The Sa?d Business School at the University of Oxford and Fidelity Investment Managers today announced the creation of the Fidelity-Oxford Research Alliance. The Alliance is intended to spur research in financial economics, with a particular emphasis on understanding the behaviour of asset prices such as stocks, bonds, commodities and foreign exchange. The Alliance provides full scholarship funding for up to two simultaneous students pursuing a DPhil in financial economics, and funding for research by Oxford faculty members working in the area of asset pricing. The first scholarship will be awarded for the academic year 2011-2012 and applications are invited.
Dr. Tarun Ramadorai, Reader in Finance at Sa?d Business School, who will be the first Director of the Alliance, said: ‘The Fidelity-Oxford Research Alliance will have a significant impact on research in asset pricing and financial economics, and help us to understand the important links between theory and practice in the area.’
Professor Tim Jenkinson, the Head of the Finance Area at Sa?d Business School, said: ‘For our research in finance to have impact, it must be relevant to practice. We are delighted to have formed this alliance between Oxford and Fidelity, which will be of huge benefit to our faculty and doctoral students’.
Fidelity is renowned for the quality of its research and investing for the long term. This Alliance represents a long term commitment from Fidelity to support and promote asset pricing research to gain unique insights into asset pricing theory and its application to managing client assets.
Fidelity Investment Managers is the sole provider of funding for the Alliance. A committee of Fidelity professionals and Oxford academics will jointly administer the research fund and scholarships.