Director, Graduate Studies, Finance

Henry B. Tippie Research Professor in Finance, Finance

Professor, Finance

PhD in Business Administration, University of Iowa

MBA in Finance, University of Windsor

MBA in Finance and MIS, Panjab University

Asset Pricing

Mutual Funds

Hedge Funds

Financial Econometrics

Distinguished Faculty Mentor Award - Tippie College of Business, 2024

Third Prize, Academic Paper Competition - Chicago Quantitiave Alliance, 2021

Henry B. Tippie Research Fellow - Tippie College of Business, 2013

Runner-up, Best Paper Award - European Finance Association Annual Meeting, 2012

Best Paper Award - Finance & Corporate Governance Conference, 2011

Michael Sandler Research Fellowship - University of Iowa, 2009

Dean's Teaching Award - Tippie College of Business, 2007

Matthew Bucksbaum Research Fellowship, 2004

Outstanding Derivatives Paper Award - Midwest Finance Association, 2001

Old Gold Fellowship - University of Iowa, 2000

American Finance Association

Econometric Society

European Finance Association

Financial Management Association

Western Finance Association

Li, W., Tiwari, A., & Tong, L. (2022). Mutual fund tournaments and fund Active Share. Journal of Financial Stability. 63. DOI: https://doi.org/10.1016/j.jfs.2022.101083.

Cederburg, S., O'Doherty, M., Savin, N., & Tiwari, A. (2018). Conditional Benchmarks and Predictors of Mutual Fund Performance. Critical Finance Review. 7 (2) pp. 331-372. DOI: 10.1561/104.00000062.

Li, W., Tiwari, A., & Tong, L. (2017). Investment Decisions under Ambiguity: Evidence from Mutual Fund Investor Behavior. Management Science. 63 (8) pp. 2509-2528.

O'Doherty, M., Savin, N., & Tiwari, A. (2017). Hedge Fund Replication: A Model Combination Approach. Review of Finance. 21 (4) pp. 1767-1804.

Casavecchia, L. & Tiwari, A. (2016). Cross Trading by Investment Advisers: Implications for Mutual Fund Performance. Journal of Financial Intermediation. 25 pp. 99-130.

O'Doherty, M., Savin, N., & Tiwari, A. (2016). Evaluating Hedge Funds With Pooled Benchmarks. Management Science. 62 (1) pp. 69-89.

O'Doherty, M., savin, N. E., & Tiwari, A. (2012). Modeling the Cross Section of Stock Returns: A Model Pooling Approach. Journal of Financial and Quantitative Analysis. 47 (6) pp. 1331-1360.

Sa-Aadu, J., Shilling, J. D., & Tiwari, A. (2010). On the Portfolio Properties of Real Estate in Good Times and Bad Times. Real Estate Economics. 38 (3) pp. 529-565.

Li, W. & Tiwari, A. (2009). Incentive Contracts in Delegated Portfolio Management. The Review of Financial Studies. 22 pp. 4681-4714.

Ray, S., Savin, G., & Tiwari, A. (2009). Testing the CAPM Revisited. Journal of Empirical Finance. 16 pp. 721-733.

"Prime Time for Prime Funds: Floating NAV, Intraday Redemptions and Liquidity Risk During Crises," Accepted Speaker at American Finance Association Annual Meeting, January 2022.

"Evaluating Hedge Funds with Machine Learning-Based Benchmarks," Guest/Invited Speaker at University of Western Ontario, London, ON, Canada, October 2024.

"Uncovering Sparsity in the SDF," Accepted Presentation at Financial Management Association Annual Meeting, Grapevine, Texas, October 2024. (With Shu, Tengjia)

"Evaluating Hedge Funds with Machine Learning-Based Benchmarks," Guest/Invited Speaker at Econometric Society, Ithaca, NY, United States, August 2024. (With Shu, Tengjia)

"Evaluating Hedge Funds with Machine Learning-Based Benchmarks," Accepted Presentation at China International Conference in Finance, China, July 2024. (With Shu, Tengjia)

"Evaluating Hedge Funds with Machine Learning-Based Benchmarks," Accepted Speaker at Financial Management Association, Turin, Italy, June 2024.

"Prime Time For Prime Funds: Floating NAV, Intraday Redemptions and Liquidity Risk During Crises," Accepted Speaker at International Risk Management Conference, Milan, Italy, June 2024.

"Evaluating Hedge Funds with Machine Learning-Based Benchmarks," Guest/Invited Speaker at Lehigh University, United States, April 2022.

"Prime Time for Prime Funds: Floating NAV, Intraday Redemptions and Liquidity Risk During Crises," Accepted Speaker at Conference on Financial Market Regulation, United States, May 2021.

Casavecchia, L., Ge, C., Li, W., & Tiwari, A. (2024). Prime Time for Prime Funds: Floating NAV, Intraday Redemptions and Liquidity Risk During Crises.

Shu, T. & Tiwari, A. (2024). Uncovering Sparsity in the SDF.

Shu, T. & Tiwari, A. (2024). Evaluating Hedge Funds with Machine Learning-Based Benchmarks.