Research Foundation Review Board
William J. Bernstein is a principal of Efficient Frontier Advisors, LLC.
Elroy Dimson, FSIP, is emeritus professor of finance at London Business School and visiting professor of finance at Cambridge Judge Business School. He also serves as chair of the strategy council for Norwegian Government Pension Fund Global. Professor Dimson has co-authored several books, worked as editor at a number of journals, including the Journal of Finance and Journal of Investment Management, and contributed to the CFA Institute Investment Management Code of Conduct for Endowments, Foundations, and Charitable Organizations. He is also the recipient of the 2011 James R. Vertin Award from the Research Foundation of CFA Institute, for producing a body of research notable for its relevance and enduring value to investment professionals. Professor Dimson holds a PhD from London Business School.
William N. Goetzmann is Edwin J. Beinecke Professor of Finance and Management Studies and director of the International Center for Finance at Yale School of Management, New Haven, Connecticut.
Robert E. Kiernan III is chief executive officer of Advanced Portfolio Management LLC. Previously, he held management positions at Salomon Brothers and Lehman Brothers, where he was also a member of multiple investment, commitment, and operating committees. Mr. Kiernan is a member of the Research Review Board of the Research Foundation of CFA Institute. He holds AB and AM degrees from Boston College, as well as an MBA from the University of Chicago.
Charles E. and Susan T. Harris Professor of Finance and Director, Laboratory for Financial Engineering, Sloan School of Management, MIT
Andrew W. Lo is Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management and the director of MIT’s Laboratory for Financial Engineering. He focuses his research on the fundamental aspects of investments and financial markets, including the measurement of illiquidity risk in hedge fund returns, the growth of systemic risk in the hedge fund industry, and most recently, evolutionary and neurobiological models of individual risk preferences and financial markets. Before joining MIT’s finance faculty, Mr. Lo taught at the University of Pennsylvania’s Wharton School. He has published numerous articles and books on finance and economics. Mr. Lo received his PhD in economics from Harvard University.
Stephen C. Sexauer is CIO, San Diego County Employees Retirement Association.