McGill Desautels Faculty of Management - Ruslan Goyenko’s Recent Media Coverage

For hedge funds, trade volumes have a substantial effect on investment returns

�㽶��Ƶ — Wed, 06 Nov 2024 18:52:15 +0000

The timing of stock trades can be as important as the choice of equities to buy or sell. When trading volume is low, large purchases can drive up a stock’s price, raising costs for the trader. A working paper from the National Bureau of Economic Research by Associate Professor of Finance Ruslan Goyenko finds that returns associated with trade timing are substantial—they can impact returns as much as stock selection itself.

AI can be a powerful tool for asset managers

�㽶��Ƶ — Wed, 14 Feb 2024 18:35:56 +0000

Artificial intelligence isn’t a crystal ball, but it can analyze exponentially more data than any human can, and that has the potential to transform the financial services industry. “It’s the most powerful tool I’ve ever seen applicable to investments,” says Professor Ruslan Goyenko in an interview with Benefits Canada. Asset managers can use it to improve active management, and to weather challenging market conditions. “It makes the current investment book obsolete.

FIRM Labs seeks to make AI tools more accessible to individual investors

�㽶��Ƶ — Tue, 12 Jul 2022 19:12:54 +0000

Artificial intelligence (AI) has changed the way the way that equities are managed – but it has mostly been used by institutions. Prof. Ruslan Goyenko wants to change that. Goyenko is the Scientific Director of Finance Innovation and Risk Management (FIRM) Labs, which brings together financial economists and computer scientists to develop AI-driven portfolio management models that it will distribute to the public.

2019 SSHRC Grants awarded

�㽶��Ƶ — Fri, 11 Oct 2019 16:21:35 +0000

Congratulations to the Desautels professors who received 2019 SSHRC Grants.

SSHRC Insight Development Grants