The CFR Working Paper No. 21-09 "Private Company Valuations by Mutual Funds" by Vikas Agarwal, Brad Barber, Si Cheng, Allaudeen Hameed and Ayako Yasuda has been accepted for publication in Review of Finance.

The CFR Working Paper No. 19-04 "Drawdown Measures: Are They All the Same?” by Olaf Korn, Philipp M. Moeller and Christian Schwehm has been accepted for publication in "The Journal of Portfolio Management".

The CFR Working Paper No. 20-04 "Open Source Cross-Sectional Asset Pricing” by Andrew Y. Chen and Tom Zimmermann has been accepted for publication in "Critical Finance Review".

The CFR Working Paper No. 22-01 "Under Pressure: The Link between Mandatory Climate Reporting and Firms’ Carbon Performance” by Tobias Bauckloh, Christian Klein, Thomas Pioch and Frank Schiemann has been accepted for publication in "Organization & Environment".

We are pleased to welcome Dr. Tobias Bauckloh as a new Assistant Professor of Sustainable Finance at the CFR. Dr. Tobias Bauckloh received his PhD on the topic of sustainability in the capital market. His current research focuses, among other things, on the contribution of sustainable investments to solving societal challenges, the impact of sustainability on the financial performance of investments, and the success of voluntary initiatives and regulations to promote sustainability in the investment process.

The Assistant Professorship in Sustainable Finance was newly established at the University of Cologne on the initiative of the CFR. At this point, we would like to express our special thanks to the institutions that made the establishment of this position possible through their donations: Ampega Asset Management GmbH, Gesamtverband der Deutschen Versicherungswirtschaft e.V., Gothaer Stiftung, HSBC Trinkaus & Burkhardt AG, NRW.BANK, Quoniam Asset Management, Kreissparkasse Köln, Stadtsparkasse Düsseldorf and Sparkasse KölnBonn.