91�� News - Ruslan Goyenko

AI is changing how investment firms allocate work

webfull — Mon, 04 May 2026 17:03:47 +0000

As artificial intelligence becomes more embedded in investment management, Russ Goyenko, an associate professor of finance at 91��’s Desautels Faculty of Management, says the technology is likely to reshape how firms allocate work.

AI is increasingly being used to support research, idea generation and portfolio analysis across the industry. Goyenko suggests one likely consequence will be less demand for analysts, as AI takes over time-intensive tasks such as reviewing reports and earnings calls.

Published: 4 May 2026

91�� Desautels professors and lecturers recognized at Faculty Awards

webfull — Wed, 16 Apr 2025 15:08:41 +0000

The 91�� Desautels Faculty of Management acknowledges the vital contributions of research, teaching, service, and public engagement in inspiring future leaders. Through our annual Faculty Awards, we celebrate the exceptional achievements of our faculty members across various programs and disciplines. This year, we are proud to honour the following distinguished individuals:

Research

Desautels Faculty Scholar Award: Ruslan Goyenko

Published: 16 April 2025

Chinese tech firm DeepSeek shows smaller firms can compete with tech giants in AI

webfull — Tue, 01 Apr 2025 17:49:19 +0000

When OpenAI released ChatGPT in late 2022, the hype around AI began building to a fever pitch. Big money poured in to big tech, sending the stock of companies like Microsoft and Nvidia soaring. But a December 2024 AI chatbot release from a much smaller Chinese tech firm is showing that generative AI can be built a much more modest budget. “Deepseek shows that smaller companies with more limited resources can compete with tech giants,” Prof. Ruslan Goyenko told Benefits Canada.

Published: 1 April 2025

For hedge funds, trade volumes have a substantial effect on investment returns

webfull — Wed, 06 Nov 2024 18:52:15 +0000

The timing of stock trades can be as important as the choice of equities to buy or sell. When trading volume is low, large purchases can drive up a stock’s price, raising costs for the trader. A working paper from the National Bureau of Economic Research by Associate Professor of Finance Ruslan Goyenko finds that returns associated with trade timing are substantial—they can impact returns as much as stock selection itself.

Published: 6 November 2024

Reproducibility in Management Science

webfull — Mon, 11 Mar 2024 14:33:29 +0000

Authors: Miloš Fišar, Ben Greiner, Christoph Huber, Elena Katok,
Ali I. Ozkes, and the Management Science Reproducibility Collaboration*

*Co-authors included among the Collaboration are four members of the Desautels community:
Ruslan Goyenko, Brian Rubineau, Chengyu Zhang and Yaping Zheng (now at U. of Alberta)

Published: 11 March 2024

AI can be a powerful tool for asset managers

webfull — Wed, 14 Feb 2024 18:35:57 +0000

Artificial intelligence isn’t a crystal ball, but it can analyze exponentially more data than any human can, and that has the potential to transform the financial services industry. “It’s the most powerful tool I’ve ever seen applicable to investments,” says Professor Ruslan Goyenko in an interview with Benefits Canada. Asset managers can use it to improve active management, and to weather challenging market conditions. “It makes the current investment book obsolete.

Published: 14 February 2024

FIRM Labs seeks to make AI tools more accessible to individual investors

webfull — Tue, 12 Jul 2022 19:12:55 +0000

Artificial intelligence (AI) has changed the way the way that equities are managed – but it has mostly been used by institutions. Prof. Ruslan Goyenko wants to change that. Goyenko is the Scientific Director of Finance Innovation and Risk Management (FIRM) Labs, which brings together financial economists and computer scientists to develop AI-driven portfolio management models that it will distribute to the public.

Published: 12 July 2022

2019 SSHRC Grants awarded

webfull — Fri, 11 Oct 2019 16:21:36 +0000

Congratulations to the Desautels professors who received 2019 SSHRC Grants.

SSHRC Insight Development Grants

Published: 11 October 2019

Professor Ruslan Goyenko awarded 2019 SSHRC Insight Grant

webfull — Thu, 10 Oct 2019 14:30:03 +0000

Ruslan Goyenko, Associate Professor in Finance, awarded 2019 SSHRC Insight Grant

Published: 10 October 2019

Ruslan Goyenko paper "Illiquidity Premia in Equity Option Markets" selected Editor's Choice in Review of Financial Studies

webfull — Thu, 29 Mar 2018 18:22:35 +0000

Professor Ruslan Goyenko's paper "Illiquidity Premia in Equity Option Markets" with Peter Christoffersen, Kris Jacobs and Mehdi Karoui was selected as Editor's Choice article in the March 2018 issue of Review of Financial Studies.

Published: 29 March 2018

91������ News - Ruslan Goyenko