On the surface, the Exchange Traded Fund or ETF is a relatively straightforward concept, but it has become a major disruptor in the sphere of money management. In the past few years, mutual fund managers started to also manage ETFs for their clients—a way to potentially alleviate competition, maintain client loyalty, and keep institutional money within a growing family of funds.
Get to know Associate Professor David Schumacher, who teaches in the McGill Desautels Master of Management in Finance, in a new Q&A. He discusses his research on institutional investment, his teaching style, his love of road biking and more!Learn more
McGill Master of Management in Finance (MMF) students competed in the Deloitte MMF Synergy Challenge on October 30. Three teams went head to head in the finals on November 2, with students Katerina Paraschis, Dakota Zaharichuk, Marc-Olivier Lê and Haiwen Luo presenting the winning case.
The mergers and acquisitions of major asset management firms send shockwaves through the financial market, says Assistant Professor David Schumacher.
Professor David Schumacher pulls back the curtain on BlackRock’s oversized market influence in a new documentary produced by European television network ARTE.
He discusses his research paper, Who is afraid of BlackRock?, which links BlackRock’s acquisition of Barclays Global Investors to skittish investor behaviour and shock waves in the market.
Across programs and subject areas, the Desautels Faculty of Management recognizes the vital role that teaching plays in enriching the student experience and in inspiring the next generation of leaders.
On May 16, the Desautels community gathered to recognize faculty who have gone above and beyond in their teaching. Congratulations to the following recipients of the 2018-19 teaching awards!
Professor Desmond Tsang and Professor David Schumacher were selected as recipients of the 2017‐18 Desautels Distinguished Teaching Award for Undergraduate and Graduate teaching, respectively.
Their awards were officially presented at the May 31st Convocation Ceremony.
The Desautels Faculty of Management is pleased to announce that Professor Desmond Tsang and Professor David Schumacher have been selected as recipients of the 2017‐18 Desautels Distinguished Teaching Award for Undergraduate and Graduate teaching, respectively.
Groß ist gleich gefährlich, diese Gleichung wird spätestens seit der Finanzkrise aufgemacht. Sie gilt für Banken, die als zu "big to fail" bezeichnet wurden.... Massimo Massa lehrt an der französischen Business School Insead, Davi Schumacher an der McGill University in Montreal und Yan Wang an der Erasmus-Universität in Rotterdam. Der Kern ihrer Untersuchung: Aneger werden dann nervös, wenn sie zu viele Aktien in einer Hand sehen.
Beyond the potential financial benefits of an M&A deal, two of the biggest payouts for asset managers are access to investment expertise and new markets. ... “We have solid evidence that there are positive synergies for both firms,” says David Schumacher, an assistant professor of Finance at McGill University and co-author of the study.
With US$4-5tn of assets directly under its control, BlackRock is a giant among giants in the financial world, and until recently was firmly under the eye of the Financial Stability Board (FSB).