
Oct 09, 2023 | Harvard Professor Wins Nobel Prize in Economics for Research on Women | |
by Palash Ghosh, Pensions & Investments, October 9, 2023: Claudia Goldin of Harvard was awarded the Nobel Prize in Economics “for collecting and interpreting two centuries of data that have revealed the factors that affect women’s opportunities in the labor market and contribute to gaps in pay that exist to this day,” Bruce Jacobs said... In tracing women’s earnings and workforce participation over such an extended period, Goldin’s research highlighted “the role of parenthood in explaining the pay gap between women and men, which remains at 10% to 20% in high-income countries, even as women have equaled and surpassed men’s educational levels,” Bruce added. read more + |
Sep 25, 2023 | Pete Kyle Wins 2023 Wharton-Jacobs Levy Prize for Trading Model | |
by Rob Kozlowski, Pensions & Investments, September 25, 2023: Albert S. “Pete” Kyle is the recipient of the 2023 Wharton-Jacobs Levy Prize for Quantitative Financial Innovation for his research on market microstructure. The award recognizes Kyle for his 1985 paper, “Continuous Auctions and Insider Trading,”... which introduced a model of informed trading that has been widely adopted in academia as well as by traders. Erika James, Dean of the Wharton School, called Kyle’s paper “groundbreaking in that it substantially enhanced understanding of the functioning of financial markets for academic researchers and financial practitioners.” read more + |
Aug 16, 2023 | Japan's GPIF Lays Groundwork for More Active Management | |
by Douglas Appell, Pensions & Investments, August 16, 2023: Japan's Government Pension Investment Fund has awarded a mandate to Jacobs Levy Equity Management, selected through a process that used quantitative, data-driven screens of manager skill. As of March 2023, the account size was reported as $1.56 billion. |
We are a signatory to the United Nations Principles for Responsible Investment.