Financial Analysts Journal Editorial Team
The executive editor decides whether and when every submission is suitable for publication in the Financial Analysts Journal, in consultation with the managing editor and CFA Institute. The executive editor may also advise on the overall strategy and management of the Financial Analysts Journal in keeping with its mission and identity and standards.
Yale School of Management
William N. Goetzmann is the Edwin J. Beinecke Professor of Finance and Management Studies and director of the International Center for Finance at the Yale School of Management. He teaches portfolio management, alternative investments, real estate, and financial history and is an expert on a diverse range of investments. Professor Goetzmann’s past work includes studies of stock market predictability, hedge funds, and survival biases in performance measurement. His current research focuses on alternative investing, factor investing, behavioral finance, and the art market. Professor Goetzmann has written and co-authored a number of books, including Modern Portfolio Theory and Investment Analysis; The Origins of Value: The Financial Innovations That Created Modern Capital Markets; The Great Mirror of Folly: Finance, Culture, and the Crash of 1720; and most recently, Money Changes Everything: How Finance Made Civilization Possible.
The managing editor is a staff member of the CFA Institute. They are chiefly responsible for management and oversight of the journal to ensure the Financial Analysts Journal meets its goals and objectives. In consultation with the executive editor, the managing editor makes the final decisions on what is published in the Financial Analysts Journal.
Heidi Raubenheimer, CFA, is the managing editor of the Financial Analysts Journal and head of Journal Publications for CFA Institute. Heidi has been a member of academic faculty of both Stellenbosch University and the University of Cape Town in South Africa. She has been active in financial services in South Africa for most of her professional life and has been a CFA charterholder since 2003.
The associate editors advise the executive editor whether and when every submission assigned to them is suitable for publication in the Financial Analysts Journal.
Florida Atlantic University
Dr. Luis Garcia-Feijóo, CFA, CIPM, is an associate professor of finance at Florida Atlantic University (FAU), where he teaches investments and international finance. He also serves as associate editor of the Financial Analysts Journal and as associate research director for CFA Institute Research Foundation. Prior to joining FAU, Dr. Garcia worked as director, exam development, at CFA Institute, and was an associate professor at Creighton University. He has published his research in leading academic and practitioner journals, such as the Journal of Finance, Review of Asset Pricing Studies, Journal of Banking and Finance, Financial Analysts Journal, and Journal of Portfolio Management. Dr. Garcia is co-author of the book Invest with the Fed: How to Maximize Portfolio Performance Following Federal Reserve Policy. He holds a PhD in finance from the University of Missouri-Columbia. Dr. Garcia actively served on the Board of Directors of the CFA Society of South Florida from 2009 to 2014 and has been an active volunteer for CFA Institute since 2009.
Bank of America Merrill Lynch
Daniel Giamouridis is a managing director in the Global Equities division of Bank of America Merrill Lynch, where he heads globally the Scientific Implementation Group (SIG). Previously, he was an associate professor of finance at the Athens University of Economics and Business. Dr. Giamouridis’s research has appeared in academic and practitioner journals and has also received grants from professional organizations and academic institutions. He holds a PhD in finance from Cass Business School and a MEng in mechanical engineering from NTUA. Dr. Giamouridis is currently affiliated as a visiting/associate member of staff at Cass Business School (City University) and EDHEC-Risk Institute (EDHEC Business School). He is a member of the Governing Board of the Institute for Quantitative Investment Research (INQUIRE) UK and an associate editor of the CFA Institute Financial Analysts Journal.
BYU Marriott School of Business
Steven Thorley, CFA, is the H. Taylor Peery Professor of Finance at the BYU Marriott School of Business. He received his PhD in financial economics from the University of Washington and holds numerous awards for academic excellence, including the Marriott School Outstanding Faculty Award. While on academic leaves from BYU, Professor Thorley has served as the interim Research Director for Analytic Investors, a factor-based fund based in Los Angeles, and for Ensign Peak Advisors in Salt Lake City. His journal publications have been presented at academic and professional seminars around the world and cited in the Wall Street Journal and other financial periodicals.
Professor Thorley is an associate editor of the Financial Analysts Journal. He teaches investments in the MBA program at the Marriott School and acts in a consulting capacity for Analytic Investors. He is currently on the investment committees for Intermountain Healthcare, Deseret Mutual Benefit Administrators, and Brigham Young University.
The Advisory Council advances the mission and identity of the Financial Analysts Journal.
Monash Business School, New York University Stern School
Stephen Brown is at the Monash Business School and is transitioning to emeritus status as professor of finance at NYU Stern School of Business. Previously, Professor Brown worked at Bell Telephone Laboratories, during which he spent time on assignment at the AT&T Pension Fund as district manager and at Yale University as associate professor of finance. He is a member of CFA Society Melbourne and CFA Society New York. Professor Brown has published widely in a range of high-quality journals and is the author of five books, two of which have been translated into Japanese. His research areas of interest include hedge funds, empirical finance, asset allocation and investment management. As well as serving on a number of editorial boards, Professor Brown was a founding editor of the Review of Financial Studies and a managing editor of the Journal of Financial and Quantitative Analysis. He is now executive editor of the CFA Institute Financial Analysts Journal. Professor Brown has served as an expert witness for the US Department of Justice and has testified on his research before a Full Committee Hearing of the US Congress House Financial Services Committee. He served as a member of the Research Evaluation Committee of the Excellence in Research for Australia initiative on behalf of the Commonwealth Government of Australia. Professor Brown received his bachelor of economics from Monash University and his master of business administration and doctor of philosophy in finance from the University of Chicago.
Chief Advisor for Research and Strategy, CBOE Vest LLC
Joanne M. Hill is chief advisor for research and strategy at CBOE Vest Financial, which provides investments that target return profiles aimed at risk reduction, return enhancement or consistent income. Previously, Dr. Hill served as head of institutional investment strategy at ProShares, managing director at Goldman Sachs, and as a faculty member at the University of Massachusetts Amherst. She is a coauthor of A Comprehensive Guide to Exchange-Traded Funds (ETFs) published by the CFA Institute Research Foundation. In addition to serving on the board and heading the research committee for the “Q” Group of the CFA Institute Research Foundation, Dr. Hill serves on the editorial boards of the Financial Analysts Journal®, Journal of Index Investing, and Journal of Alternative Investments. Dr. Hill was a founder and copresident of Women in ETFS, where she continues to serve on the board. She received the William F. Sharpe Indexing Lifetime Achievement Award and the Top Women in Asset Management Award from Money Management Executive. Dr. Hill holds an undergraduate degree from American University, an MA in international affairs from George Washington University, and an MBA and PhD in finance from Syracuse University.
University of California, Los Angeles
University of Texas at Austin
Vassalou Capital Management
Hong Kong Polytechnic University
The Editorial Board works with the editorial team to assess the quality, relevance, and readability of individual submissions consonant with the Financial Analysts Journal mission and identity.
Claude Erb, CFA, is in Los Angeles, California.
Darden Graduate School of Business, University of Virginia
University of Queensland
University of Geneva and Swiss Finance Institute
USC Marshall School of Business
US Air Force Academy
University of Notre Dame
Smith School of Business, University of Maryland