Pekka Honkanen

I am an Assistant Professor of Finance at the Terry College of Business at the University of Georgia. My primary fields of research are mutual funds and market microstructure. Specifically, I am interested in securities lending, short selling, and mutual fund investments, with a focus on information transmission in the financial markets.

Research Interests

• Market microstructure, investment management, mutual funds

Education

• Doctor of Philosophy (Ph.D.) HEC Paris (2014 — 2020)
• Master of Science (MSc) Paris School of Economics (2012 — 2014)
• Bachelor of Science (BSc) London School of Economics and Political Science (2009 — 2012)
• International Baccalaureate diploma Helsingin Suomalainen Yhteiskoulu (2006 — 2009)

Working papers

• Securities Lending and Trading by Active and Passive Funds (job market paper)
  
• Learning from Noise? Price and Liquidity Spillovers around Mutual Fund Fire Sales (joint with Daniel Schmidt)
• Passive Ownership and the Securities Lending Market (joint with Bastian von Beschwitz and Daniel Schmidt)
• Strategic Allocation of Securities Lending Profits
• Index Crowding by Replication Funds