Areas of Expertise (4)
Empirical Asset Pricing
Labor and Finance
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.
Harvard University: PhD, Business Economics
Princeton University: BA, Mathematics
Honors & Awards (8)
Northern Finance Association, Best Paper on Long-Term Investments
Carlsberg Foundation Special Prize for Young Scholar
FMA Napa Conference, Best Paper Award
Jack Treynor Prize from the Institute for Quantitative Research in Finance
European Finance Association, Best Ph.D. Paper Award
PanAgora Asset Management Dr. Richard A. Crowell Memorial Prize, 2nd place
WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
Hillcrest Behavioral Finance Award, Finalist
Positions Held (1)
At Haas since 2018
2018 - present, Assistant Professor, Haas Finance Group
Media Appearances (3)
MBA Professors To Look Out For—2018
Originally from Ukraine, Anastassia majored in mathematics at university and joined the Berkeley faculty earlier this year as assistant professor of finance...
Does Superior Reading Make Better Investors?
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...
Hedge Funds’ Information Advantage: Reading the News?
Chief Investment Officer
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.”...
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
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?"
When Can the Market Identify Old News?
February 2019 Anastassia Fedyk (with James Hodson)
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
Asymmetric Naïveté: Beliefs about Self-Control.
September 2018 Anastassia Fedyk Winner, Carlsberg Foundation Special Prize for Young Scholar at the 2018 NCBEE
Managerial Structure and Performance-Induced Trading
April 2017 Anastassia Fedyk, Saurin Patel, and Sergei Sarkissian
Selected Papers & Publications (2)