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.

The CFR Working Paper No. 18-05 "The Supply and Effectiveness of Investor Relations in Insider- vs. Outsider-oriented Markets” von Francois Brochet, Peter Limbach, Dmitry Bazhutov, André Betzer and Markus Doumet has been accepted for publication in "Management Science".

The CFR Working Paper No. 18-04 "Knowledge Spillovers in the Mutual Fund Industry through Labor Mobility" by Gjergji Cici, Alexander Kempf and Claudia Peitzmeier has been accepted for publication in the Journal of Banking and Finance.

We are proud to welcome Sebastian Knüchel at the CFR. Sebastian Knüchel is research assistant and PhD student at the Department of Finance at the University of Cologne.

The CFR Working Paper No. 21-07 "Multivariate Crash Risk" by Fousseni Chabi-Yo, Markus Huggenberger and Florian Weigert has been accepted for publication in Journal of Financial Economics.

We congratulate the "CFR-Juniorprofessor" Dr. Peter Limbach very warmly on his call as professor at Bielefeld University. Professor Limbach holds the Chair for Corporate Finance and Governance there since mid-May.