Not all information is good information, so how do you separate fact from fiction? On March 8, interdisciplinary leaders from academia, business, government, and the media will gather at Columbia Business School’s 2nd Annual News and Finance Conference to explore how media coverage of financial news, rumors, and whispers affect stock market movement. The News and Finance Conference, run by Columbia Business School’s Program for Financial Studies, will be held at the Faculty House at Columbia University from 8:30 a.m. to 5:00 p.m. A full agenda can be found here.
“What is ‘news’ and how is it associated with changes in market returns and risks?” asks Charles Calomiris, the Henry Kaufman Professor of Financial Institutions at Columbia Business School and faculty director of the Program for Financial Studies. “The News and Finance Conference will examine how to measure news and its impact on the market.”
The day will include panel discussions and presentations with business and government leaders, distinguished journalists, and academics, including:
- John Authers, senior investment commentator and “Long View” columnist at The Financial Times
- Charles Calomiris, Henry Kaufman Professor of Financial Institutions and faculty director of the Program for Financial Studies at Columbia Business School
- Wesley Chan, PhD, senior vice president at Acadian Asset Management
- Ricardo Correa, PhD ’06 GSAS, chief of the International Financial Stability section, board of governors at the Federal Reserve System
- Zhi Da, professor of finance at Mendoza College of Business, University of Notre Dame
- Diego Garcia, Burridge Endowed Chair in Finance at Leeds School of Business at University of Colorado Boulder
- Graham Giller, PhD, chief data science officer at JPMorgan Corporate Investment Bank
- William S. Grueskin, professor of professional practice at Columbia University’s School of Journalism
- Alexander Hillert, House of Finance Professor of Sustainable Asset Management at Goethe University, Frankfurt
- Steve Liesman, senior economics reporter, CNBC
- Angus Lund, global head of Alphawise at Morgan Stanley
- Francine McKenna, transparency reporter at MarketWatch
- Sameena Shah, PhD, director of research at Thomson Reuters
- Leif Anders Thorsrud, special advisor at Norges Bank
- Gregory Zuckerman, special writer at the The Wall Street Journal
Harry Mamaysky, associate professor of professional practice and co-director of the conference, observes: “How do investors react to news? How should they react? Are markets more like weighing machines or voting machines? The News and Finance Conference will highlight recent advances in our understanding of these and related questions about how markets react to information. The fact that we'll have academics, practitioners, and journalists present will lead to fascinating and insightful discussions.”
Sponsors of the News and Finance Conference are Global Risk Initiative and Columbia Data Science Institute. Lead industry sponsors of the Program for Financial Studies News and Finance Initiative are JPMorgan and Bank of America. Affiliate industry sponsors include Morgan Stanley. Thomson Reuters has generously provided access to data sets that have enabled the research upon which the News and Finance Initiative has been built.
To learn more about the conference and to register to attend, please visit http://www8.gsb.columbia.edu/financialstudies/events/annualnewsandfinance/2017.
To learn more about the events hosted by Columbia Business School, please visit www.gsb.columbia.edu.
About Columbia Business School
Columbia Business School is the only world–class, Ivy League business school that delivers a learning experience where academic excellence meets with real–time exposure to the pulse of global business. Led by Dean Glenn Hubbard, the School’s transformative curriculum bridges academic theory with unparalleled exposure to real–world business practice, equipping students with an entrepreneurial mindset that allows them to recognize, capture, and create opportunity in any business environment. The thought leadership of the School’s faculty and staff, combined with the accomplishments of its distinguished alumni and position in the center of global business, means that the School’s efforts have an immediate, measurable impact on the forces shaping business every day. To learn more about Columbia Business School’s position at the very center of business, please visit www.gsb.columbia.edu.
About the researchers
Charles W. Calomiris is the Henry Kaufman Professor of Financial Institutions at Columbia Business School, the Director of Columbia Business School...Read more.
Harry Mamaysky is an Associate Professor of Professional Practice at Columbia Business School, where he serves as the Director...Read more.