Long-Term Investors@UniTo (LTI@UniTO) is pleased to announce the availability of up to
5 Research Fellowships for the year 2023
LTI@UniTO is a think tank established as a joint initiative of the Università di Torino and of the major Italian market players in long term financing. Through the Fellowship program, LTI@UniTO aims to foster research in long-term investing and to assess its features, perspectives, contribution to growth and stability.
The think tank supports independent research and informs the debate between long-term investors and policymakers.
Candidates must send their application (CV + research program, approximately 2 pages) to email@example.com before midnight, ECT, September 10th, 2022. Please enter “LTI CALL FOR FELLOWS” in the email subject. For any further information, please visit www.carloalberto.org/lti and/or contact firstname.lastname@example.org.
- Applicants must have a publication history in top Finance/Econ academic journals.
- Receivers of the fellowships will conduct their own research for a period of two months at UNITO/Collegio Carlo Alberto (CCA).
- The research program should be related to one of the themes in the Strategic List below and must be included in the Application. A final working paper is required, a seminar at UNITO/CCA is compulsory. Another seminar/workshop, targeted to our sponsors, may be requested.
- Total remuneration (for the entire period – gross and including all expenses): € 16000.
- There are up to three positions available.
- A joint Junior Fellowship can be assigned, if required by the Senior Applicant in his proposal (name of the proposed junior applicant can be included too).
- Research Assistantship, if needed, may be requested once the fellowship is awarded.
- Candidates are Ph.D. Students or young scholars with a PhD in Finance, Economics or a related field.
- Receivers of the fellowships will conduct research under the supervision of a Senior Fellow or a UNITO/CCA’s Finance faculty for a period of two months at CCA/UNITO.
- The research program should be related to one of the themes in the Strategic List below and must be included in the Application. A final working paper is required, a seminar at UNITO/CCA is compulsory.
- Total remuneration (for the entire period –gross and including all expenses): € 6000.
- There are up to two positions available.
- Interaction between financial markets and the real economy: start-up funding, impact investments, infrastructure, SME financing;
- Role of LTIs in traditional financial markets (systemic risk, stability, pro or countercyclicality, liquidity, impact on prices), as well as on private markets; risk and return of private markets (private equity, private debt, private placements);
- Asset Management or ALM of LTIs, including past experiences, models, benchmarking, constraints on expenditures and liabilities;
- Innovative Asset Classes and LTIs;
- Mandates, delegation and effectiveness of monitoring (short term accountability versus long-term strategies); optimal contracts in delegated portfolio management: benchmarking and bonus/target incentive schemes;
- The collective costs of short-horizon investment and their control (regulatory constraints);
- Fintech and LTIs: opportunities and risks;
- Benefits and costs of financial regulation and macro prudential policies that matter to LTIs;
- The impact of crises on LTIs and the role of LTIs in market crashes and recovery;
- Real estate and real estate funds: risk, return and their role in the ALM of LTIs;
- LTIs, sustainable finance and Green Financing; the role of LTIs in the transition toward a greener economy; greenwashing and challenges of implementing ESG strategies.
- Responsible investing: screening or engagement; exit or voice
- Digitalisation, artificial intelligence, new technologies and their impact on LTIs’ business and financial practices.
- Emerging risks: health risks, cyber risks, catastrophic risks, business interruption and their impact on LTIs.