Institute of Advanced Investment Management
Recent Research
IAIM is excited to share the insights from our latest research, which provides a comprehensive overview of the trends and challenges facing the finance industry. Our report draws on data from a range of sources, including surveys of investment professionals, market analysis, and academic research, to provide a detailed analysis of the key drivers shaping the industry. The findings highlight the growing importance of technology and digital innovation. We believe in the need for continued innovation and collaboration in the face of ongoing disruption. We believe that this research provides valuable insights for investors, asset managers, and other stakeholders, and we look forward to sharing these insights with the wider community.
How Wise is the Crowd? Bias and Edge in Prediction Markets
Using tick-level data from Polymarket and Kalshi, this study finds the classic favorite-longshot bias is largely a ‘Yes Bias,’ that the most capitalized traders systematically underperform smaller ones, and that the most vocal participants add no informational edge. It offers a reproducible method for denoising prediction-market probabilities.
Read more: How Wise is the Crowd? Bias and Edge in Prediction MarketsReconstructing a Century of U.S. Corporate Bonds
A new 128-year database of U.S. corporate bonds (1895–2022) — over 100,000 bonds and 7 million observations — uncovers a sizable, statistically significant credit risk premium that shorter modern samples fail to detect. The findings support strategic allocations to corporate credit for long-horizon investors and establish a new benchmark for empirical asset pricing in fixed income.
Read more: Reconstructing a Century of U.S. Corporate Bonds
Associate Professor Atif Ellahie is published in “The Economist.” Article considers the role of luck in career success.
The Economist, a British weekly newspaper focusing on current affairs, international business, politics, technology, and culture, published an article on October 19, 2023 titled, “How big is the role of […]
Read more: Associate Professor Atif Ellahie is published in “The Economist.” Article considers the role of luck in career success.
Empowering Women in Tech: Eccles Adobe Social Impact Challenge
The Eccles Adobe Social Impact Challenge brought together students from the University of Utah to draw on their creativity, digital skills, and entrepreneurial spirit in support of a worthy cause. […]
Read more: Empowering Women in Tech: Eccles Adobe Social Impact ChallengeNew Episode of A…Count Me In Podcast Available Now
Don’t miss the latest episode of the School of Accounting’s A…Count Me In podcast with host, Brian Cadman, School of Accounting Chair. In this episode, Cadman speaks with Justin Martinez […]
Read more: New Episode of A…Count Me In Podcast Available Now