Asset pricing tries to find equilibrium prices for a given set of consumption and
portfolio choices. Asset management in turn finds optimal portfolio and consumption
choices for a given set of asset prices. While these are very different
objectives, both activities are tightly coupled. Day one of this course covers key
methods in empirical asset pricing and how they spilled over into the world of
quantitative portfolio management. In days two and three, students are required
to discuss influential papers on quantitative asset management (see list
below).