetica
Drei-Banken Versicherung
fintegral consulting
Gen Re - General Reinsurance
HDI Versicherung
Milliman
Munich RE - Münchener Rückversicherungs-Gesellschaft
Sparkassen Versicherung - Vienna Insurance Group
Springer-Verlag
http://www.fam.tuwien.ac.at/eaj2014/sponsors.php
Invited Speakers and Talks...
... at the EAJ Conference:
Hansjörg Albrecher (University of Lausanne, CH)
Francesca Biagini (LMU Munich, DE)
Andrew Cairns (Heriot-Watt University, Edinburgh, UK)
Alexander Dotterweich (KPMG, Munich, DE)
Hansjörg Furrer (Swiss Financial Market Supervisory Authority, CH)
Stefan Jaschke (Munich Re, DE)
Claus Mischler (Standard Life, Frankfurt, DE)
Ragnar Norberg (ISFA, Universite Lyon 1, FR)
Daniel Ryan (Swiss Re, London, UK)
Michael Schlögl (Vienna Insurance Group, AT)
Hanspeter Schmidli (University of Cologne, DE)
Mogens Steffensen (University of Copenhagen, DK)
Nele Vandaele (KBC Group, Brussels, BE)
... at the EAJ Educational Workshop:
Carole Bernard (University of Waterloo, CA)
Enrico Biffis (Imperial College Business School, London, UK)
Claudia Czado (Technische Universität München, DE)
Stéphane Loisel (ISFA, Université Lyon 1, FR)
Alfred Müller (University of Siegen, DE)
http://www.fam.tuwien.ac.at/eaj2014/speakers.php
Submission of Contributed Talks & Posters:
The call for posters is open until July 31, 2014.
Submissions of contributed talks is already closed.
http://www.fam.tuwien.ac.at/eaj2014/contributions.php
Participation and Registration:
Registration is possible until August 15, 2014.
For early registrations until July 25, 2014, a discount
of 10% is allowed.
http://www.fam.tuwien.ac.at/eaj2014/registration.php
CPD:
The attendance at EAJ 2014 (full week, Sept. 8-12) may qualify
for up to 29 CPD credits for those delegates whose national
actuarial organization's CPD requirements recognize EAJ 2014.
The EAJ Educational Workshop (Sept. 8-9, 1014) may qualify for up
to 13 CPD credits and the EAJ Conference (Sept. 10-12, 1014)
may qualify for up to 16 CPD credits. See details on:
http://www.fam.tuwien.ac.at/eaj2014/cpd.php
*EINLADUNG*
**
Sehr geehrte Damen und Herren,
ganz herzlich möchten wir Sie auf diesem Weg zu folgender Ausgabe der
Podiumsdiskussionsreihe "Kahlenberger Gespräche" einladen:
*"Impact Investment - ein MUSS für jeden Investor"***Wann:
*Donnerstag**, 12. Juni 2014, 18:30 Uhr*
**Wo: *MODUL University Vienna, Am Kahlenberg 1, 1190 Wien*
**
*Moderation*: Franz Schellhorn, Leiter der Denkfabrik Agenda Austria
*Keynote: *Karl (Charly) Kleissner, Social Impact Investor, Philosoph
und Millionär
Bitte entnehmen Sie nachfolgendem Link detaillierte Informationen zur
Veranstaltung:
*http://www.modulcareer.at/newsevents/kahlenberger-gespraeche/impact-investment.html*
**
Wir bitte um Ihre Anmeldung per E-mail an *ana.todorovic(a)modul.ac.at*
bis 10. Juni 2014.
Wir freuen uns auf Ihr Kommen!
*Hani El-Sharkawi*Leiter MODUL Career
*MODUL University Vienna*Am Kahlenberg 1, 1190 Wien, Austriawww.modul.ac.at
MODUL University Vienna GmbH,HG Wien, FN 277162t, ATU 62643214
--
------------------------------------------------------------------------
*Dr. Margarethe Rammerstorfer *
Associate Professor for Finance
Head of Department
Department of International Management
Program Area Director International Management
*MODUL University Vienna*
Am Kahlenberg 1, 1190 Wien, Austria
T: +43 (1) 3203555 650
F: +43 (1) 3203555 903
margarethe.rammerstorfer(a)modul.ac.at
<mailto:%0A%0Amargarethe.rammerstorfer@modul.ac.at>
www.modul.ac.at
+-----------------------------------------------
|
| 2nd European Actuarial Journal (EAJ)
| Conference & Educational Workshop
|
| Vienna, September 8-12, 2014
|
| http://www.fam.tuwien.ac.at/eaj2014/
|
+----------------------------------------------------------------------
The 2nd European Actuarial Journal (EAJ) Conference (Vienna, September
10-12, 2014) is an international conference in actuarial science and
insurance mathematics. The aim is to bring together practicing actuaries
and academics to discuss about challenging and current topics in
actuarial science. We invite researchers and practitioners to present
their scientific work - the call for contributed talks and posters is
open until June 15, 2014.
The EAJ Educational Workshop (Vienna, September 8-9, 2014) is a
satellite event of the 2nd EAJ Conference, aimed at both academics and
practitioners and providing a general overview over the past and current
research results and their practical applications.
Details and Registration for EAJ 2014: http://fam.tuwien.ac.at/eaj2014/.
-----------------------------------------------------------------------
EAJ Conference 2014
Wednesday, September 10 - Friday, September 12, 2014
EAJ Educational Workshop
Monday, September 8 - Tuesday, September 9, 2014
Conference Website:
http://www.fam.tuwien.ac.at/eaj2014/
Location:
Vienna University of Technology
Wiedner Hauptstr. 8, 1040 Wien, Austria
Organized by:
Actuarial Association of Austria
Vienna University of Technology
Sponsored by (alphabetical order):
arithmetica
Drei-Banken Versicherung
fintegral consulting
HDI Versicherung
Milliman
Munich RE - Münchener Rückversicherungs-Gesellschaft
Sparkassen Versicherung - Vienna Insurance Group
Gen Re - General Reinsurance
Springer-Verlag
(further sponsors are welcome)
http://www.fam.tuwien.ac.at/eaj2014/sponsors.php
Invited Speakers and Talks...
... at the EAJ Conference:
Hansjörg Albrecher (University of Lausanne, CH)
Francesca Biagini (LMU Munich, DE)
Andrew Cairns (Heriot-Watt University, Edinburgh, UK)
Alexander Dotterweich (KPMG, Munich, DE)
Hansjörg Furrer (Swiss Financial Market Supervisory Authority, CH)
Stefan Jaschke (Munich Re, DE)
Claus Mischler (Standard Life, Frankfurt, DE)
Ragnar Norberg (ISFA, Universite Lyon 1, FR)
Daniel Ryan (Swiss Re, London, UK)
Michael Schlögl (Vienna Insurance Group, AT)
Hanspeter Schmidli (University of Cologne, DE)
Mogens Steffensen (University of Copenhagen, DK)
Nele Vandaele (KBC Group, Brussels, BE)
... at the EAJ Educational Workshop:
Carole Bernard (University of Waterloo, CA)
Enrico Biffis (Imperial College Business School, London, UK)
Claudia Czado (Technische Universität München, DE)
Stéphane Loisel (ISFA, Université Lyon 1, FR)
Alfred Müller (University of Siegen, DE)
http://www.fam.tuwien.ac.at/eaj2014/speakers.php
Submission of Contributed Talks & Posters:
The call for contributed talks & posters is open until June 15, 2014.
Acceptance/rejection letters will be sent by July 7 at the latest.
http://www.fam.tuwien.ac.at/eaj2014/contributions.php
Participation and Registration:
Registration is possible until August 15, 2014.
For early registrations until July 15, 2014, a discount
of 10% is allowed.
http://www.fam.tuwien.ac.at/eaj2014/registration.php
CPD:
The attendance at EAJ 2014 (full week, Sept. 8-12) may qualify
for up to 29 CPD credits for those delegates whose national
actuarial organization's CPD requirements recognize EAJ 2014.
The EAJ Educational Workshop (Sept. 8-9, 1014) may qualify for up
to 13 CPD credits and the EAJ Conference (Sept. 10-12, 1014)
may qualify for up to 16 CPD credits. See details on:
http://www.fam.tuwien.ac.at/eaj2014/cpd.php
INVITATION
(apologies for duplicated mails!)
We are pleased to invite you to our next Investment Talk, organized by the Spängler IQAM Research Center. The Center is a joint initiative of TU Vienna (Vienna University of Technology) and WU Vienna University of Economics and Business supported by Spängler IQAM Invest and provides a platform for exchange in the field of asset management between academics, practitioners and the public.
INVESTMENT TALK
Date: Monday, June 2nd, 2014 at 4:30 pm
Speaker: PROF. MALCOLM P. BAKER
Topic: "THE LOW RISK ANOMALY: IMPLICATIONS FOR INVESTMENT, ASSET ALLOCATION, AND CORPORATE FINANCE"
ABSTRACT:
One of the basic principles of finance is that, in competitive and efficient markets, investors earn higher average returns only by taking greater risks. Asset classes follow this pattern: Stocks have returned more than bonds, and bonds have returned more than cash. But, within the stock market, the pattern is reversed. Low risk stocks, whether measured by volatility or market beta, have outperformed high risk stocks on average in eighty years of U.S. stock market history and in thirty years of international data. Drawing on his research, Professor Baker will describe the behavioral and institutional explanations for this anomaly and discuss the potential implications for investment, asset allocation, and corporate finance.
ABOUT Malcolm P. Baker:
Prof. Malcolm P. Baker is the Robert G. Kirby Professor of Business Administration at the Harvard Business School and the program director for corporate finance at the National Bureau of Economic Research.
Further information about Malcolm P. Baker: http://www.hbs.edu/faculty/Pages/profile.aspx?facId=10639&facInfo=pub
REGISTRATION IS REQUIRED. We kindly ask to register before May 28th at si-researchcenter(a)wu.ac.at
LOCATION:
WU, Building AD
AD.O.114, Conference room 1
http://gis.wu.ac.at/index.html?roomShow=AD.0.114&setLng=en
Welthandelsplatz 1, 1020 Vienna
CONTACT AND FURTHER INFORMATION:
WU, Institute for Finance, Banking and Insurance
att. Martina Schlichting
Welthandelsplatz 1, Building D4, Level 4
1020 Vienna
Phone: +43 1 31336 6315
Mail: si-researchcenter(a)wu.ac.at, Web: www.si-researchcenter.at
DEPARTMENT OF FINANCE, ACCOUNTING AND STATISTICS
29. WORKSHOP - AUSTRIAN WORKING GROUP ON BANKING & FINANCE
21. und 22. November 2014, Wien
First CALL for PAPERS
Der Workshop findet am Freitag, 21. November 2014, nachmittags, und am Samstag, 22. November 2014, vormittags, an der WU Wien statt.
Bezüglich der Themen gibt es keine Einschränkung. Papers oder Extended Abstracts (ca. zwei Seiten) - vorzugsweise in englischer Sprache - können bis spätestens 22. September 2014 bei Prof. Dr. Stefan Bogner, Department of Finance, Accounting and Statistics, WU Wien, Welthandelsplatz 1, 1020 Wien oder e-mail: stefan.bogner(a)wu.ac.at eingereicht werden. Das Programm wird am 20. Oktober 2014 bekanntgemacht.
Um den Workshop-Charakter der Veranstaltung zu fördern, soll jeder Vortrag durch einen Discussant besprochen wird. Das Finden geeigneter Discussants liegt in der Verantwortung von Prof. Bogner sowie den jeweiligen Session Chairs.
AUSTRIAN WORKING GROUP ON BANKING AND FINANCE
Ziele: Schaffen eines österreichweiten Diskussionsforums für theoretische und empirische Forschungsarbeiten auf dem Gebiet des Bankwesens und der Finanzwirtschaft. Förderung der Zusammenarbeit innerhalb der Hochschulen und der Zusammenarbeit mit der Praxis.
Teilnehmer: Angesprochen sind sowohl der wissenschaftliche Nachwuchs an allen österreichischen Universitäten und verwandten Institutionen der Forschung als auch Praktiker in Kreditinstituten und Finanzabteilungen von Unternehmen.
Schwerpunkte: Arbitrage Pricing - Capital Market Theory - Capital Requirements of Financial - (Auswahl) Intermediaries - Commercial Banking - Contingent Claims Analysis - Corporate Finance - Financial Innovations - Financial Markets Research - International Banking and Finance - Investment Banking - Options and Futures - Performance Measurement - Portfolio Management - Risk Management - Security Analysis.
**************************************************************************************************
DEPARTMENT OF FINANCE, ACCOUNTING AND STATISTICS
29. WORKSHOP - AUSTRIAN WORKING GROUP ON BANKING & FINANCE
21. and 22. November 2014, Vienna
First CALL for PAPERS
The workshop will take place November 21, 2014 (afternoon) und November 22, 2014 (morning) at WU Wien.
Full papers or detailed abstracts in all areas of banking and finance are welcome and have to be submitted by September 22, 2014 to Prof. Stefan Bogner, Department of Finance, Accounting and Statistics, WU Wien, Welthandelsplatz 1, 1020 Wien or via e-mail: stefan.bogner(a)wu.ac.at<mailto:stefan.bogner@wu.ac.at>.
Notification of acceptance: October, 20, 2014.
Every paper presentation will be supported by a prepared discussion. The assignment of discussants is the responsibility of Prof. Bogner and the respective session chair.
AUSTRIAN WORKING GROUP ON BANKING AND FINANCE
The aim of the Austrian Working Group on Banking and Finance is to generate a discussion forum for theoretical and empirical research in all areas of banking and finance throughout Austria. All researchers (especially also junior researchers) at universities and other research institutions as well as practitioners of the financial industry (including finance departments of industrial and service companies) are highly welcome to submit and present their research. Junior researchers are, e.g. encouraged to present one of their PhD Thesis papers/projects.
Jointly Organized by WU Wien, Department of Finance, Accounting and Statistics, Institute for Finance, Banking and Insurance, Vienna, Austria and Austrian Society for Bank Research (BWG), Vienna, Austria
Topics can include but are not limited to:
Arbitrage Pricing, Behavioral Finance, Capital Market Theory, Capital Requirements of Financial Institutions, Commercial Banking, Contingent Claims Analysis, Corporate Finance, Financial Innovations, Financial Markets Research, Intermediaries, International Banking and Finance, Investment Banking, Options and Futures, Performance Measurement, Portfolio Management, Risk Management, Security Analysis.
INVITATION
We are pleased to invite you to our next Investment Talk, organized by the Spängler IQAM Research Center. The Center is a joint initiative of TU Vienna (Vienna University of Technology) and WU Vienna University of Economics and Business supported by Spängler IQAM Invest and provides a platform for exchange in the field of asset management between academics, practitioners and the public.
INVESTMENT TALK
DATE: Monday, June 2nd, 2014 at 4:30 pm
SPEAKER: Prof. MALCOLM P. BAKER
TOPIC: "The Low Risk Anomaly: Implications for Investment, Asset Allocation, and Corporate Finance"
ABSTRACT:
One of the basic principles of finance is that, in competitive and efficient markets, investors earn higher average returns only by taking greater risks. Asset classes follow this pattern: Stocks have returned more than bonds, and bonds have returned more than cash. But, within the stock market, the pattern is reversed. Low risk stocks, whether measured by volatility or market beta, have outperformed high risk stocks on average in eighty years of U.S. stock market history and in thirty years of international data. Drawing on his research, Professor Baker will describe the behavioral and institutional explanations for this anomaly and discuss the potential implications for investment, asset allocation, and corporate finance.
ABOUT Malcolm P. Baker:
Prof. Malcolm P. Baker is the Robert G. Kirby Professor of Business Administration at the Harvard Business School and the program director for corporate finance at the National Bureau of Economic Research.
Further information about Malcolm P. Baker: http://www.hbs.edu/faculty/Pages/profile.aspx?facId=10639&facInfo=pub
Registration is required. We kindly ask to register before May 28th at office(a)si-researchcenter.at
Location:
WU, Building AD
AD.O.114, Conference room 1
http://gis.wu.ac.at/index.html?roomShow=AD.0.114&setLng=en
Welthandelsplatz 1, 1020 Vienna
Contact and further information:
WU, Institute for Finance, Banking and Insurance
att. Martina Schlichting
Welthandelsplatz 1, Building D4, Level 4
1020 Vienna
Phone: +43 1 31336 6315
Mail: office(a)si-researchcenter.at, Web: www.si-researchcenter.at
+------------------------------------------
|
| Teenage Think Tank
| http://www.teenagethinktank.at/
|
+------------------------------------------------------
Die Initiative "Teenage Think Tank" startet am 25. April 2014 und hat
sich das Ziel gesetzt interessierten SchülerInnen den praktischen Nutzen
von Mathematik in der Wirtschaft aufzuzeigen. Möglich wird das durch die
Kooperation mit der Technischen Universität Wien, dem Stadtschulrat für
Wien und dem Science Center Netzwerk.Reale Probleme aus Wirtschaft und
Gesellschaft durch innovative Ansätze mit mathematischen Methoden lösen
- nicht weniger ist der Anspruch des Teenage Think Tank. Ermöglicht
werden soll dies durch einen generationenübergreifenden
Wissensaustausch. In den angebotenen Workshops wird die Plattform
geboten, um die Ideen der Teenager zu sammeln und gemeinsam mit
ExpertInnen weiterzuentwickeln. Die Resultate werden im Anschluss auf
Umsetzungsmöglichkeit und Innovationskraft getestet.
**"Die Ideen der Teenager sind unsere Zukunft"**
ist Mitinitiator Bernhard Kronfellner überzeugt.
**Ideen fördern - erarbeiten - testen**
Mathematik zählt noch immer nicht zu den meistgenannten Lieblingsfächern
in der Schule. Dennoch ist der Bedarf an kompetenten MathematikerInnen
in der Wirtschaft hoch. Um ein Bindeglied zwischen Schulmathematik,
interessierten SchülerInnen und Firmen zu schaffen, wurde der Teenage
Think Tank ins Leben gerufen. Anhand praktischer Probleme, die die
Vortragenden aus ihrem Berufsleben beisteuern, wird der Nutzen von
Mathematik im Alltag erlebbar. Gleichzeitig sehen SchülerInnen, in
welche unterschiedlichen Bereiche eine technisch-naturwissenschaftliche
Ausbildung führen kann. Die Vortragenden der Startworkshops arbeiten
z.B. in den Bereichen Bankenwesen, Medizin oder Rechtswissenschaften.
Von Wirtschaftsseite besteht das Interesse an der Meinung der
Jugendlichen zu aktuellen Fragestellungen. Durch gezielte Einbindung der
Teenager sollen adäquate Lösungen gemeinsam entwickelt werden. Der
Schulmathematik bietet sich die Option den Unterricht durch reale
Beispiele zu erweitern und die konkrete Anwendbarkeit des Erlernten zu
demonstrieren.
**Vernetzung erwünscht**
Neben den Workshop-Terminen - in Folge sollen ein bis zwei pro Semester
stattfinden - steht eine App zur Vernetzung zur Verfügung. Diese soll
durchgehenden Kontakt zwischen den Beteiligten ermöglichen. Neue Ideen
können eingereicht werden, bestehende Ideen können bewertet werden und
Rechenbeispiele aus der Praxis werden angeboten. Die Ergebnisse aus den
Workshops werden in White Papers veröffentlicht. SchülerInnen haben
somit Ergebnisse parat, die ihr Engagement dokumentieren.
**Teenage Think Tank - Kick off Veranstaltung**
Freitag, 25. April 2014, 15:00 - 19. 30 Uhr
Festsaal der TU Wien Karlsplatz 13, 1040 Wien
Die Teilnahme ist kostenfrei! (Online-Anmeldung erbeten)
Kurzentschlossene interessierte SchülerInnen der Oberstufe sind herzlich
eingeladen!
Webtipp: http://www.teenagethinktank.at/
**Rückfragehinweise:**
Prof. Manfred Kronfellner
Institut für Diskrete Mathematik und Geometrie
Technische Universität Wien
Wiedner Hauptstraße 8-10, 1040 Wien
M +43-699-19384561
manfred.kronfellner(a)tuwien.ac.at
[Text von
http://www.tuwien.ac.at/aktuelles/news_detail/article/8749/?no_cache=1 ]
INVITATION
The WU Gutmann Center cordially invites you to the forthcoming
WU GUTMANN CENTER PUBLIC LECTURE
(apologies for duplicated mails!)
************************************************************************
Date: APRIL 8 (Tuesday), 2014, 4:00 pm
Location: Bank Gutmann, Schwarzenbergplatz 16, A-1010 Vienna
Speaker: Prof. Susan Christoffersen, University of Toronto, Rotman School of Management
http://www.rotman.utoronto.ca/FacultyAndResearch/Faculty/FacultyBios/Christ…
x
Title: On the demand for high-beta stocks: Evidence from mutual funds
ABSTRACT:
Prior studies have documented that pension plan sponsors rigorously monitor a fund´s
performance relative to a benchmark. We use a first-difference approach to causally show
that in an effort to beat benchmarks, fund managers controlling large pension assets reduce
fees and increase their exposure to higher risk (high-beta) stocks. Managers increase beta
without affecting tracking error because they strategically substitute low-beta stocks for
high-beta stocks with low idiosyncratic volatility. The findings support theoretical conjectures
that benchmarking pressures increase demand for high-beta stocks and help to explain their
abnormally low returns. Managerial risk-taking responses to benchmarking pressures
complicate financial planning for investors as portfolio risk increases with the amount of
retirement money managed in the mutual fund.
About Susan Christoffersen:
Susan Christoffersen is an Associate Professor of Finance. Her research focuses on mutual
funds and the role of financial institutions in capital markets. She has published in top
finance journals and cited in The New York Times, International Herald Tribune, Bloomberg
News Service, and The Wall Street Journal. Susan has received grants from SSHRC, IFM2,
and FQRSC and research awards from Q-Group, Bank of Canada, BSI Gamma Foundation,
INQUIRE, and the Swiss Finance Institute. Susan was awarded the Limited Term
Professorship by the Canadian Securities Institute Research Foundation in 2005.
**Please REGISTER**:
Mail: gutmann-center(a)wu.ac.at
Phone: +43-1-31336-5238
CONTACT AND FURTHER INFORMATION:
WU Gutmann Center for Portfolio Management WU (Wirtschaftsuniversität Wien)
Department of Finance, Accounting and Statistics
Sabina Krickl
www.gutmann-center.at
INVITATION
(apologies for duplicated mails!)
We are pleased to invite you to our next Investment Talk, organized by the Spängler IQAM Research Center. The Center is a joint initiative of TU Vienna (Vienna University of Technology) and WU Vienna University of Economics and Business supported by Spängler IQAM Invest and provides a platform for exchange in the field of asset management between academics, practitioners and the public. Both the topic and the speaker for our next event are particularly interesting. We will be discussing the risk and return characteristics of five long-established Bordeaux wines, with price histories that go back more than 100 years. Our speaker is Professor Elroy Dimson, who is well-known for his important contributions in the field of asset management, such as his work on estimating betas or his work on risk premia in the stock markets.
INVESTMENT TALK
Date: Wednesday, March 19, 2014 - 4 pm
Speaker: PROF. ELROY DIMSON
Topic: "THE PRICE OF WINE"
ABSTRACT:
We examine the impact of aging on wine prices and the performance of wine as a long-term investment using a unique historical database for five long-established Bordeaux wines that we construct from auction and dealer prices. We estimate the life-cycle price patterns with a regression model that avoids multicollinearity between age, vintage year, and time by replacing vintage effects with annual data on production yields and weather quality. In line with the predictions of an illustrative model, we observe the highest appreciation rates for young high-quality wines that are still maturing. Our results also suggest that owners of famous wines receive non-pecuniary benefits-especially for old bottles-even though this "psychic" dividend is probably small relative to financial returns. Using an arithmetic repeat-sales regression, we estimate an annualized real financial return to wine investments (net of insurance and storage costs) of 4.1% between 1900 and 2012. Wine returns are lower than equity returns but positively correlated with them, yet wine does outperform government bonds, art, and stamps. We note that the historical returns on wine documented here may have exceeded ex ante expectations.
ABOUT ELROY DIMSON:
Elroy Dimson co-directs the Centre for Endowment Asset Management at Cambridge Judge Business School, chairs the Strategy Council for the Norwegian Government Pension Fund, chairs the Policy Committee for FTSE Group, and is Emeritus Professor of Finance at London Business School. His publications include Triumph of the Optimists, Endowment Asset Management, and the Global Investment Returns Yearbook. He has been an Associate Editor of Journal of Finance, Review of Finance and other journals.
A co-designer of the FTSE 100 index, Elroy chairs FTSE's advisory board and serves on the Financial Analysts Journal board. He is on the investment committees of Guy's & St Thomas' Charity and the Foundation for Social Entrepreneurs. He is past president of the European Finance Association, and Honorary Fellow of the CFA Society of the UK (FSIP) and of the Institute of Actuaries. He recently received the CFA Institute's James Vertin award, the Moskowitz prize, and the Bernstein Fabozzi/Jacobs Levy award.
REGISTRATION IS REQUIRED. We kindly ask to register before March 10th at office(a)si-researchcenter.at
LOCATION:
WU, Building LC (Library & Learning Center),
Festsaal 1 (http://gis.wu.ac.at/index.html?roomShow=LC.0.100)
Welthandelsplatz 1, 1020 Vienna
Contact and further information:
WU, Institute for Finance, Banking and Insurance
att. Martina Schlichting
Welthandelsplatz 1, Building D4, 4th Floor
1020 Vienna
Phone: +43 1 31336 6315
Mail: office(a)si-researchcenter.at, Web: www.si-researchcenter.at