Professor and Chairperson - Finance Department at Institute of Business Administration, Karachi (Aug-2023 to PRESENT)
Professor, Program Director MBA & Executive MBA, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Jan-2023 to Jul-2023)
Professor, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Mar-2021 to Dec-2022)
Associate Professor, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Sep-2020 to Mar-2021)
Associate Professor and Research Fellow-CBER at Institute of Business Administration, Karachi (Oct-2019 to Sep-2020)
Assistant Professor and Research Fellow-CBER at Institute of Business Administration, Karachi (Jul-2015 to Oct-2019)
Assistant Professor at NUST Business School, Islamabad (Jul-2014 to Jun-2015)
Assistant Professor Assistant Professor, Hanken School of Economics, Department of Finance and Statistics, April 2013-July 2013 at Hanken School of Economics (Apr-2013 to Jul-2013)
Assistant General Manager at Pakistan Electronic Media Regulatory Authority (Jan-2003 to Jan-2005)
Junior Executive (HR) at Securities and Exchange Commission of Pakistan (May-2001 to Dec-2002)
Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat ,"When Is Reversal Strong? Evidence From Developed Markets",The Journal of Portfolio Management,Jun 17, 2024,,
Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat ,"Stop-loss rules and momentum payoffs in cryptocurrencies",Journal of Behavioral and Experimental Finance,Sep 01, 2023,,
Dr. Hilal Anwar Butt, Falik Shear, Dr. Mohsin Sadaqat ,"Does Islamic financial development foster economic growth? International evidence",Journal of Islamic Accounting and Business Research,Aug 15, 2023,,
Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat, Muhammad Tahir ,"Butt, H. A., Sadaqat, M., & Tahir, M. (2022). Revisiting the performance of the scaled momentum strategies. China Finance Review International.",China Finance Review International,Jan 19, 2022,United Kingdom,
Dr. Hilal Anwar Butt, Riza Demirer, Dr. Mohsin Sadaqat, Muhammad Tahir Suleman ,"Butt, H. A., Demirer, R., Sadaqat, M., & Suleman, T. (2022). Do emerging stock markets offer an illiquidity premium for local or global investors?. The Quarterly Review of Economics and Finance.",Quarterly Review of Economics and Finance.,May 25, 2022,Netherlands,
Dr. Hilal Anwar Butt, Kenneth Högholm, Dr. Mohsin Sadaqat ,"Butt, H. A., Högholm, K., & Sadaqat, M. (2021). Reversal returns and expected returns from liquidity provision: Evidence from emerging markets. Journal of Multinational Financial Management, 59, 100664.",Journal of Multinational Financial Management,Nov 18, 2021,,Netherlands
Dr. Hilal Anwar Butt, James W. Kolari, Mohsin Sadaqat ,"Revisiting Momentum Profits in Emerging Markets",Pacific Basin Finance Journal,Feb 01, 2021,Netherlands,
Dr. Hilal Anwar Butt, Kenneth Hogholm, Mohsin Sadaqat ,"Reversal Returns and Expected Returns from Liquidity Provision: Evidence from Emerging Markets",Journal of Multinational Financial Management,Mar 01, 2021,Netherlands,
Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat ,"Butt, H. A., & Sadaqat, M. (2020). The pricing of firm-specific risk in emerging markets. The Journal of Investment Strategies, 8(4), 21-32.",The pricing of firm-specific risk in emerging markets. The Journal of Investment Strategies.,Feb 28, 2020,United Kingdom,
Dr. Hilal Anwar Butt, James W. Kolari, Dr. Mohsin Sadaqat ,"Butt, H. A., Kolari, J. W., & Sadaqat, M. (2021). Revisiting momentum profits in emerging markets. Pacific-Basin Finance Journal, 65, 101486.",Pacific Basin Finance Journal,Dec 09, 2020,Netherlands,
Dr. Hilal Anwar Butt, Nader Shehzad Virk ,"Momentum Crashes and Variations to Market Liquidity",International Journal of Finance and Economics,Aug 21, 2020,United States,
Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"Performance of Sharia Based Investment: Evidence from Pakistani Listed Firms",Business & Economic Review,Nov 04, 2019,Pakistan,
Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat ,"The Reversal Strategy: A Test Case for an Emerging Market",IBA Business Review,May 31, 2019,Pakistan,
Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"The Pricing of Firm-specific Risk in Emerging Markets",Journal of Investment Strategies,Dec 31, 2019,,
Dr. Hilal Anwar Butt, Dr Nader Virk ,"Market Downturns, Zero Investment Strategies and Systematic Liquidity Risk",Finance Research Letters,May 23, 2018,United States,
Dr. Hilal Anwar Butt, Kenneth Hogholm ,"The impact of illiquidity risk for the Nordic markets",Spanish Journal of Finance and Accounting-Revista Española de Financiación y Contabilidad,Dec 27, 2018,England,Abingdon
Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Does Volatility Scaling Improve the Performance of Momentum Strategies in Pakistan Stock Exchange?",IBA Business Review,Jun 30, 2017,Pakistan,KARACHI
Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Role of Liquidity in Explaining Anomalous Returns: Evidence from Emerging Market",Business and Economic Review,Sep 30, 2017,Pakistan,Peshawar
Dr. Hilal Anwar Butt, Ihsan Ullah Badshah, Muhammad Tahir Suleman ,"Illusory Nature of Pricing of Illiquidity Effect: The Test Case of Australian Stock Market",Journal of Finance & Economics Research,Oct 29, 2017,Pakistan,KARACHI
Nader Shahzad Virk, Dr. Hilal Anwar Butt ,"Specification Errors of Asset-Pricing Models for a Market Characterized by Few Large Capitalization Firms",Journal of Economics and Finance,Jan 01, 2016,United States,
Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Momentum Profits and Time Varying Illiquidity Effect",Finance Research Letters,Oct 21, 2016,United States,
Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Modeling Sentiment, Temporal Volatility and Excess Returns: Empirical Evidence from Segmented Stock Market",Journal of Business & Economics,Dec 01, 2016,Pakistan,
Dr. Hilal Anwar Butt ,"A Comparison among Various Dimensions of Illiquidity Effect: A Case Study of Finland",Research in International Business and Finance,Jan 20, 2015,Netherlands Antilles,
Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Liquidity and Asset Pricing: An Empirical Investigation of the Nordic Stock Markets",European Financial Management,Sep 17, 2015,United Kingdom,
Case(s)
Book(s)
Conference(s)
Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"Investment Horizon Related Momentum in Volatility Scaled Momentum Strategies",Twenty-Fifth Annual Conference Multinational Finance Society,Jun 24, 2018,Greece,Macedonia
Falik Shear, Dr. Hilal Anwar Butt ,"Relationship between Stock and the Sovereign CDs Markets: A Panel VAR Based Analysis",South Asian Journal of Management Sciences,Aug 24, 2017,Pakistan,KARACHI
Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Time Variation in Liquidity, DMS and Asset Pricing Models",24th Annual Conference, Multinational Finance Society,Jun 28, 2017,Romania,Bucharest
Dr. Hilal Anwar Butt, Ihsan Badshah, Muhemmad Tahir ,"Illusory Nature of Pricing of Illiquidity Effect: The Test Case of Australian Stock Market",23rd Annual Conference of the Multinational Finance Society,Jun 26, 2016,Sweden,Stockholm
Other(s)
Projects
Liquidity Pricing Across the Global MarketsPrincipal Investigator (s): Dr. Hilal Anwer ButtRFPC Funded Project
