An exposé of the Asset Management industry
Light lunch provided
The conundrum that we address in this paper is why is active management so strongly supported (and paid) when the evidence suggests that it does nothing for its clients. We first discuss the evidence that provides the supports this statement and then attempt to provide an explanation. In so doing we will consider such topics as whether fund managers are bereft of skills, why lack of skills should not dissuade one from pursuing a career in the industry, the principal-agent problems that plague the industry and many more.
Date: 6 June 2017, 12:30 (Tuesday, 7th week, Trinity 2017)
Venue: St Antony's College - North Site
Venue Details: Seminar Room, European Studies Centre, 70 Woodstock Road, Oxford OX2 6HR
Speaker: Ron Bird (University of Technology Sydney)
Organising department: European Studies Centre
Organiser: Julie Adams (St Antony's College, University of Oxford)
Organiser contact email address: julie.adams@sant.ox.ac.uk
Hosts: David Vines (Balliol College, University of Oxford), Adam Bennett (St Antony's College, University of Oxford)
Part of: Political Economy of Financial Markets (PEFM)
Booking required?: Not required
Audience: Public
Editor: Julie Adams