selected publications

• academic article

  • The Diminishing Role of Active Mutual Funds: Flows and Returns.  SSRN Electronic Journal.  2023
  • Comovement, Liquidity and Asymmetries.  SSRN Electronic Journal.  2019
  • Research Foundation Review 2018.  SSRN Electronic Journal.  2019
  • Popularity: A Bridge between Classical and Behavioral Finance.  SSRN Electronic Journal.  2018
  • Liquidity Style of Mutual Funds.  SSRN Electronic Journal.  2012

• blog posting

  • Quantifying the Skewness Loss of Diversification.  SSRN Electronic Journal. 2018
  • Liquidity-Driven Dynamic Asset Allocation.  SSRN Electronic Journal. 2012
  • How Index Trading Increases Market Vulnerability.  SSRN Electronic Journal. 2011
  • The Impact of Skewness and Fat Tails on the Asset Allocation Decision.  SSRN Electronic Journal. 2011
  • The Equal Importance of Asset Allocation and Active Management.  SSRN Electronic Journal. 2010