Over the last 30 years, the asset management industry has experienced exceptional growth in size and sophistication. This period has been marked by the emergence of large pools of assets associated with entities such as sovereign wealth funds, public pension plans, and endowed institutions in the not-for-profit sector. These pools of assets play an increasingly important role in ensuring the welfare of the current and future generations of citizens in the countries that have created them.
To promote research on issues that bear on long-term asset management, the National Bureau of Economic Research (NBER), with the support of Norges Bank Investment Management, is holding its fourth annual research conference. The conference, which will be organized by NBER Research Associates Monika Piazzesi of Stanford University and Luis M. Viceira of Harvard Business School, will feature nine paper presentations involving theoretical and applied research on asset allocation, risk, and performance measurement, as well as a keynote address. Summaries of presentations at the 2018 conference on these issues, along with links to summaries of earlier meetings, may be found here.
Topics that will be emphasized at the 2019 conference include, but are not limited to:
- Models of asset allocation and asset liability management
The conference will be held in Cambridge, Massachusetts on Thursday-Friday, May 9-10, 2019. Harvard University Professor John Y. Campbell will deliver the keynote address on Thursday evening, May 9, and the conference will also include two panel discussions on emerging issues in long-term investing.
The conference organizers welcome submissions of both empirical and theoretical research, and encourage submissions from scholars who are early in their careers, who are not NBER affiliates, and who are from groups that are under-represented in the financial economics profession.
To be considered for inclusion on the program, papers must be uploaded here by Sunday, January 13, 2019.
Papers that have already been accepted for publication and that will be published by the time of the conference are not eligible for presentation. Authors chosen to present papers will be notified in February, 2019. The NBER will pay a modest honorarium to the authors of each selected paper, as well as economy class travel and hotel expenses for two authors per paper and for discussants.
Authors will be required to submit a two-page executive summary of their paper, prior to the conference, for posting on the NBER website. Accepted papers may also be included in the NBER working paper series. Questions about this conference may be addressed to firstname.lastname@example.org