The Research Foundation funds grants for high-quality research projects that expand the body of investment knowledge available to practitioners, assist practitioners in understanding and applying this knowledge, and contribute to the investment management community's effectiveness in serving clients.

Each year, the Research Foundation has a variable grant budget for its agenda which is directed by Laurence B. Siegel, Research Director.

• Rethinking the Equity Risk Premium: Hammond, Leibowitz, Siegel

• Expected Returns on Stocks, Bonds, and Alternative Assets: Ilmanen

• The New Discipline of Emotional Finance: Taffler and Tuckett