The Swiss Finance Institute awarded on 3rd June the Outstanding Paper Award 2024 to the research paper Passive Investing and the Rise of Mega-Firms written by Professor Hao Jiang (Michigan State University), Professor Dimitri Vayanos (London School of Economics & Financial Markets Group), and Professor Lu Zheng (University of California, Irvine).
The winners of the award investigate the profound effect of passive investing on stock prices and the economy.
The award distinguishes an unpublished research paper expected to make an outstanding contribution to the field of finance.
You can read more details, as well as the press release, here.