The conference will focus on a range of theoretical and empirical issues in fund management and performance measurement, including: - Techniques of performance measurement - Performance of investment strategies - Persistence in performance - Style analysis - Hedge fund strategies and...

During the week, participants will study, during morning and afternoon sessions, the theoretical properties of stochastic discount factors, and the empirical asset pricing anomalies that result from this framework, market incompleteness, predictability of asset returns, mutual funds and...