Center for Financial Policy
The Leading Center for Financial Policy, Research and Education
The Center for Financial Policy leverages the Smith School’s world-renowned faculty, leading research, and proximity to Washington, D.C. to promote a collaborative exchange of ideas on the key issues that affect financial markets.
The center’s annual conferences with the Securities and Exchange Commission and Federal Reserve anchor its schedule of premier events.
Watch a short video from Russell Wermers, Paul J. Cinquegrana ’63 Endowed Chair in Finance and director of the Center for Financial Policy, on the center's mission.
Quantifying the Financial Impacts of Climate Change
September 22, 2022
The growing threats of extreme weather and climate tipping points create risks to financial markets in the next five to ten years that current climate scenarios do not capture.
We introduce a class of stochastic sector-specific damage functions to capture the probabilities of significant events, notably extreme weather and climate tipping points. Using these models will show material climate-related risks for insurance and pension fund asset allocations in the next five to ten years.
Watch our entire series on climate change and ESG
Climate Finance and Risk Management
Learn about climate and integrated assessment models, their strengths and weaknesses and how to use them when assessing physical and transition risks.
Modern portfolio management is built on quantitative analysis. We examine the key issues driving financial markets from a quantitative perspective.
Watch our recent events:
- The future of investment management and the opportunities for active managers with Ronald N. Kahn and Russ Wermers
- The Best Strategies for Inflationary Times with Campbell R. Harvey
Annual UBS-CFP Quantitative Investing Conference: A Brave New World – Opportunities and Threats
Note: this is an invitation-only event
When: September 28-29, 2022
Where: UBS Headquarters, New York, NY
Reflections on the 50-year Anniversary of the Index Fund
Russ Wermers, Director of the Center for Financial Policy sits down with Robin Wigglesworth, FT’s Global Finance Correspondent, to reflect on the rise and future of the index fund and discuss Robin’s latest book, Trillions.
“Stories abound in life,” Maryland Smith’s Russell Wermers said, opening a webinar discussion Tuesday. The topic: Narrative economics, with Nobel laureate Robert Shiller.
Maryland Smith finance professor Russ Wermers was selected by the Securities and Exchange Commission to serve on its new Asset Management Advisory Committee, formed to offer advice and recommendations to the SEC on how regulations and industry trends impact investors.
There are no upcoming events at this time.