Richard A. Mayo Center for Asset Management

Exchange traded funds (ETFs) have grown in popularity as a tool for targeting specific groups of investments. How do they affect the market? Darden Professor Rich Evans and Maureen O’Hara of Cornell’s S.C. Johnson College of Business discuss industry ETFs and their influence on market efficiency.

What can we expect across global financial markets following the COVID-19 crisis? UVA Darden Professor Marc Lipson and guest Cornell S.C. Johnson Professor Andrew Karolyi discuss international and domestic listings, financial versus real business cycles, and both short-term and long-term implications of de-risking.

What is socially responsible investing? Is its increasing momentum sustainable? And are international commitments to ESG practices making an impact? Darden Professors Mary Margaret Frank and Pedro Matos discuss issues related to this popular phenomenon.

Richard A. Mayo Center for Asset Management Director Aaron Fernstrom (GEMBA ’15) explores the rapidly growing — and essentially unregulated — shadow banking market.

Another global financial crisis will come eventually, although when and why the next downturn will begin remains an unknown. So far, regulatory efforts have not eliminated the sources of financial instability.

Are the fees for actively managed mutual funds worth the cost? Although that debate is far from settled, the consensus seems to be “it depends."

In a world of increased financial globalization, foreign investors have a bad reputation in some circles, sometimes being labeled “locusts” for what’s been seen as their plaguing effect on local companies and economies. But new research by Darden School of Business Professor Pedro Matos and three colleagues may soon turn that idea on its head.