Jennifer Juergens interviews Jules van Binsbergen, Professor of Finance at the Wharton School, University of Pennsylvania. In this video, Professor van Binsbergen discusses his research related to investment fund management, mutual fund performance benchmarks, and optimal capital structure. Key topics include:

• Active versus passive mutual fund management debate

• Relationship between fund performance and fund flows

• Duration-based stock valuation

• Tradeoffs between costs and benefits of debt in capital structure

 Jules van Binsbergen is a finance expert who specializes in issues related to asset pricing, institutional investors, and investments. He analyzes a range of topics arising in mutual funds and pension plans, as well as asset allocation, risk evaluation, capital structure, dividend pricing, and determinants of the cost of debt.