Dr Ali Malik

I am an Assistant Professor/Lecturer in Finance at the University of Leicester. I hold a PhD in Finance. My research interests are in Asset Pricing, Mutual Funds, Stock Returns and Liquidity, Corporate Bonds, and Financial Markets.

I am interested in analyzing the impact of uncertainties (e.g.,  economic, political, and monetary policy uncertainty) on the cross-sectional stock and bond returns and liquidity. Some of my recent research has been focused on evaluating the flows and performance of mutual funds. I try to identify the factors which affect the flows and performance of funds in the cross-section and at an aggregate-level. I am also interested in the time-series modelling of financial and economic variables, and in examining the impact of investor/political sentiment and price shocks on the corporate behavior. My research has been published in journals such as, Journal of Empirical Finance, Financial Review, Financial Markets, Institutions & Instruments, Economic Modelling, Finance Research Letters, Applied Economics, among others.

Selected (recent) Publications

Malik, A. K., & Colak, G. (2026). FOMC Meetings, Monetary Policy Uncertainty, and Mutual Fund Alpha. Financial Markets, Institutions & Instruments, fmii.70007. https://doi.org/10.1111/fmii.70007

Malik, A. K. (2025). Exposure to Left‐Tail Risk, Risk Appetite, and Mutual Fund Flows. Financial Review, fire.70043. https://doi.org/10.1111/fire.70043

Malik, A. K., & Colak, G. (2025). Twitter-based economic uncertainty and corporate bond credit spreads. Finance Research Letters, 85, 108267. https://doi.org/10.1016/j.frl.2025.108267

Malik, A. K. & Colak, G. (2025). Political sentiment and abnormal accruals. Applied Economics, 57(50), 8392–8406. https://doi.org/10.1080/00036846.2024.2399815

Malik, A. K., Colak, G., & Löflund, A. (2024). Gold, platinum, and mutual fund flows. Journal of Empirical Finance, 79, 101552. https://doi.org/10.1016/j.jempfin.2024.101552

 

I am willing to supervise PhD students who are interested in working in one of the following areas: Asset pricing, Mutual Funds, Corporate Bond Market, Analysis of Cross-sectional and/or Time-series Equity Returns, and International Financial Markets.  

I am currently teaching Investment Management and Principles of Finance modules.