Cash may be king but at what cost?

This year’s conference, on October 1-2, is for invitees only but UTS’s Professor Ron Bird says interested industry practitioners should contact the UTS School of Finance and Economics for details. One of the star presenters this year is the well-known behavioural finance expert Nicholas Barberis, of Yale University, who will speak on ‘Are Markets Efficient and Does it Matter?’

Professor Dimitri Vayonas and Dr Paul Woolley, both of the London School of Economics, will address: ‘An Institutional Theory of Momentum and Reversal’. Woolley, a former funds manager with GMO in London, has provided most of the funding for the Centre. Information, email: Yvonne.Gray@UTS.edu.au

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Shield, First Guardian reforms must not become a covert operation to restrict competition

There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.

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