Latest news:

April 15, 2025: The paper Career Concerns, Short-Termism, and Real Options: The Case of Delegated Money Management is conditionally accepted by the Journal of Finance.

Past news:

June 16, 2024: The paper Beyond Performance: Mutual Funds, Non-Alpha Services, and the Value of Financial Advisors receives the Best Paper Award at Financial Management & Accounting Research Conference (FMARC) 2024.

June 4, 2024: The paper A Horizon Based Decomposition of Mutual Fund Value Added using Transactions  is published in the Journal of Finance.

Feb 27, 2023: Ran Xing's research on "Explicit and Implicit Value of High-Turnover Investment Strategies" receives the Hans Dalborg Award.