http://chronicle.uchicago.edu/030717/trustee-grossman.jpgSanford "Sandy" Jay Grossman (born July 21, 1953) is an American economist and hedge fund director specializing in quantitative finance. Grossman'due south research has spanned the analysis of information in securities markets, corporate structure, property rights, and optimal dynamic chance management. He has published widely in leading economical and business journals, including American Economic Review, Periodical of Econometrics, Econometrica, and Journal of Finance. His research in macroeconomics, finance, and take a chance management has earned numerous awards. Grossman is currently Chairman and CEO of QFS Nugget Management, an affiliate of which he founded in 1988.

Academic career

Sanford Grossman earned his A.B. in 1973, his A.K. in 1974 and Ph.D. in 1975, all in economics from the University of Chicago. Since receiving his doctorate, he has held academic appointments at Stanford Academy, the University of Chicago, Princeton University (as the John Fifty. Weinberg Professor of Economics, 1985–89), and at the University of Pennsylvania'southward Wharton School of Business. At Wharton, Grossman held the position of Steinberg Trustee Professor of Finance from 1989 to 1999 (a title now held in Emeritus) and also served as the Director of the Wharton Center for Quantitative Finance (1994–1999).

Professional career

Grossman served as an Economist with the Board of Governors of the Federal Reserve System (1977–78), and was a Public Director of the Chicago Board of Merchandise (1992–96). In 1988, he was elected a Director, in 1992 served every bit Vice President, and in 1994 was President of the American Finance Association.

Grossman formed an affiliate of QFS Nugget Management, L.P. in 1988. The firm is based in Greenwich, Connecticut, and is an culling investment direction firm that uses financial investment models based on Grossman'due south research in economics and quantitative finance. The firm specializes in global macro and foreign exchange investment strategies.

Awards

Grossman'southward original contributions to economical research received official recognition when he was awarded the John Bates Clark Medal by the American Economic Clan at its Dec 1987 annual meeting. Tha aforementioned yr the Q-Group awarded him commencement prize in The Roger F. Murray Prize competition for the paper "An Assay of the Implications for Stock and Futurity Price Volatility of Programme Trading and Dynamic Hedging Strategies." The Editorial Lath of the Fiscal Analysts Journal awarded him the 1988 Graham and Dodd Curlicue for "Program Trading and Marketplace Volatility: A Report on Interday Relationships." Grossman received a Mathematical Finance 1993 Best Paper Honour for his article "Optimal Investment Strategies for Controlling Drawdowns." Grossman received the 1996 Leo Melamed Prize past the University of Chicago Graduate School of Concern for outstanding scholarship past a professor. In 2002, Grossman was recognized by the Academy of Chicago with its Professional Achievement Citation. Most recently, he was awarded the 2009 CME Grouping-MSRI Prize in Innovative Quantitative Applications.

Fonte: http://en.wikipedia.org/wiki/Sanford_J._Grossman