Organisation: Department of Finance
-
News
Understanding Alpha Decay with Prof. Julien Pénasse
Learn more“Past performance does not guarantee future results.” It is a common disclaimer used by asset managers, wealth planners and other finance professionals to inform their clientele of the uncertainty of investing. However, the textbook method of studying investment strategies doesn’t account for the market effect that this often-used phrase embodies, what analysts refer to as…
-
News
Anomaly or Possible Risk Factor? Simple-To-Use Tests
Learn moreContrary to basic asset pricing theory, this new work by University of Luxembourg Department of Finance Assistant Professor Benjamin Holcblat, Abraham Lioui (EDHEC Business School) and Michael Weber (Booth School of Business, University of Chicago, CEPR, and NBER) finds that risk alone cannot explain a large majority of variables predicting differences in expected returns.
-
News
Unleashing AI on the Art Market with Roman Kräussl
Learn moreDoes artificial intelligence have a place in such a fickle and quirky environment as the secondary art market? Can an algorithm learn to predict the value assigned to an artwork at auction? These questions, among others, were analysed by a group of researchers including Roman Kräussl, professor with the Department of Finance at the Faculty…
-
News
FDEF researchers receive Real Estate Market Analysis Manuscript Prize
Learn moreProfs Ulf von Lilienfeld-Toal, head of the Department of Finance, and François Koulischer, Assistant Professor within the Department of Finance were recently honoured with a 2021 Real Estate Market Analysis Manuscript Prize from the American Real Estate Society (ARES), an organisation of real estate thought leaders drawn from both practice and academia dedicated to encouraging…
-
News
FDEF award winner Q&A: Boyan Davidov
Learn moreAs the FDEF Award Winner Q&A is coming to an end, we are pleased to present you our last interviewer, Boyan Davidov, Pictet Prize for the best student in Wealth Management Laureate.
-
News
Building sustainable bridges with the industry
Learn moreHaving worked for over 25 years in top management positions for several banks and asset managers in Luxembourg. Patrick Weydert has recently joined the Faculty of Law, Economics and Finance (FDEF) as Partnership Development Officer for the Luxembourg School of Finance (LSF).
-
News
Fostering meaningful industry partners
Learn moreHaving worked for over 25 years in top management positions for several banks and asset managers in Luxembourg. Patrick Weydert has recently joined the Faculty of Law, Economics and Finance (FDEF) as Partnership Development Officer for the Luxembourg School of Finance (LSF). In the following interview Patrick will talk about the importance of academia and…
-
News
In Memory of Sachin S. Vankalas (1983 – 2021)
Learn moreWe are deeply saddened to learn of the sudden passing of Mr. Sachin S. Vankalas, LuxFLAG’s General Manager and part-time lecturer at the Faculty of Law, Economics and Finance.
-
News
Julien Pénasse analyses the effect of artist death on the value of art
Learn moreAround 1660, an Italian art dealer brought bad news to Rembrandt: his painting style was no longer in vogue and sold at lower prices. Soon after, Rembrandt disappeared and had the rumour spread that he had died. As a result, works by a “dead” Rembrandt sold for up to three times the normal price. This…
-
News
Prof. Roman Kräussl gives 2021 global art market outlook
Learn moreEach year, Professor Roman Kräussl, member of the Department of Finance and expert in alternative assets, authors the Manager Magazin’s Kunstindex about the year’s global art market trends. Listing the 50 most popular artists in the world by sales at auctions, Prof. Kräussl highlights upcoming artists as well as the evolving ways in which art…