Jack D. Furst Professor of Finance
Ph. D., University of North Carolina, 1995; MBA Wake Forest University, B.A. (Hons) Delhi University
Institutional trading (market microstructure), delegated portfolio management, trading strategies, corporate finance
Dimensional Fund Advisors
Performance persistence in institutional investment management; trading by crossing, co-movement and return predictability; exchange traded funds; competition and performance.
Academic Positions Held
Arizona State University: 2005-present; Emory University: Associate Professor and Area Chair, 1997-2005; Purdue University: Assistant Professor, 1995-1997.
Career and Recent Professional Awards; Teaching Awards
Q Group Research Award
“Investing in a global world,” co-authored with Jeff Busse and Amit Goyal, forthcoming Review of Finance.
“Style investing, comovement and return predictability,” co-authored with M. Deniz Yavuz, Journal of Financial Economics, 2013, 107, 136-155.
“Competition among mutual funds”, co-authored with Albert Wang, Journal of Financial Economics, 2011, 99, 40-59.
“Performance and persistence in institutional investment management,” co-authored with Amit Goyal and Jeff Busse, Journal of Finance, 2010, 65, 765-790.
“The selection and termination of investment management firms by plan sponsors,” co-authored with Amit Goyal, Journal of Finance, 2008,63, 1805-1847
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 494 - Special Topics
Covers topics of immediate or special interest to a faculty member and students.
FIN 580 - Practicum
Structured practical experience in a professional program, supervised by a practitioner and/or faculty member with whom the student works closely.
FIN 591 - Seminar
A small class emphasizing discussion, presentations by students, and written research papers.