New Developments in Long-Term Asset Management.

• Position: Conferences

An NBER conference on New Developments in Long-Term Asset Management took place online January 21-22. Research Associates Monika Piazzesi of Stanford University and Luis M. Viceira of Harvard University organized the meeting, which was supported by Norges Bank Investment Management. These researchers' papers were presented and discussed:

* Camille Gardner, New York University, and Peter Blair Henry, New York University and NBER, "Global Infrastructure: Potential, Perils, and a Framework for Distinction"

* Daniel Greenwald, MIT; Martin Lettau, University of California, Berkeley and NBER; and Sydney C. Ludvigson, New York University and NBER, "How the Wealth Was Won: Factor Shares as Market Fundamentals" (NBER Working Paper 25769)

* Patrick Bolton, Columbia University and NBER, and Marcin Kacperczyk, Imperial College London, "Global Pricing of Carbon-Transition Risk"

* Juliane Begenau, Stanford University and NBER, and Emil Siriwardane, Harvard University, "How Do Private Equity Fees Vary across Public Pensions?"

* Patrick Augustin, McGill University; Mikhail Chernov, University of California, Los Angeles and NBER; Lukas Schmid, University of Southern...