The future doesn’t look too bright for many asset managers, according to PwC. The professional services firm conducted a survey of more than 500 asset managers, and estimates that one in six will go out of business by 2027. One factor driving this is increased bond yields driven by higher interest rates, according to McGill Desautels Professor Mo Chaudhury. This makes asset managers' services – and accompanying fees -- less attractive to investors.
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Published on: 15 Aug 2023
In a five-day period in early March 2023, three mid-sized US banks collapsed: Silicon Valley Bank, Signature Bank, and Silvergate Bank. The United States Federal Reserve stepped in with an emergency lending program to support liquidity and mitigate the risk of contagion. While that will probably work in the short term, it doesn’t solve the problem, says Mo Chaudhury, an Associate Professor of Finance (Teaching) at Desautels.
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Published on: 14 Apr 2023
Danielle Smith is running for the leadership of Alberta’s United Conservative Party, and could become Alberta’s next premier. But Smith is campaigning on a platform that includes internet conspiracy theories. In a newsletter, she cautioned that Canada’s currency could be replaced with an international common digital currency, and the federal government could use it to “punish and reward” Canadians. But that’s not very likely, according to Mo Chaudhury, an Assistant Professor of Finance at Desautels.
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Published on: 16 Sep 2022
Five BCom case teams made the finals at the 44th annual Inter-Collegiate Business Competition (ICBC) hosted virtually by Queen's University from January 13 to 16, 2022 with the Finance and Ethics teams each taking first place.
Winning teams:
Finance: Julia Jin and Lucy Chen, coached by Mo Chaudhury
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Published on: 19 Jan 2022
Earlier this month, a Reddit-driven investor coup sent shockwaves through the market as heavily shorted stocks skyrocketed in price. Professor Mo Chaudhury weighs in on the mania, attributing the rising number of new investors to the COVID-19 pandemic.
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Published on: 5 Feb 2021
Banks have turned to selfies for facial recognition to help simplify identity verification methods. Professor Mo Chaudhury joins Bank Innovation to discuss the prospects and risks of facial recognition technology in mortgage applications.
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Published on: 10 Sep 2020
Professor Mo Chaudhury weighs in on the market risks caused by the growing popularity of index funds.
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Published on: 10 Sep 2019
Despite improvements made to manage risk better, experts such as Desautels Professor Mo Chaudhury warn that the US financial system remains dangerously vulnerable to future crashes.
“What is good for Wall Street and banks is not always good for the general citizenship,” explains Prof. Chaudhury.
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Published on: 13 Sep 2018
Authors: Pedro Piccoli, Mo Chaudhury, Alceu Souza
Publication: Research in International Business and Finance, Vol. 42, December 2017
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Published on: 29 Mar 2018
Authors: Mo Chaudhury
Publication: Economics Letter, Vol. 152, March 2017
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We show analytically that the relationship between asset volatility and expected option return is ambiguous. Numerical results elaborate how the direction and magnitude of the relationship depend on asset beta and volatility levels, and option moneyness and maturity.
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Published on: 29 Mar 2018
The Laurentian Bank of Canada recently revealed that they will have to buy back up to $300 million in loans issued to clients, realising that its vetting practices were not applied thoroughly enough.
Nevertheless, experts, such as Desautels Professor Mo Chaudhury, maintain that these issues are not rampant in the Canadian banking system and that the country is not on the brink of a mortgage crisis comparable to what unfolded in the U.S.
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Published on: 12 Dec 2017
In a blog post for bdnews24.com, Desautels professor Mo Chaudhury assesses the Bangladesh Government’s response to the humanitarian crisis in Myanmar concerning the Rohingyas, asserting that the current response contrasts with past related policy.
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Published on: 26 Sep 2017
In a recent op-ed for Bangladeshi online newspaper bdnews24.com, Desautels Professor Mo Chaudhury explores the unfolding Rohingya humanitarian disaster in Myanmar, then outlines the corruption at the heart of the crisis and the players who stand to benefit from it.
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Published on: 19 Sep 2017
Authors: Pedro Piccolia, Mo Chaudhury, Alceu Souza and Wesley Vieirada Silvaa
Publication: The North American Journal of Economics and Finance, Vol. 41, July 2017
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The paper investigates the behavior of individual US stocks during the 21 trading days following the event of extreme movement in the market index on a day.
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Published on: 17 Aug 2017
In a recent piece for The Daily Star, Desautels professor Mo Chaudhury calls the tax on bank deposits in the Government of Bangladesh’s 2017-18 budget a bad call, and gives six examples that outline exactly why. He acknowledges the ongoing budgetary challenges faced by the country, but counters that taxing bank deposits may send savers towards stocks, real-estate or even the black market, which will just compound the problem.
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Published on: 8 Jun 2017
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