Ankur Pareek- Home Page
Ankur Pareek
Ankur Pareek
Holmes Associate Professor of Finance
Holmes Associate Professor of Finance
Freeman College of Management
Freeman College of Management
Bucknell University
Bucknell University
Contact Information
Contact Information
Email: ankur.pareek@bucknell.edu
Email: ankur.pareek@bucknell.edu
Tel: 570-577-1814
Tel: 570-577-1814
Research Interests: Empirical Asset Pricing, Mutual Fund Performance, Machine Learning, Behavioral Finance, Political Economy, Emerging Markets
Research Interests: Empirical Asset Pricing, Mutual Fund Performance, Machine Learning, Behavioral Finance, Political Economy, Emerging Markets
Research Papers
Research Papers
1. Short-Term Trading and Stock Return Anomalies: Momentum, Reversal and Share Issuance (joint with Martijn Cremers, Notre Dame), July 2015, Review of Finance 19(4), 1649-1701. Second Prize, Chicago Quantitative Alliance Academic Competition 2010; presented at the 2011 AFA annual meetings, Denver.
1. Short-Term Trading and Stock Return Anomalies: Momentum, Reversal and Share Issuance (joint with Martijn Cremers, Notre Dame), July 2015, Review of Finance 19(4), 1649-1701. Second Prize, Chicago Quantitative Alliance Academic Competition 2010; presented at the 2011 AFA annual meetings, Denver.
2. Patient Capital Outperformance: The Investment Skill of High Active Share Managers Who Trade Infrequently (joint with Martijn Cremers, Notre Dame), November 2016, Journal of Financial Economics 122 (2) , 288-306. Q-Group research award, 2013; Featured in CFA digest; Media coverage: Wall Street Journal, Financial Times, Reuters, Forbes,Time Money Magazine
2. Patient Capital Outperformance: The Investment Skill of High Active Share Managers Who Trade Infrequently (joint with Martijn Cremers, Notre Dame), November 2016, Journal of Financial Economics 122 (2) , 288-306. Q-Group research award, 2013; Featured in CFA digest; Media coverage: Wall Street Journal, Financial Times, Reuters, Forbes,Time Money Magazine
3. Should Business Group be in Finance? Evidence from Indian Mutual Funds (joint with Santosh Anagol, Wharton), June 2019, Journal of Development Economics 139, 229-248, Presented at the 2014 EFA annual meeting, Lugano.
3. Should Business Group be in Finance? Evidence from Indian Mutual Funds (joint with Santosh Anagol, Wharton), June 2019, Journal of Development Economics 139, 229-248, Presented at the 2014 EFA annual meeting, Lugano.
4. Short-Term Investors, Long-Term Investments, and Firm Value (joint with Martijn Cremers, University of Notre Dame and Zacharias Sautner, Frankfurt School of Finance), October 2020, Management Science 66 (10), 4359-4919, Awarded the 2013 IRRC Research Grant, scheduled to be presented at the 2018 AFA annual meeting, Philadelphia.
4. Short-Term Investors, Long-Term Investments, and Firm Value (joint with Martijn Cremers, University of Notre Dame and Zacharias Sautner, Frankfurt School of Finance), October 2020, Management Science 66 (10), 4359-4919, Awarded the 2013 IRRC Research Grant, scheduled to be presented at the 2018 AFA annual meeting, Philadelphia.
5. Limited Attention and Portfolio Choice: The Impact of Attention Allocation on Mutual Fund Performance, November 2020, Financial Management 49 (4), 1083-1125 (joint with Swasti Gupta-Mukherjee, Loyola University Chicago). Presented at the 2013 AFA annual meeting, San Diego.
5. Limited Attention and Portfolio Choice: The Impact of Attention Allocation on Mutual Fund Performance, November 2020, Financial Management 49 (4), 1083-1125 (joint with Swasti Gupta-Mukherjee, Loyola University Chicago). Presented at the 2013 AFA annual meeting, San Diego.
6. Short-Term Institutions, Analyst Recommendations,and Mispricing ( joint with Martijn Cremers, Notre Dame and Zacharias Sautner, Frankfurt School of Finance), June 2021, Journal of Accounting Research 59 (3), 911-958. Presented at the 2015 AFA annual meeting, 2013 EFA annual meeting, Cambridge UK, 2013 SFS Cavalcade Miami.
6. Short-Term Institutions, Analyst Recommendations,and Mispricing ( joint with Martijn Cremers, Notre Dame and Zacharias Sautner, Frankfurt School of Finance), June 2021, Journal of Accounting Research 59 (3), 911-958. Presented at the 2015 AFA annual meeting, 2013 EFA annual meeting, Cambridge UK, 2013 SFS Cavalcade Miami.
7. Trust and Investment Management: The Effects of Manager Trustworthiness on Hedge Fund Investments (joint with Roy Zuckerman, Tel-Aviv University), June 2020. (revise and resubmit, Review of Asset Pricing Studies) Presented at the 2012 AFA annual meeting, Chicago; Media coverage: The Atlantic, Huffington Post, Sydney Morning Herald, Sciencedaily, Mainstreet.
7. Trust and Investment Management: The Effects of Manager Trustworthiness on Hedge Fund Investments (joint with Roy Zuckerman, Tel-Aviv University), June 2020. (revise and resubmit, Review of Asset Pricing Studies) Presented at the 2012 AFA annual meeting, Chicago; Media coverage: The Atlantic, Huffington Post, Sydney Morning Herald, Sciencedaily, Mainstreet.
8. Mutual Fund Ownership Networks:Implications for Stock Returns and Volatility, February 2020 (revise and resubmit, Operations Research) Winner of the Best Paper Award in Asset Pricing at 2010 Midwest Finance Association Conference, presented at 2010 AFA annual meeting,Atlanta.
8. Mutual Fund Ownership Networks:Implications for Stock Returns and Volatility, February 2020 (revise and resubmit, Operations Research) Winner of the Best Paper Award in Asset Pricing at 2010 Midwest Finance Association Conference, presented at 2010 AFA annual meeting,Atlanta.
9. Do Criminal Politicians affect Firm Investment and Value: Evidence from a Regression Discontinuity Approach, , February 2021 (joint with Vikram Nanda, UT Dallas), (revise and resubmit, Review of Corporate Finance Studies, Presented at the 2017 AFA annual meeting,Chicago.
9. Do Criminal Politicians affect Firm Investment and Value: Evidence from a Regression Discontinuity Approach, , February 2021 (joint with Vikram Nanda, UT Dallas), (revise and resubmit, Review of Corporate Finance Studies, Presented at the 2017 AFA annual meeting,Chicago.
10. Women in Politics: The Effect on Board Diversity, September 2021 (joint with Simi Kedia, Rutgers Business School) (scheduled to be presented at the 2021 AFA annual meeting)
10. Women in Politics: The Effect on Board Diversity, September 2021 (joint with Simi Kedia, Rutgers Business School) (scheduled to be presented at the 2021 AFA annual meeting)
Media Coverage
Media Coverage
Project Syndicate, “Are Stock Markets Really Becoming More Short Term”, Feb 11, 2013
Project Syndicate, “Are Stock Markets Really Becoming More Short Term”, Feb 11, 2013
The Atlantic, “The Financial Benefits of Being Beautiful”, Jan 11, 2014
The Atlantic, “The Financial Benefits of Being Beautiful”, Jan 11, 2014
Time Money Magazine: “New Study Identifies the Most Underappreciated Investment Skill”, Jan 5, 2015
Time Money Magazine: “New Study Identifies the Most Underappreciated Investment Skill”, Jan 5, 2015
Mainstreet, “Hiring the Money Manager Based on Good Looks is a Bad Idea”, Jan 22, 2015.
Mainstreet, “Hiring the Money Manager Based on Good Looks is a Bad Idea”, Jan 22, 2015.
Huffington Post, “Good Looks, Bad Advice”, Feb 10, 2015.
Huffington Post, “Good Looks, Bad Advice”, Feb 10, 2015.
Sydney Morning Herald, “Do good looks mean they’ll be good with your money?” March 10, 2015.
Sydney Morning Herald, “Do good looks mean they’ll be good with your money?” March 10, 2015.
Forbes, “How to Avoid the Index Hugging Syndrome”, May 27, 2015.
Forbes, “How to Avoid the Index Hugging Syndrome”, May 27, 2015.
Financial Times, “Active Managers must prove their worth”, June 19, 2015
Financial Times, “Active Managers must prove their worth”, June 19, 2015
Reuters, “Among active managers patience is the principal virtue”, July 21, 2016
Reuters, “Among active managers patience is the principal virtue”, July 21, 2016
Wall Street Journal, “Active vs Passive, choose both”, October 17, 2016
Wall Street Journal, “Active vs Passive, choose both”, October 17, 2016
Honors and Awards
Honors and Awards
University of Nevada-Las Vegas, Lee Business School Teacher of the Year Award 2020
University of Nevada-Las Vegas, Lee Business School Teacher of the Year Award 2020
University of Nevada-Las Vegas, Lee Business School Researcher of the Year Award 2019
University of Nevada-Las Vegas, Lee Business School Researcher of the Year Award 2019
Troesh Center for Entrepreneurship and Innovation Research Grant 2020, 2021
Troesh Center for Entrepreneurship and Innovation Research Grant 2020, 2021
Q-Group (The Institute for Quantitative Research in Finance) Academic Research Grant, 2013
Q-Group (The Institute for Quantitative Research in Finance) Academic Research Grant, 2013
NYU-National Stock Exchange Grant for Study on Indian Financial Markets, 2014
NYU-National Stock Exchange Grant for Study on Indian Financial Markets, 2014
Investor Responsibility Research Center Institute (IRRC) Research Grant, 2013
Investor Responsibility Research Center Institute (IRRC) Research Grant, 2013
Finalist, Panagora Asset Management, Crowell Memorial Prize, 2013
Finalist, Panagora Asset Management, Crowell Memorial Prize, 2013
Rutgers RRC Summer Research Award, 2012
Rutgers RRC Summer Research Award, 2012
Second Prize, Chicago Quantitative Alliance Academic Competition, 2010
Second Prize, Chicago Quantitative Alliance Academic Competition, 2010
Best Paper Award in Asset Pricing- 2010 Midwest Finance Association Conference.
Best Paper Award in Asset Pricing- 2010 Midwest Finance Association Conference.
Yale University, Graduate School Fellowship (2005-2009)
Yale University, Graduate School Fellowship (2005-2009)
Patrick O’Sullivan Scholarship, Department of Accounting and Finance- London School of Economics (2003-2004)
Patrick O’Sullivan Scholarship, Department of Accounting and Finance- London School of Economics (2003-2004)