Keywords

	Ashish Tiwari Associate Professor and Director, PhD Program in Finance Michael Sandler Research Fellow
	Finance S308  John Pappajohn Bus Bldg The University of Iowa, Iowa City, IA 52242-1994	Ph: 319-353-2185 Fax: 319-335-3690 E-mail: ashish-tiwari@uiowa.edu Website CV

Academic History

• PhD in Finance, The University of Iowa, 1994
• MBA in Finance, University of Windsor, 1989

Expertise

• Asset Pricing
• Market Microstructure
• Mutual Funds/Hedge Funds

Awards

• Top quartile of teaching evaluation score rankings: Spring 2006, Spring 2007, Spring 2012
• Runner-up for the Best Paper Award (Investments), European Finance Association Annual Meeting (Copenhagen), August 2012
• Michael Sandler Research Fellowship, 2009
• Tippie College of Business Dean's Teaching Award, 2007
• MBA Finance Elective Faculty of the Year, 2006
• Matthew Bucksbaum Research Fellowship, 2004
• Outstanding Derivatives Paper Award and a $1000 cash prize at the Midwest Finance Association Meetings for "Binomial Option Pricing Biases and Inconsistent Implied Volatilities" (with Brent Lekvin), 2001
• Old Gold Fellowship, 2000
• Best paper prize and a $3000 cash award for "Determinants of the bid-ask spread in an order driven market" (with Puneet Handa and Bob Schwartz) at the Conference on Organization and Quality of Equity Markets, SBF, Bourse de Paris, Paris, 1996

Selected Publications

• Modeling the Cross Section of Stock Returns: A Model Pooling Approach, Michael O'Doherty, N. Eugene Savin, Ashish Tiwari, Journal of Financial and Quantitative Analysis, vol 47, 2012, 1331-1360
• On the Portfolio Properties of Real Estate in Good Times and Bad Times, Real Estate Economics, Volume 38, no 3 , Jay Sa-Aadu, James D. Shilling, Ashish Tiwari, Real Estate Economics, vol 38, 2010, 529-565
• Testing the CAPM Revisited, Surajit Ray, Gene Savin, Ashish Tiwari, Journal of Empirical Finance, vol 16, 2009, 721-733
• Incentive Contracts in Delegated Portfolio Management, Wei Li, Ashish Tiwari, Review of Financial Studies, vol 22, 2009, 4681-4714
• Stock Return Momentum and Investor Fund Choice, Sapp, Travis , Ashish Tiwari, Journal of Investment Management, vol 4 (3), 2006, 73-85
• Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002), Puneet Handa, Ashish Tiwari, Journal of Business, vol 79 (5), 2006, 2423-2468
• Does Stock Return Momentum explain the "Smart Money" Effect?, Ashish Tiwari, Travis Sapp, Journal of Finance, vol 59, 2004, 2605-2622

Working Papers

• Investing in Mutual Funds with Regime Switching, Ashish Tiwari
• Cross Trading and the Cost of Conflicts of Interest of Mutual Fund Advisers, Lorenzo Casavecchia, Ashish Tiwari
• Mutual Fund Flows, Performance Persistence, and Board Quality, Sandy Lai, Ashish Tiwari, Zhe Zhang
• Evaluating Hedge Funds With Pooled Benchmarks, Michael O'Doherty, N. Eugene Savin, Ashish Tiwari

Review and Editorial Work

• Referee, American Economic Review
• Referee, European Financial Management
• Referee, Finance Research Letters
• Referee, Financial Management
• Referee, Financial Review
• Referee, Journal of Banking and Finance
• Referee, Journal of Finance
• Referee, Journal of Financial and Quantitative Analysis
• Referee, Journal of Financial Markets
• Referee, Journal of Financial Research
• Referee, Journal of Financial Services Research
• Referee, Journal of Forecasting
• Referee, Quantitative Finance
• Referee, Review of Finance
• Referee, Review of Financial Studies

Committees and Professional Service

• Diversity Committee, 2008-current
• Investment Advisory Committee, 2007-current
• Faculty Recruitment Committee, 1999-current
• Faculty Development Advisory Committee, 2008-2010
• Ad Hoc Committee on Collegiate Teaching Award, 2008
• Ballard/Seashore Doctoral Fellowship Award Committee, 2007
• University Academic Technologies Advisory Council (ATAC), 2002-2004
• College Library Committee, 2000-2001