Supervision, Regulation & Credit
Kenechukwu Anadu is a vice president at the Federal Reserve Bank of Boston’s Supervision, Regulation, and Credit Department, where he co-heads the Supervisory Research and Analysis Unit. SRA conducts research and analysis on the risks to financial stability arising from bank and non-banks and supports the Boston Fed’s participation in numerous Federal Reserve System initiatives, including the stress testing program. Kenechukwu is also the co-chair of the Federal Reserve System’s monitoring and analysis program for the largest, most systemically important banks. He teaches corporate finance at UMass Amherst. Prior to joining the Boston Fed., Kenechukwu was a fixed income analyst at the Massachusetts Pension Reserves Investment Management Board.
He earned his BSc. from Northeastern University and an MBA from Babson College. He holds the CFA and CAIA designations.
"Swing pricing Calibration," 2022, SRA Working Paper. With Victoria Liu and Lina Lu
“Swing Pricing Calibration: A Simple Thought Exercise Using ETF Pricing Dynamics to Infer Swing Factors for Mutual Funds,” 2022, SRA Note. With John Levin, Victoria Liu, Noam Tanner, Antoine Malfroy-Camine, and Sean Baker.
"COVID Response: The Money Market Mutual Fund Liquidity Facility," 2022, Economic Policy Review. With Marco Cipriani, Ryan Craver, and Gabriele La Spada
"The Money Market Mutual Fund Liquidity Facility" 2021, SRA Working Paper. With Marco Cipriani, Ryan Craver, and Gabriele La Spada
"Money Market Mutual Funds: Runs, Emergency Liquidity Facilities, and Potential Reforms", 2021 SRA Note. With Siobhan Sanders
“The Shift from Active to Passive Investing: Risks to Financial Stability?,” 2020, Financial Analysts Journal. With Mathias Kruttli, Patrick McCabe, and Emilio Osambela
"Liquidity Transformation Risks in U.S. Bank Loan and High-Yield Mutual Funds", 2019, SRA Note. With Fang Cai
"Reach for Yield by U.S. Public Pension Funds", 2019, SRA Working Paper. With Lina Lu, Matthew Pritsker, Andrei Zlate, and James Bohn
"The Shift from Active to Passive Investing: Potential Risks to Financial Stability?", 2019, SRA Working Paper. With Mathias Kruttli, Patrick McCabe, Emilio Osambela, and Chae Hee Shin
"The Intersection of U.S. Money Market Mutual Fund Reforms, Bank Liquidity Requirements, and the Federal Home Loan Bank System", 2017, SRA Working Paper with Viktoria Baklanova
"The Stability of Prime Money Market Mutual Funds: Sponsor Support from 2007 to 2011", 2012, SRA Working Paper. With Steffanie A. Brady, and Nathaniel R. Cooper