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Adina Yelekenova

Research student

Adina Yelekenova

Lancaster University

The Management School




Adina Yelekenova is a PhD Candidate in Finance at Lancaster University Management School (LUMS). Her main areas of interest include institutional investors, market efficiency, factor investing and market anomalies. Her current PhD research, supervised by Dr. George Wang and Dr. Chelsea Yao, focuses on Exchange Traded Funds and their impact on financial markets. Specifically, she studies how the rise in popularity of factor ETFs affects stock price efficiency. 


At LUMS, Adina holds a teaching assistant position for the module AcF701 "Empirical Asset Pricing: Advanced Topics in Mutual Funds and Investment Strategies" and was awarded a Teaching Excellence Certificate in the summer of 2020. She is also assisting in supervision of MSc Finance students theses in topics related to mutual funds, hedge funds, and fund flows.


Adina holds a Bachelor in Economics degree from Nazarbayev University, Kazakhstan, and a Master of Science degree in Finance and Business Economics with Distinction from University of Manchester.


Before joining PhD program at Lancaster, Adina has been working as a teaching assistant at Nazarbayev University Graduate School of Business (NUGSB) in Nur-Sultan, Kazakhstan. Her job responsibilities included conducting seminars and tutorials for MBA and Executive MBA students, assisting in thesis supervision for MSc Finance students, and providing SAS workshops. As part of the NUGSB collaboration program, she was assisting the "Raising Capital" module at the Duke University's Fuqua School of Business, working with Prof. David Robinson and Dr. Manuel Adelino.

Current Teaching

AcF101 "Quantitative Methods for Accounting and Finance"

AcF602 "Advanced Investment Management"

AcF701 "Empirical Asset Pricing: Advanced Topics in Mutual Funds and Investment Strategies"

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