2020 Consortium on Asset Management

Co-hosted by the Centre for Endowment Asset Management (CEAM) and Financial Management Association (FMA), 2020 Consortium on Asset Management took place on 24 February 2020 at Clare College Cambridge. 

The Consortium brought together academics and practitioners working in the field of asset management. Six new and yet unpublished research papers were presented and discussed. A keynote was provided by Nick Bollen, Frank K Houston Professor of Finance and Faculty Director at Vanderbilt University. At the end of the workshop, the winner for the best paper prize has been identified, presented with an award and a financial prize from CEAM.

The Consortium Co-Chairs were as follows:

  • David Chambers, Reader in Finance, University of Cambridge and Academic Director, Centre for Endowment Asset Management (CEAM)
  • Mark Hutchinson, Professor and Chair of Finance, University College Cork
  • Mark Mulcahy, Senior Lecturer, University College Cork
  • Pedro Saffi, Reader in Financial Economics, University of Cambridge

View the workshop programme

Event info

Date: 24 February 2020
Location: Clare College, University of Cambridge (more information can be found on the location tab)

At the end of the Consortium, the attendees ranked the papers and with the evaluation of the chairs, two winners for the Best Paper Prize have been selected from the six papers presented:

Research Prize

Weiming (Elaine) Zhang.

Winning Paper 2020 – Weiming (Elaine) Zhang, Jie (Jay) Cao and Xintong (Eunice) Zhan from The Chinese University of Hong Kong and Sheridan Titman from the University of Texas at Austin

Download the paper “ESG Preference and Market Efficiency: Evidence from Mispricing and Institutional Trading”

Huaizhi Chen.

Winning Paper 2020 – Huaizhi Chen, Mendoza College of Business University of Notre Dame, Lauren Cohen, University of Harvard and Umit G. Gurun, the University of Texas at Dallas 

Download the paper “Don’t Take Their Word For It: The Misclassification of Bond Mutual Funds”


The Gillespie Centre, Elton-Bowring Room
Memorial Court, Clare College
Cambridge CB3 9AJ

Travelling to the venue

Getting there by road

Cambridge is linked to London and the M25 by the M11 motorway. Exit at junction 12 for Barton Road or Junction 13 for Madingley Road. Access from the Midlands and North is via the A14 and A1. From whichever direction you approach you should make for the A14 to the north of Cambridge.

Getting there by train

Cambridge is less than an hour away from London by train with frequent departures from King’s Cross and Liverpool Street stations. Some direct services operate from Birmingham, Liverpool, Manchester and Nottingham. Cambridge Station is a 25 minute walk from Clare College, but buses run every eight minutes into centre of Cambridge and taxis are available for hire at Cambridge Station.

Getting there by air

Stansted Airport is located just 30 miles south of Cambridge, is 40 minutes away via the M11 motorway and is the most convenient international airport but there are also regular flights from most European destinations. Heathrow and Gatwick are both approximately two hours away by road or rail, and there are frequent coach connections to Cambridge (Drummer Street Bus Station) from all three airports.

Getting here by coach

There are frequent services between London’s Victoria Coach Station and Drummer Street Bus Station in Cambridge. Most services will terminate from Cambridge Bus Station, from here it is only a five-minute walk to Clare Old Court.