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KCFR Funded Research

2024 Projects

 

Benchmarking Benchmarks in the Pension Fund Industry
(Richard Evans, University of Virginia, Juan-Pedro Gomez, IE University, Linlin Ma, Peking Univeristy, Yuehua Tang, University of Florida)
Rethinking Private Markets as an Asset Class
(Gregory Brown, Christian Lundblad, UNC Chapel Hill)

Designing ESG Benchmarks
(Anil Kashyap, University of Chicago, Natalia Kovrijnykh, Arizona State University, and Anna Pavlova, London Business School)

2023 Projects

 

Portfolio Design Issues for Institutional Investors: Asset Allocation in Public and Private Markets, Active Management, and Portfolio Concentration
(Profs Keith Brown, University of Texas, and Christian Tiu, University at Buffalo)
Choosing Pension Fund Investment Consultants
(Aleksander Andonov, University of Amsterdam, Matteo Bonetti, De Nederlandsche Bank, and Irina Stefanescu, Federal Reserve Board)

The Rise of Alternatives
(Juliane Begenau, Stanford GSB, Pauline Liang, Stanford GSB) and Emil Siriwardane (Harvard Business School)

2022 Projects

 

The Cost of ESG Investing
(Laura Lindsey, Seth Pruitt, and Christoph Schiller, Arizona State University)
Is There a Performance Penalty to Sustainable Bond Investing
(Ji Min Park and Neil D. Pearson, University of Illinois)

The Cost of Sustainable Investing
(Hao Jiang, Michigan State University)

2021 Projects

 

Real Effects of Environmental Activist Investing
(S. Lakshmi Naaraayanan, London Business School; Kunal Sachdeva, Rice U.; and Varun Sharma, London Business School)
The Case for Actively Managed Funds
(Allan Timmermann, UC San Diego and Russell Wermers, U. of Maryland)
Environmental Externalities of Hedge Fund Activism
(Pat Akey, U. of Toronto and Ian Appel, Boston College)

2020 Projects

 

Strategic Asset Allocation
(Redouane Elkahmi, U. of Toronto; Jacky S.H. Lee, HOOPP; and Marco Salerno, U. of Toronto)
Pension Fund Allocations to Private Equity and Portfolio Risk and Return
(Arthur Korteweg, USC and Stavros Panageas, UCLA)
Diversity and Inclusion and Portfolio Returns: Is there a trade-off?
(Prashant Bharadwaj, Amanda Bauer, and Frances Lu, UC San Diego)
Photo of Meeting