Conference Program
Der Inhalt dieser Seite ist aktuell nur auf Englisch verfügbar.
| Program | Topic | Location | |
| Monday August 25th, 2014 | |||
| 12:30-14:00 | Lunch | Hertenstein: Felsensaal | |
| 14:00-15:30 | Session I: Endowment trends and beliefs | Hertenstein: Hörsaal 2 | |
| Neal Stoughton, WU Wien | Welcoming Remarks | ||
| John Griswold, Commonfund | Review of the latest NCSE report and a look at trends | ||
| Andrew Ang, Columbia University | Investment Beliefs of Endowments | ||
| 15:30-16:00 | Coffee Break | ||
| 16:00-17:30 | Session II: Endowment Spending and Asset Allocation | ||
| Keith Brown, UT Austin | Spending Policies, Asset Allocation and Investment Performance of University Endowments | ||
| Neal Stoughton, WU Wien | An Integrated Model of University Endowments | ||
| 19:00 | Dinner | Hertenstein: Felsensaal | |
| Dinner Speech: Michael Pettis, Peking University | Chinese Adjustment and Reform | ||
| Tuesday August 26th, 2014 | |||
| 09:00-10:30 | Session III: Implications of Carry Strategies | Hertenstein: Hörsaal 2 | |
| David Chambers, Cambridge | Returns to Currency Trading | ||
| Engelbert Dockner, WU Wien | Implementing a Carry Index to Explain Asset Class Returns | ||
| 10:30-11:00 | Coffee Break | ||
| 11:00-12:30 | Session IV: Market Strategies | ||
| Mike Lemmon, Blackrock | New developments in alternative beta | ||
| Josef Zechner, WU Wien | Policy Portfolios When Some Assets are Non-Tradeable | ||
| 12:30-14:00 | Lunch | Hertenstein: Felsensaal | |
| 14:00-15:30 | Session V: Endowments and Governance | ||
| Janet Smith, Claremont McKenna | University Endowments, Governance and Socially Responsible Investing | ||
| Laura Starks, UT Austin | The shareholder activism preferences of institutional investors | ||
| 16:00 | Bus trip to Vitznau | ||
| 16:30-18:00 | Presentation and tour of Research and Innovation Center | Park Hotel Vitznau | |
| 18:00-19:00 | Musical Entertainment | Musiksaal Park Hotel Vitznau | |
| 19:00-22:00 | Gala Dinner | Panoramasaal Park Hotel Vitznau | |
| Wednesday August 27th, 2014 | |||
| 09:00-10:30 | Session VI: Long Run Income and Returns | Hertenstein: Hörsaal 2 | |
| William Sharpe, Stanford | Providing retirement income with TIPS, TIFS, Tranches, Tontines and Trills | ||
| Elroy Dimson, LBS and Cambridge | Long-run historical returns to Emerging Markets | ||
| 10:30-11:00 | Coffee Break | ||
| 11:00-12:30 | Panel Discussion | Moderator: Richard Smith, UC Riverside | |
| Participants: | Implications of elite university endowment policies on general endowment returns and spending. Is this evidence of increasing returns to scale and unequal wealth distributions? | ||
| Keith Brown, UT Austin | |||
| David Chambers, Cambridge | |||
| Mike Lemmon, Blackrock | |||
| Robert Shiller, Yale University | |||
| 12:30-14:00 | Closing Lunch | Hertenstein: Felsensaal |