Patrick Augustin /channels/taxonomy/term/10476/all en Faculty Achievements: Patrick Augustin Associate Professor in Finance appointed Associate Editor Management Science /channels/channels/news/faculty-achievements-patrick-augustin-associate-professor-finance-appointed-associate-editor-357926 <p><img alt="Patrick Augustin" src="/desautels/files/desautels/styles/medium_focal__220_x_220_/public/patrick-augustin-2.jpg?itok=Cef6vaQY" style="width:220px; height:220px; float:left" title="Patrick Augustin" /></p> <p>Congratulations to <strong><a href="/desautels/patrick-augustin">Patrick Augustin</a></strong>, Associate Professor of Finance, for his appointment as Associate Editor of the <i>Management Science.</i></p> Wed, 10 Jul 2024 19:13:35 +0000 webfull 200755 at /channels MCCHE Precision Convergence Webinar Series with Patrick Augustin /channels/channels/event/mcche-precision-convergence-webinar-series-patrick-augustin-350433 <p><img alt="Patrick Augustin" src="/desautels/files/desautels/styles/wysiwyg_medium/public/patrick_augustin.jpg?itok=uaSpX-cy" style="width:160px; height:160px; float:left; margin-left:5px; margin-right:5px" title="Patrick Augus</body></html>" /></p> Fri, 01 Sep 2023 16:30:11 +0000 webfull 191761 at /channels Shadow banking is growing – and it’s a hidden risk to the stability of the financial system /channels/channels/news/shadow-banking-growing-and-its-hidden-risk-stability-financial-system-348650 <p>Shadow banking is playing an increasing role in the financial system. Private equity firms, investment funds and mortgage finance companies all employ alternative lending strategies that are lightly regulated, and Canada’s Office of the Superintendent of Financial Institutions is concerned about how much exposure Canada’s banks have to this type of lender, who are collectively known as non-bank financial intermediaries. Their lending is sometimes backed by derivatives, and if their value falls, the loan collateral could be jeopardized.</p> Wed, 07 Jun 2023 17:51:12 +0000 webfull 190028 at /channels Delve: Cashing in or Losing Big on Cryptocurrency Yield Farms? /channels/channels/news/delve-cashing-or-losing-big-cryptocurrency-yield-farms-348370 <p>If something seems too good to be true, it probably is. Add cryptocurrency yield farms to that list. A complex investment strategy in decentralized finance markets, yield farming advertises eye-popping passively earned returns. While some investors boast impressive returns, for others the risks are unclear or even undisclosed before they invest, and the advertised returns never materialize.</p> Wed, 17 May 2023 16:01:46 +0000 webfull 189693 at /channels Recap of DGFRC-sponsored finance workshop /channels/channels/news/recap-dgfrc-sponsored-finance-workshop-347702 <p>The 10th HEC-ƻԺ Winter Finance Workshop took place from March 26-28, 2023, in Ischgl, Austria, in collaboration with the Faculty of Law, Economics and Finance (FDEF) at the University of Luxembourg. This year’s conference, once again sponsored by the <a href="//www.mcgill.ca/desautels/research/centres/dgfrc">Desmarais Global Finance Research Centre (DGFRC)</a>, brought together academics and researchers from around the world to present their latest work in all areas of finance, including interdisciplinary work in law and finance, sustainability, and new financial technologies.</p> Wed, 12 Apr 2023 15:49:51 +0000 webfull 188926 at /channels Desautels researchers celebrated at Bravo 2023 /channels/channels/news/desautels-researchers-celebrated-bravo-2023-347495 <p>ƻԺ hosted its annual Bravo gala on Thursday March 30, which honours its researchers and scholars who have won special awards, memberships and prizes over the past year. Amongst the distinguished honourees from ƻԺ Desautels are <a href="//www.mcgill.ca/desautels/samer-faraj">Samer Faraj</a>, Professor and Canada Research Chair in Technology, Innovation & Organizing (Distinguished Scholar Award), <a href="//www.mcgill.ca/desautels/warut-khern-am-nuai">Warut Khern-am-nuai</a>, Associate Professor, Information Systems (Sandra A.</p> Thu, 30 Mar 2023 19:34:01 +0000 webfull 188714 at /channels Prof. Augustin's paper wins 2022 Global AI Finance Research Conference Best Paper Award /channels/channels/news/prof-augustins-paper-wins-2022-global-ai-finance-research-conference-best-paper-award-344762 <p>Congratulations to <a href="//www.mcgill.ca/desautels/patrick-augustin">Patrick Augustin</a>, Associate Professor in Finance, whose paper with co-authors Roy Chen-Zhang and Donghwa Shin (both with the University of North Carolina at Chapel Hill) titled “Reaching for Yield in Decentralized Financial Markets” has been awarded the 2022 Global AI Finance Research Conference Best Paper Award. The award was announced at the annual Global AI Finance Research Conference in Singapore on December 12th, 2022.</p> Fri, 06 Jan 2023 16:47:46 +0000 webfull 185837 at /channels Professor Augustin receives Bank of Canada Governor’s Award /channels/channels/news/professor-augustin-receives-bank-canada-governors-award-338866 <p>Congratulations to <a href="//www.mcgill.ca/desautels/patrick-augustin"><strong>Patrick Augustin</strong></a>, Associate Professor of Finance, who received the Bank of Canada Governor’s Award.</p> Mon, 04 Apr 2022 15:34:42 +0000 webfull 179347 at /channels DGFRC-sponsored finance workshop concludes successfully /channels/channels/news/dgfrc-sponsored-finance-workshop-concludes-successfully-338856 <p>The 9th edition of HEC-ƻԺ Winter Finance Workshop as a special edition in collaboration with Goethe University successfully concluded on March 29, 2022. The conference, sponsored by the <strong>Desmarais Global Finance Research Centre</strong>, took place March 27-29 in Ischgl, Austria, and featured presentations of academic papers in all areas of finance, including interdisciplinary work in law and finance.</p> Fri, 01 Apr 2022 19:36:59 +0000 webfull 179334 at /channels Professor Augustin appointed Associate Editor of the Journal of Banking and Finance /channels/channels/news/professor-augustin-appointed-associate-editor-journal-banking-and-finance-337193 <p>Congratulations to <strong><a href="//www.mcgill.ca/desautels/patrick-augustin">Patrick Augustin</a></strong>, Associate Professor of Finance, for his appointment as Associate Editor of the <i>Journal of Banking and Finance.</i></p> Thu, 27 Jan 2022 23:27:01 +0000 webfull 177369 at /channels Patrick Augustin, Associate Professor of Finance, awarded Canada Research Chair in Macrofinance and Derivatives /channels/channels/news/patrick-augustin-associate-professor-finance-awarded-canada-research-chair-macrofinance-and-331562 <p>Professor <strong><a href="//www.mcgill.ca/desautels/patrick-augustin">Patrick Augustin</a></strong>’s research program seeks to foster our understanding of financial markets and public institutions, focusing on sovereign and corporate credit risk, insider trading, and new financial technologies. As these subjects are fundamental to the stability of financial markets and modern economic society, the proposed research is instrumental in guiding public policy design.</p> Wed, 16 Jun 2021 16:14:13 +0000 webfull 171176 at /channels Volmageddon and the Failure of Short Volatility Products /channels/channels/news/volmageddon-and-failure-short-volatility-products-331398 <p><strong>Authors: <a href="//www.mcgill.ca/desautels/patrick-augustin">Patrick Augustin</a></strong>, I-H. Cheng and L. Van den Bergen<br /><br /><strong>Publication: </strong><em>Financial Analysts Journal</em>, Forthcoming; First published online May 20, 2021<br /><br /><strong>Abstract:</strong></p> Tue, 08 Jun 2021 13:58:05 +0000 webfull 170987 at /channels Delve - "New Normal" podcast: COVID-19, Ethics, and Stock Tips with Patrick Augustin /channels/channels/news/delve-new-normal-podcast-covid-19-ethics-and-stock-tips-patrick-augustin-331314 <p>In episode 4 of <strong>The </strong>‘<strong>New Normal</strong>’ hosted by <strong>Dave Kaufman</strong>, Professor <a href="//www.mcgill.ca/desautels/patrick-augustin"><strong>Patrick Augustin</strong></a> from The Desautels Faculty of Management at ƻԺ examines the allegations of insider trading levied against former Georgia Senators David Perdue and Kelly Loeffler at the dawn of the first wave of the COVID-19 pandemic. Should politicians be held to a higher ethical standard when lives are at stake?</p> Thu, 03 Jun 2021 13:48:50 +0000 webfull 170898 at /channels The future of ETF regulation /channels/channels/news/future-etf-regulation-331041 <p>Professor <a href="//www.mcgill.ca/desautels/patrick-augustin"><strong>Patrick Augustin</strong></a> provides an expert perspective on questions surrounding the regulation of a Bitcoin-traded fund (ETF) proposed by VanEck Associates Group. While the Securities and Exchange Commission (SEC) deliberates, it runs the risk of making space for a digital shadow finance industry to emerge, says Augustin.</p> <p><a class="button--outline" href="https://fortune.com/2021/05/08/sec-bitcoin-crypto-etf-stock-price/" target="_blank">Learn more</a></p> Thu, 13 May 2021 14:43:24 +0000 webfull 170576 at /channels When sovereign debt becomes a problem /channels/channels/news/when-sovereign-debt-becomes-problem-330725 <p>Professor <a href="//www.mcgill.ca/desautels/patrick-augustin"><strong>Patrick Augustin</strong></a> and three other North American economists are ringing an alarm bell about the increasing risks associated with heavy borrowing at the state level. In their recent study of 30 developed countries and 30 U.S. states, they measure the effect of the spread of the COVID-19 pandemic on the borrowing costs of governments.</p> Wed, 28 Apr 2021 20:21:34 +0000 webfull 170220 at /channels