/desautels/taxonomy/term/913/all en /desautels/channels/news/opening-infrastructure-could-encourage-canadas-pension-funds-invest-more-domestically-357950 <p>The Government of Canada is exploring ways to increase investments in the country鈥檚 pension fund equities, but doing so sacrifices returns, according to The Economist. Over the past decade, Canadian mid and small-cap stocks have returned just 3-4% each year, while U.S. stocks have seen a 13% return annually. Opening infrastructure to investment is another way to encourage pension funds to invest more of their capital domestically.</p> Mon, 15 Jul 2024 18:08:14 +0000 arsh.prakash@mcgill.ca 1194523 at /desautels /desautels/channels/event/mcgill-fiam-asset-management-hackathon-357069 <h2>Developing the Next Generation of Finance Talent: Fusing Finance and Data Science, with Finance at the Forefront.</h2> Thu, 25 Apr 2024 18:20:14 +0000 john.sawaya@mcgill.ca 1130465 at /desautels /desautels/channels/event/finance-area-seminar-aytek-malkhozov-353227 <h2>Aytek Malkhozov</h2> <h3><b>Queen Mary University of London</b></h3> <p><em><big>Demand-and-Supply Imbalance Risk and Long-Term Swap Spreads </big></em></p> Fri, 01 Dec 2023 15:59:51 +0000 john.sawaya@mcgill.ca 564798 at /desautels /desautels/channels/event/finance-area-seminar-yasser-boualam-352797 <h2>Yasser Boualam</h2> <h3>University of North Carolina</h3> <p><em><big>Financial Distress and the Green Transition</big></em></p> Fri, 17 Nov 2023 21:14:48 +0000 john.sawaya@mcgill.ca 545145 at /desautels /desautels/channels/event/finance-area-seminar-jim-goldman-352113 <h2>Jim Goldman</h2> <h3>University of Warwick</h3> <p><em><big>Amplifying a Fiscal Stimulus: The Role of Banks </big></em></p> Thu, 19 Oct 2023 17:38:23 +0000 john.sawaya@mcgill.ca 448679 at /desautels /desautels/channels/event/sustainable-finance-discussion-philippe-zaouati-351193 <p>苹果淫院 Desautels invites students to a presentation and discussion with <a href="https://www.linkedin.com/in/philippezaouati/" target="_blank" title="https://fr.linkedin.com/in/philippezaouati">Philippe Zaouati</a>, CEO of <a href="https://can01.s</body></html>"></a></p> Thu, 21 Sep 2023 21:42:53 +0000 john.sawaya@mcgill.ca 320097 at /desautels /desautels/channels/news/dgfrc-sponsored-finance-workshop-concludes-successfully-338856 <p>The 9th edition of HEC-苹果淫院 Winter Finance Workshop as a special edition in collaboration with Goethe University successfully concluded on March 29, 2022. The conference, sponsored by the聽<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 19:36:58 +0000 angela.l.williams@mcgill.ca 87200 at /desautels /desautels/channels/news/delve-how-banks-and-institutional-investment-funds-are-driving-road-net-zero-344751 <p>One of the biggest challenges today for financial institutions is how to meet net-zero climate targets while achieving high returns on investment and satisfying the needs of various stakeholders. What does the road to net-zero look like in the realm of long-term investment, who are the players, and how should the inevitable roadblocks be overcome?</p> Thu, 05 Jan 2023 21:58:16 +0000 angela.l.williams@mcgill.ca 88023 at /desautels /desautels/channels/news/measuring-sovereign-bond-market-integration-300590 <p><strong>Authors:</strong> Ines Chaieb, <a href="/desautels/vihang-r-errunza" target="_blank"><strong>Vihang Errunza</strong></a>, and Rajna Gibson Brandon</p> <p><strong>Publication:</strong> <em>The Review of Financial Studies</em>, Forthcoming</p> <p><strong>Abstract:</strong></p> <p>There is significant heterogeneity in the degree and dynamics of sovereign bond market integration across 21 developed and 18 emerging countries. We show that better spanning can significantly enhance market integration through local risk premia dissipation. Integration of the sovereign bond markets increases on average by about 10%, when a country moves from the 25th percentile to the 75th percentile as a result of higher political stability and credit quality, lower inflation and inflation risk, and lower illiquidity. The 10% increase in integration leads to, on average, a decrease in the sovereign cost of funding of about 1% per annum.</p> <p> Thu, 12 Sep 2019 18:17:40 +0000 angela.l.williams@mcgill.ca 74807 at /desautels /desautels/channels/news/truth-behind-divestment-public-and-private-firms-338496 <p>The transition to a clean energy economy is only beginning, but its reverberations are already being felt in global markets. Institutional investors like the Caisse de d茅pot et placement du Quebec are divesting from fossil fuel companies, and divestment strategies are one factor in the drop in the share prices of fossil fuel companies, according to <a href="/desautels/sebastien-betermier"><strong>Sebastien Betermier</strong></a>, Associate Professor of Finance at Desautels.</p> Thu, 17 Mar 2022 20:09:19 +0000 angela.l.williams@mcgill.ca 87146 at /desautels /desautels/channels/news/three-tips-going-green-337918 <p>On a recent segment of CTV News Montreal, Professor <a href="/desautels/sebastien-betermier"><strong>Sebastien Betermier</strong></a> shared three key takeaways from the 5th annual <strong>苹果淫院 International Portfolio Competition</strong>, an event designed to help guide corporate and political leaders toward a greener economy. First, managers should create clear milestones, he says. Second, they must integrate change across industries. Finally, they should develop proactive stakeholder policies.</p> Thu, 24 Feb 2022 18:48:15 +0000 angela.l.williams@mcgill.ca 87043 at /desautels /desautels/channels/news/putting-esg-front-and-center-337026 <p>Meeting environmental, social, and governance (ESG) standards continues to weigh heavily on the agenda for Canadian companies across industries. As Desautels strives to prepare students to meet evolving demands, Professor <a href="/desautels/sebastien-betermier"><strong>Sebastien Betermier</strong></a> highlights the importance of integrating ESG considerations into coursework--but not at the expense of fundamental concepts.</p> Fri, 21 Jan 2022 22:10:35 +0000 angela.l.williams@mcgill.ca 86901 at /desautels /desautels/channels/news/delve-why-ultra-low-yields-dont-mean-end-sustainable-pension-funds-335183 <p>Retirement systems around the world, from public pension plans to private funds, are weathering a storm of ultra-low bond yields that threaten not only adequate returns for pensioners but the sustainability of the systems themselves. Designing retirement systems that are resilient to low yields requires balancing risk with resilience and innovative approaches.</p> Fri, 26 Nov 2021 14:30:10 +0000 angela.l.williams@mcgill.ca 83412 at /desautels /desautels/channels/news/going-green-concrete-jungle-332896 <p>Professor <a href="/desautels/sebastien-betermier">Sebastien Betermier</a> and his co-researchers published a paper on financial and environmental solutions for sustainable urban development. Canadian pension funds are doing something right, and they outline strategies for other funds and investors to follow suit.</p> <p><a class="button--outline" href="https://sites.law.duke.edu/thefinregblog/2021/06/16/green-urban-development-the-impact-investment-strategy-of-canadian-pension-funds/" target="_blank">Learn more</a></p> Mon, 30 Aug 2021 15:19:05 +0000 angela.l.williams@mcgill.ca 81124 at /desautels /desautels/channels/news/canada-emerges-leader-green-bonds-332073 <p>Canadian retirement pensions are shaping up to be global leaders in issuing green bonds, or funds designated for environmental initiatives. Professor <a href="/desautels/sebastien-betermier"><strong>Sebastien Betermier</strong></a> views Canada鈥檚 commitment to sustainability as an advantage over other countries in growing both pensions and sustainability projects in the long term. Despite issuing debt, pensions will see increased returns as Canada moves to decrease emissions and create other green solutions to technology, transportation, and real estate.</p> Thu, 22 Jul 2021 18:05:41 +0000 angela.l.williams@mcgill.ca 80973 at /desautels