Irish science funds on 'pause'

Symposium on Science and Irish Economic Development

Slick Science: Will New BP Funds Keep Gulf Genomics Afloat?

Funding injections by British Petroleum this summer are fueling studies in the Gulf Coast, raising hopes that the Deepwater Horizon oil spill might provide answers to long-standing questions on the nature of cellular toxicity. Rebecca Alvania investigates.

How Risk Averse are Fund Managers? Evidence from Irish Mutual Funds

This paper investigates the degree of risk aversion exhibited by Irish fund managers. Assuming a mean-variance optimising manager, we employ the dynamic conditional correlation specification (Engle, 2002) of the multivariate GARCH model to estimate the coefficient of relative risk aversion. We find that fund managers whose remit is to “aggressively” manage their portfolios have coefficients lyi...

Managerial Compensation and Monitoring in a Non-Profit Organization: Evidence from the Irish Loan Funds

Using unique data on the Irish loan funds, a nineteenth-century system of quasi-banks, we show that higher levels of uncontrolled capital, where there is no residual claimant, lead to higher wages. The loan funds relied on deposits, as well as donations and accumulated profits, to finance their lending. We examine the effect of different levels of deposits and capital on managerial salaries and...

Essays on Mutual Funds

Title of dissertation: ESSAYS ON MUTUAL FUNDS Nitin Kumar, Doctor of Philosophy, 2013 Dissertation directed by: Professor Russ Wermers Department of Finance Robert H. Smith School of Business This dissertation comprises of three essays on mutual funds. In the first essay, I test whether fund investors rationally incorporate portfolio manager ownership disclosure in their portfolio allocation de...