Insights From

Asset Management and Investment

Cooperation vs. Competition: What Do You Want in Your Mutual Fund?

Darden Professor Rich Evans recently published study of mutual fund managers’ performance which demonstrates that significantly different outcomes occur when employees get paid to compete against each other — versus when they are compensated for cooperating.

3 Questions: Exchange Traded Funds and Market Efficiency

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.

Q&A: When It Comes to Your Mutual Funds, Managers’ Political Beliefs Matter

The importance of a culture that respects different perspectives: What does political ideology have to do with mutual funds? Profit. Darden Professor Rich Evans’ research shows that funds managed by teams with diverse political views perform better than those with similar political beliefs. Here, he elaborates on the study and an important caveat.

Bigger Than the Grasshopper and the Ant: A Macroeconomic View of Saving for Retirement

Darden Professor Dan Murphy believes that, in a recession, pro-savings policies should in fact be turned upside down — just for a time — to account for the macroeconomic situation.

A ‘Game-Changing’ Election and the Likely Path Forward for Investors

Nick Sargen, a Darden lecturer and chief economist at Fort Washington Investment Advisors, published Global Shocks: An Investment Guide for Turbulent Markets, a book that offered advice on managing investments through periods of unexpected turmoil.

Active vs. Passive Funds: The Mutual Fund Shell Game

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."

Financial Globalization and the ‘Locust’ Myth

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.

Nudging the Entrepreneur Down the Startup Path

Research by Darden Professor Samuel E. Bodily suggests several new ways to encourage entrepreneurs teetering on the edge of launching a high potential startup but fearful of the financial risks involved.

Bank Diversification Likely Led to Housing Bubble

Elena Loutskina has been evaluating the role mortgage securitization played in the 2007 crisis and unearthed one of the possible causes for the housing bubble.

The Aggressive Sweet Spot: Income Up; Taxes Down

Darden Professors Mary Margaret Frank and Luann Lynch delve into the world of aggressive tax and financial reporting and reveal a remarkable fact.