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Biography
Education
Ph.D., Boston College, 2005; MSc, London School of Economics, 1999; BSc, Boston College, 1998
Research Areas
Investments, derivatives, trading activity
Current Projects
Hedge Funds as Liquidity Providers: Evidence from the Lehman Bankruptcy (with Phil Strahan) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1462315
On Tournament Behavior in Hedge Funds: High Water Marks, Managerial Horizon, and the Backfilling Bias (with Vikram Nanda)
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1361846
A Unique View of Hedge Fund Derivatives Usage: Safeguard or Speculation? (with J. Spencer Martin)
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1108795
Stock Market Trading Activity and Returns around Milestones (with Stephan Dieckmann)
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=965297
"Informed Trader Usage of Stock vs. Option Markets: Evidence from Hedge Fund Investment Advisors", with J. Spencer Martin,
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=966696.
Academic Positions Held
Securities and Exchange Commission, Division of Risk, Strategy, and Financial Innovation, Washington, D.C., Visiting Academic Scholar: 2009-Present; Arizona State University: 2005-present
Career and Recent Professional Awards; Teaching Awards
Q Group Research Grant (2009-10), Foundation for Managed Derivatives Research (2003, 2006), Teaching Excellence Award, Boston College (2003), Giffuni Prize for Best Undergraduate Economics Thesis (1998).
Representative Publications
"Share Restrictions and Asset Pricing: Evidence from the Hedge Fund Industry," Journal of Financial Economics, 2007, 33-58.
"Portfolio Performance Evaluation", with Wayne Ferson, in preparation for Foundations and Trends in Finance, Now Publishing, eds.
ASU is a tier 1 research university and W. P. Carey is proud of its strong tradition of teaching and classroom excellence. Our students directly benefit from the research and theories our faculty brings into the classroom. Below is a list of courses being taught during the current semester by this faculty member. Click a course to view it in the ASU course catalog.
FIN 427 - Derivative Financl Securities
Study of stock options, index options, convertible securities, financial futures, warrants, subscription rights, and arbitrage pricing theory.
