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Faculty Profile
Russ Wermers is an Associate
Professor of Finance at the
Smith School of Business,
University of Maryland at
College Park, where he won a
campus-wide teaching award
during 2005. His main research
interests include studies of the
efficiency of securities
markets, as well as the role of
institutional investors in
setting stock prices. Most
notably, his past research has
developed new approaches to
measuring and attributing the
performance of mutual funds,
pension funds, and hedge funds,
as well as devising winning
strategies for investing in
these funds. Professor Wermers
also studies the investment
behavior of these asset
managers, as well as the impact
of their trades on stock
markets. His papers have been
published in The American
Economic Review, The Review of
Financial Studies, The Journal
of Financial Economics, and
The Journal of Finance. His
coauthored article on mutual
fund performance was a finalist
for the Smith-Breeden Award for
the Best Paper in the
Journal of Finance during
2006/2007. He is coauthor of a
book on performance evaluation
and attribution for academics
and practitioners, available
during Fall 2012. He received
his Ph.D. from the University of
California, Los Angeles, during
1995.
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