Carey Professor Wins Honorable Mention in Capital Management Competition
Carey Business School Assistant Professor Nicola Fusari was part of a team whose research earned an honorable mention in the third annual AQR Capital Management competition. This recognizes work on issues facing institutional investors.
Fusari, Ph.D., received this distinction for research titled: “The Risk Premia Embedded in Index Options.” This work was done with Torben G. Andersen, Ph.D. and Viktor Todorov, Ph.D., both from the Kellogg School of Management. Fusari joined the Johns Hopkins Carey Business School in 2013. His research focuses on theoretical and empirical asset pricing with particular attention to derivatives markets and market volatility. His current work explores the information contained in large panels of options for estimating and describing market and variance risk premia dynamics.
To honor and encourage applied innovation in academic research, the AQR Insight Award recognizes important, unpublished papers that provide the most significant new practical insights for tax-exempt institutional or taxable investor portfolios. As many as three papers share a $100,000 prize. The award was first introduced in 2011 to acknowledge and encourage academic research and recognize important and novel work on real issues facing institutional investors.
The deadline for submitting papers for consideration in the fourth annual AQR Insight Award competition is January 15, 2015.
AQR is a global investment management firm built at the intersection of financial theory and practical application. The company strives to deliver superior, long-term results for clients by looking past market noise to identify and isolate what matters most, and by developing ideas that stand up to rigorous testing. The company has focused on practical insights and analysis and has been known as a leader in alternative and traditional strategies since 1998.
As of April 1, 2014, AQR managed $105.1 billion. The firm is based in Greenwich, Connecticut, with offices in Chicago, Los Angeles, London, Sydney and Bermuda.
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Max Pulcini
Max Pulcini is a Philadelphia-based writer and reporter. He has an affinity for Philly sports teams, Super Smash Bros. and cured meats and cheeses. Max has written for Philadelphia-based publications such as Spirit News, Philadelphia City Paper, and Billy Penn, as well as national news outlets like The Daily Beast.
