Fees Eat Diversification's Lunch

WW Jennings, BC Payne - Financial Analysts Journal, 2016 - Taylor & Francis
… Jennings, CFA, is professor of finance and investments and Brian C. Payne is associate
professor of management at the US Air Force Academy, Colorado Springs, Colorado. …

Sentiment and stock returns: Anticipating a major sporting event

BC Payne, J Tresl, GC Friesen - Journal of Sports Economics, 2018 - journals.sagepub.com
This study documents the effect of the Super Bowl on the stock returns of firms that are
geographically associated with the competing teams. We find significant upward return drift in the …

Hedge fund replication with a genetic algorithm: Breeding a usable mousetrap

BC Payne, J Tresl - Quantitative Finance, 2015 - Taylor & Francis
This study tests the performance of 14 hedge fund index clones created using parsimonious
out-of-sample replication portfolios consisting solely of easily accessible assets. We employ …

[BOOK][B] Do health care investments hedge health care liabilities?

WW Jennings, SP Fraser, BC Payne - 2018 - pionline.com
We examine whether health care equity investments hedge health care liabilities. In contrast
with conventional wisdom, we find them uncorrelated and, thus, poor hedges. Investment …

Minding the terrazzo gap between athletes and nonathletes: Representativeness, integration, and academic performance at the US Air Force Academy

BC Payne, JS Bredthauer, JA Martin… - Journal of Sports …, 2016 - journals.sagepub.com
The tension between focusing on collegiate athletic or academic performance has persisted
for decades. A recent study finds that recruited athletes in college athletic programs …

Implied volatility across geographical markets and asset classes

JP Velev, BC Payne, J Tresl… - The Journal of …, 2018 - jod.pm-research.com
This study analyzes the implied volatility-index return relationship across asset classes,
geographical regions, and time, extending efforts that document the instantaneous relation …

Presidential parties, monetary regimes, and health care returns

JS Bredthauer, BC Payne, J Tresl, GV Karels - Managerial Finance, 2015 - emerald.com
Purpose – The purpose of this paper is to investigate the absolute and risk-adjusted stock
return performance of the US health care industry conditional upon the presidential …

Corrections Should Trigger Rebalancing

WW Jennings, BC Payne - The Journal of Wealth Management, 2020 - search.proquest.com
We start from the provocative contention that if an investor did not rebalance earlier this year
(2020), then that investor does not have an asset allocation policy. More specifically, that …

Revisiting the Performance of Firms Recognized for Creating a Healthy Culture

BC Payne, JS Bredthauer - Journal of Occupational and …, 2022 - journals.lww.com
Objective: To augment several prior JOEM studies, which associated firms with recognized
health and safety programs with outsized firm stock performance. Methods: Stock …

Five Tools for Wealth Managers

WW Jennings, BC Payne… - The Journal of Wealth …, 2016 - search.proquest.com
The authors provide an operating manual for some useful, beyond-the-basics private wealth
management tools. In this article, they have assembled a set of practical quantitative tools …