Martin J. Gruber

From Bogleheads
Martin J. Gruber
Gruber.jpg
NationalityAmerican
Alma materColumbia University
OccupationAcademic
Years activeSince 1965
EmployerLeonard N. Stern School of Business, New York University
Known forAsset management
Mutual funds/pensions
Portfolio management
Portfolio performance
Notable work
Modern Portfolio Theory and Investment Analysis, 9th Edition
Board member ofJapan Equity Fund, Inc.
Singapore Equity Fund Inc.
AwardsJames R. Vertin Award
WebsiteGruber at NYU

Martin J. Gruber is Professor Emeritus and Scholar in Residence at the Leonard N. Stern School of Business of New York University where he previously served as Professor of Finance for 45 years. Research interests include portfolio theory and management, mutual fund structure and performance, and pension funds.

Papers

Gruber received a 1990 Graham & Dodd Scroll Award[1] as co-author of the paper, The Performance of Publicly Offered Commodity Funds[2] and a 1996 Roger F. Murray Prize (second place)[3] as co-author of Participant Reaction and the Performance of Funds Offered by 401(k) Plans.[4] In 2004 Gruber received the James R. Vertin Award in recognition of his having produced a body of research notable for its relevance and enduring value to investment professionals.[5]

Gruber is the co-author of the most cited papers below, ranked from most to least cited.

Year Study
1999 Explaining the Rate Spread on Corporate Bonds[6]
1995 The Persistence of Risk-Adjusted Mutual Fund Performance[7]
2002 Incentive Fees and Mutual Funds [8]
2000 Spiders: Where are the Bugs[9]
2002 Factors Affecting the Valuation of Corporate Bonds[10]
2004 The Adequacy of Investment Choices Offered By 401K Plans[11]

Books

  • Edwin J. Elton; Martin J. Gruber; Stephen J. Brown; William N. Goetzmann (2014). Modern Portfolio Theory and Investment Analysis. Wiley. p. 752. ISBN 978-1118469941.
  • Edwin J. Elton; Martin J. Gruber (1999). Investments, Vol. 1: Portfolio Theory and Asset Pricing. The MIT Press. p. 492. ISBN 978-0262050593.
  • Edwin J. Elton; Martin J. Gruber (1999). Investments, Vol. 2: Securities Prices and Performance. The MIT Press. p. 451. ISBN 978-0262050609.
  • Edwin J. Elton; Martin J. Gruber (1989). Japanese Capital Markets: Analysis and Characteristics of Equity, Debt, and Financial Futures Markets (Institutional Investor Series in Finance). Ballinger Pub Co. p. 256. ISBN 978-0887303395.
  • Edwin J. Elton; Martin J. Gruber, eds. (1975). Finance as a Dynamic Process (Foundations of Finance). Prentice Hall. p. 176. ISBN 978-0133146905.
  • Edwin J. Elton; Martin J. Gruber (1972). Security Evaluation and Portfolio Analysis. Prentice Hall. p. 608. ISBN 978-0137990153.

Other interests

Gruber is a Director and chairman of the board of the Japan Equity Fund, Inc., and a director of the Singapore Equity Fund Inc. He has been Chairman of the Equity Committee and a member of the DWS Mutual Funds New York Board. He has served as a member of the board of trustees of TIAA, a member of the board of CREF, and chairman of the board of CREF, a member of the board of the S.G. Cowen Funds, and chairman of the board of the Thai Equity Fund.[12]

See also

References

  1. "Graham and Dodd Award Winners". CFA Institute. Retrieved December 14, 2015.
  2. Elton, Edwin J.; Gruber, Martin J.; Rentzler, Joel (1990). The Performance of Publicly Offered Commodity Funds. Financial Analysts Journal: CFA Institute. pp. 23–30.
  3. "Roger F. Murray Prize". Qgroup. Retrieved December 22, 2015.
  4. Elton, Edwin J.; Gruber, Martin J.; Blake, Christopher R. (2006). Participant Reaction and the Performance of Funds Offered by 401(k) Plans. EFA 2006 Zurich Meetings: SSRN.{{cite book}}: CS1 maint: location (link)
  5. "James R. Vertin Award". CFA Institute. Retrieved January 4, 2016.
  6. Elton, Edwin J.; Gruber, Martin J.; Agrawal, Deepak; Mann, Christopher (1999). Explaining the Rate Spread on Corporate Bonds. NYU Working Paper No. FIN-99-082: SSRN.{{cite book}}: CS1 maint: location (link)
  7. Elton, Edwin J.; Gruber, Martin J.; Blake, Christopher R. (1995). The Persistence of Risk-Adjusted Mutual Fund Performance. NYU Working Paper No. FIN-95-018: SSRN.{{cite book}}: CS1 maint: location (link)
  8. Elton, Edwin J.; Gruber, Martin J.; Blake, Christopher R. (2002). Incentive Fees and Mutual Funds. NYU Working Paper No. FIN-01-050: SSRN.{{cite book}}: CS1 maint: location (link)
  9. Elton, Edwin J.; Gruber, Martin J.; Commer, George; Li, Kai (200). Spiders: Where are the Bugs. SSRN.
  10. Elton, Edwin J.; Gruber, Martin J.; Agrawal, Deepak; Mann, Christopher (2002). Factors Affecting the Valuation of Corporate Bonds. NYU Working Paper: SSRN.
  11. Elton, Edwin J.; Gruber, Martin J.; 1Blake, Christopher R. (2004). The Adequacy of Investment Choices Offered By 401K Plans. EFA 2004 Maastricht Meetings Paper No. 1176: SSRN.{{cite book}}: CS1 maint: location (link)
  12. "Company Overview of Aberdeen Japan Equity Fund, Inc". Bloomberg. Retrieved January 6, 2016.

External links