Finance  

Faculty Profile

Russell Wermers
Associate Professor

Ph.D., UCLA

4467 Van Munching Hall
Phone: 301-405-0572
E-mail: rwermers@rhsmith.umd.edu
Personal Web site

Russ Wermers

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.