Miguel Serrano
Assistant Professor
Email: mserranoc@unizar.es
Short bio
Miguel Serrano is an Assistant Professor from the Department of Accounting and Finance, University of Zaragoza. He received his doctorate from the University of Zaragoza in 2017 after the defense of the thesis “Three essays about mutual fund and manager behaviour”.
His research mainly focuses on mutual funds and manager behaviour. Specifically, he has analyzed the financial implications of manager replacement in Spanish equity mutual funds. He has also examined the implications of risk shifting to mutual fund investors through the analysis of monthly portfolio holdings by domestic equity mutual funds. He has developed a manager efficiency index that takes into account the level of specialization of managers to define an efficient manager. Additionally, he has analyzed the impact of the management company structure on the level of divergence among mutual funds.
He has published his research in Finance Research Letters, European Journal of Operational Research, International Review of Economics and Finance, and Applied Economics, among others. He has participated in several projects funded by the Spanish Government, and he has also been a member of several research projects for young researchers supported by the Ibercaja Foundation. Lastly, he has served as a member of the scientific committee for the X Workshop for Young Researchers in Business and Economics (2023).
Selected Publications
- Andreu, L., Gimeno, R., and Serrano, M. (2023). Family competition via divergence in the trading of funds, Finance Research Letters, 52, 103548
- Andreu, L., Serrano, M., and Vicente, L. (2019). Efficiency of mutual fund managers: A slacks-based manager efficiency index, European Journal of Operational Research, 273(3), 1180-1193.
- Andreu, L., Sarto, J.L., and Serrano, M. (2019). Risk shifting consequences depending on manager characteristics, International Review of Economics & Finance, 62, 131-152.
- Andreu, L., Sarto, J.L., and Serrano, M. (2015). Implications of manager replacement: evidence from the Spanish mutual fund industry, Applied Economics, 47(13), 1366-1387.