Martin J. Gruber
Martin J. Gruber | |
---|---|
Born | 1937 (age 86–87) |
Nationality | American |
Education | Massachusetts Institute of Technology (BS) Columbia University (MBA, PhD) |
Academic career | |
Field | Finance |
Institution | New York University Stern School of Business |
Website | pages |
Martin Jay Gruber is professor emeritus of finance and scholar in residence at the Stern School of Business, New York University, where he was previously Nomura professor of finance (1987-2010) and chair of the finance department (1989-1997).[1]
He was elected president of the American Finance Association[2] in 1995. He is director emeritus of the National Bureau of Economic Research,[3] where he was on the investment committee.
His research studies mutual funds, pension funds, and expectations in the process of security price formation.[1] He has been honored for his research by several academic and industry organizations[4][5][6][7]
With Edwin Elton, he wrote Modern Portfolio Theory and Investment Analysis (Wiley), now in its 9th edition,[8] a standard textbook in the field of modern portfolio theory.
Early life and education
[edit]He graduated from MIT with an SB in chemical engineering, and received an MBA in production management and a PhD in finance and economics from Columbia University.
Career
[edit]He joined the Stern School of Business as assistant professor of finance in 1965, and spent his academic career there except for a two year visiting position at the International Institute of Management, Berlin.[1]
He was chairman of the board of directors of the Japan Equity Fund,[9] chairman of the board of trustees of CREF and later TIAA-CREF,[10] and a director at DWS Scudder,[11] the Singapore Equity Fund,[12] TIAA, and the S.G. Cowen Mutual Funds.[13]
Among other editorships, he was editor of the Journal of Finance from 1983-1988.[14]
Publications
[edit]He has written seven books and over 100 articles in scholarly journals, several with his longtime coauthor Edwin Elton.[1]
His pre-1996 articles are collected in a book published by MIT Press, "Investments" in two volumes.[15] His post-1996 articles are collected in a book published by World Scientific, "Investments and portfolio performance".[16]
Honors
[edit]- Docteur "honoris causa", University of Liege, Belgium [1]
- Fellow of the American Finance Association [4]
- Fellow of the Financial Management Association[5]
- Fellow of the Institute for Quantitative Research in Finance[6]
- James Vertin Award of the CFA Institute, 2004. The Vertin Award recognizes individuals producing a corpus of research that is valuable to investment professionals[7]
Personal life
[edit]He is the father of Jonathan Gruber, professor of health economics at MIT.[17]
References
[edit]- ^ a b c d e "NYU Stern bio for Martin Gruber". NYU Stern School of Business. Retrieved 16 December 2023.
- ^ "Past Presidents". American Finance Association.
- ^ "Leadership & Governance". National Bureau of Economic Research.
- ^ a b "Fellows". American Finance Association.
- ^ a b "Fellows Program". Financial Management Association.
- ^ a b "Q Group - Fellows of the Q Group". Institute for Quantitative Research in Finance (Q-Group).
- ^ a b "James R Vertin Award research winners". CFA Institute.
- ^ "Modern Portfolio Theory and Investment Analysis, 9th Edition | Wiley". Wiley.com.
- ^ "The Japan Equity Fund, Inc. Announces Approval of Aberdeen as Investment Manager and Election of New Chairman of the Board of Directors". PR Newswire (Press release). Retrieved 17 December 2023.
- ^ "Prospectus of TIAA-CREF Institutional Mutual Funds". Securities and Exchange Commission EDGAR. 4 February 2005. Retrieved 18 December 2023.
- ^ "DWS Tax Free Trust Form N-CSR". Securities and Exchange Commission EDGAR. 31 May 2007. Retrieved 18 December 2023.
- ^ "Aberdeen Singapore Fund, Inc. Announces Resignation Of Martin Gruber As Class II Director". Retrieved 17 December 2023.
- ^ "S.G Cowen Mutual Funds Form 497". Securities and Exchange Commission EDGAR. 26 January 1999. Retrieved 26 December 2023.
- ^ "Current and past editors". Journal of Finance. Retrieved 19 December 2023.
- ^ "Author page for Martin J. Gruber". MIT Press. Retrieved 19 December 2023.
- ^ Elton, Edwin J.; Gruber, Martin J. (2010). "Investments and portfolio performance". doi:10.1142/8034. ISBN 978-981-4335-39-3. S2CID 153846007. Retrieved 19 December 2023.
- ^ "NBER Form 990". ProPublica. 9 May 2013. Retrieved 18 December 2023.