Research Interests

• Portfolio management
• Asset allocation
• The cost of capital
• Global risk management

Selected Publications

Teaching and Professional Experience

• J. Paul Sticht Professor of International Business, Fuqua School of Business, Duke University
• Research Associate, National Bureau of Economic Research
• Research Associate, Institute of International Integration Studies, Trinity College, Dublin
• Board of Governors of the Federal Reserve System
• Hanken: Svenska Handelshgskolan , Swedish School of Economics and Business Administration
• Handelshogskolan I Stockholm , Stockholm School of Economics
• University of Chicago
• Helsingin Kauppakorkeakoulu, Helsinki School of Economics and Business Administration
• Editor, Journal of Finance
• Co-Editor, Review of Financial Studies
• Co-Editor, Emerging Markets Review
• Co-Editor, Emerging Markets Quarterly
• Associate or Advisory Editor of 19 journals, including the Journal of Financial Economics, Journal Financial and Quantitative Analysis, and Financial Analyst Journal
• Founding Director of the Duke-CFO Survey
• President, Western Finance Association
• Program Chair, Western Finance Association
• Executive Committee Member, American Finance Association
• Director, American Finance Association
• Director, Western Finance Association
• Nominating Committee, American Finance Association
• Acting President, African Finance Association
• Advisory Board, World Bank-International Monetary Fund-Brookings Institution Financial Markets and Development Conference

Degrees

• Ph.D., Doktorer honoris causa, Hanken: Svenska Handelshgskolan
• Ph.D., University of Chicago
• MBA, York University
• B.S., Trinity College, University of Toronto

Specialties

• Investments
• Risk premiums
• Tactical asset allocation in international settings