hero image
Anastassia Fedyk - Haas School of Business, University of California, Berkeley. Berkeley, CA, US

Anastassia Fedyk Anastassia Fedyk

Assistant Professor | Haas School of Business, University of California, Berkeley

Berkeley, CA, UNITED STATES

Areas of Expertise (4)

Behavioral Economics

Empirical Asset Pricing

Experimental Economics

Labor and Finance

About

Anastassia Fedyk is an Assistant Professor of finance at the Haas School of Business. Her research focuses on behavioral biases in individual and group decision-making, particularly concerning information and belief formation. She studies how information from a variety of sources, including financial news and individual employment records, influences asset prices. Fedyk holds a PhD in Business Economics from Harvard University and a BA in Mathematics with honors from Princeton University. Prior to pursuing her academic career, she was a researcher and portfolio manager at Goldman Sachs Asset Management.

Education (2)

Harvard University: PhD, Business Economics

Princeton University: BA, Mathematics

Honors & Awards (8)

Northern Finance Association, Best Paper on Long-Term Investments

2018

Carlsberg Foundation Special Prize for Young Scholar

2018

FMA Napa Conference, Best Paper Award

2018

Jack Treynor Prize from the Institute for Quantitative Research in Finance

2017

European Finance Association, Best Ph.D. Paper Award

2017

PanAgora Asset Management Dr. Richard A. Crowell Memorial Prize, 2nd place

2017

WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research

2017

Hillcrest Behavioral Finance Award, Finalist

2016

Positions Held (1)

At Haas since 2018

2018 - present, Assistant Professor, Haas Finance Group

Media Appearances (3)

MBA Professors To Look Out For—2018

BusinessBecause  

2018-10-15

Originally from Ukraine, Anastassia majored in mathematics at university and joined the Berkeley faculty earlier this year as assistant professor of finance...

view more

Does Superior Reading Make Better Investors?

Barron's  

2016-09-06

Writing for the Harvard Business Review, Anastassia Fedyk, a Phd candidate at Harvard who has studied the reading habit of various types of investors, contends that researchers at hedge funds “are much more likely to be the first to get a piece of news,” than other investors...

view more

Hedge Funds’ Information Advantage: Reading the News?

Chief Investment Officer  

2016-08-29

Of all finance professionals, hedge fund managers are among the fastest and most active consumers of news—and the most likely to trade based on what they learn, found Harvard University PhD candidate Anastassia Fedyk.

“They are disproportionately more likely to be the first to read any given piece of financial news,” she wrote, adding that consumption of news by hedge fund managers was “strongly related to trading volumes and security return dynamics.”...

view more

Working Papers (6)

Front Page News: The Effect of News Positioning on Financial Markets

February 2019
Anastassia Fedyk
Best Paper Award, 2018 FMA Napa Conference on Financial Markets Research
Best Ph.D. Paper Award, 2017 European Finance Association
2017 WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
Finalist, 2016 Hillcrest Behavioral Finance Award

view more

News-Driven Trading: Who Reads the News and When?

October 2018
Anastassia Fedyk
Previously circulated under the title of "Disagreement after News: Gradual Information Diffusion or Differences of Opinion?"

view more

When Can the Market Identify Old News?

February 2019
Anastassia Fedyk (with James Hodson)

view more

Trading on Talent: Human Capital and Firm Performance

September 2018
Anastassia Fedyk (with James Hodson)
Best Paper on Long-Term Investments, 2018 Northern Finance Association
Winner, 2017 Jack Treynor Prize from the Institute for Quantitative Research in Finance
Second Place, 2017 PanAgora Asset Management Dr. Richard A. Crowell Memorial Prize

view more

Asymmetric Naïveté: Beliefs about Self-Control.

Internet Appendix

September 2018
Anastassia Fedyk
Winner, Carlsberg Foundation Special Prize for Young Scholar at the 2018 NCBEE

view more

Managerial Structure and Performance-Induced Trading

April 2017
Anastassia Fedyk, Saurin Patel, and Sergei Sarkissian

view more

Selected Papers & Publications (2)

Research: How Investors’ Reading Habits Influence Stock Prices Harvard Business Review

Anastassia Fedyk

September 2016

view more

How to Tell If Machine Learning Can Solve Your Business Problem Harvard Business Review

Anastassia Fedyk

November 2016

view more

Teaching (1)

Core Finance

EWMBA-203