Blake Phillips

Education and certifications

• Doctor of Philosophy, University of Alberta, Finance
• Master of Business Administration, University of Alberta, Specialization: International Business
• Master of Forestry, University of Alberta
• Bachelor of Science, University of British Columbia

Professional and Research Affiliations

• American Finance Association, Financial Management Association
• Regular Member, Waterloo Research Institute in Insurance and Securities and Quantitative Finance

Honors and Awards

• Outstanding Paper in Investments, Southern Finance Association Meetings 2014
• Harry M. Moskowitz Special Distinction Award, Runner-up best paper in Journal of Investment Management 2013.
• Social Sciences and Humanities Research Council of Canada Strategic Insight Grant, 2013-2015, $74,230, Kuntara Pukthuanthong and Raghu Rau collaborators
• Social Sciences and Humanities Research Council of Canada Grant, 2011-2014, $74,280, Aditya Kaul co-applicant
• Bank of Canada Best Paper in Canadian Financial Markets, 2009 Northern Finance Association Meetings
• University of Waterloo / Social Sciences and Humanities Research Council of Canada Seed Grant, 2010, $5,500
• Canadian Securities Institute Research Foundation PhD Scholarship, 2008, $25,000
• Western Center for Economic Research International Trade Fellowship, 2008, $25,000
• Ziegler PhD Endowment Scholarship, 2005 – 2009, $10,000 each year
• Provost Doctoral Entrance Award, 2005 and 2006, $5,000 each year
• Western Center for Economic Research International Trade Fellowship, 2004, $5,000

Selected publications

• Namvar, E., B, Phillips, K. Pukthuanthong and R. Rau, 2016, Do hedge funds dynamically manage systematic risk?, Journal of Banking and Finance 64, 1-15.
• Ismailescu, I. and B. Phillips, 2015, Credit default swaps and the market for sovereign debt, Journal of Banking and Finance 52, 43-61.
• Phillips, B., K. Pukthuanthong and R. Rau, 2014, Detecting superior mutual fund managers: Evidence from copycats, Review of Asset Pricing Studies 4, 286-321.
• Phillips, B., K. Pukthuanthong and R. Rau, 2014, Past performance may be an illusion: Performance, flows and fees in mutual funds, Critical Finance Review, Forthcoming.
• Chalmers, J., A. Kaul and B. Phillips, 2013, The wisdom of crowds: Mutual fund investors' aggregate asset allocation decisions, Journal of Banking and Finance 37, 3318-3333.
• Hendershott, T., E. Namvar and B. Phillips, 2013, The intended and collateral effects of short-sale bans as a regulatory tool, Journal of Investment Management 11-3, 5-13.
• Namvar E. and B. Phillips, 2013, Commonalities in investment strategy and the determinants of performance in mutual fund mergers, Journal of Banking and Finance 37, 625-635.
• Harris, L., E. Namvar and B. Phillips, 2013, Price inflation and wealth transfer during the 2008 SEC short-sale ban, Journal of Investment Management 11- 2, 1-23.
• Phillips, B., 2011, Options, short sale constraints and market efficiency: A new perspective, Journal of Banking and Finance 35, 430-442.

Working papers

• Order Characteristics, uncertainty and price formation in the foreign exchange market, 2015, with Aditya Kaul and Stephen Sapp
• The turn of the year anomaly: The early years, 2016, with Aditya Kaul, Vikas Mehrotra and Randall Morck
• Size matters only if you have a competitor: Diseconomies of scale in the mutual fund industry revisited, 2016, with Kuntara Pukthuanthong and Raghu Rau
• Copies of working papers can be obtained from Social Science Research Network.