Since the dawn of financial innovation, legendary gurus have always held the spotlight, as these individuals helped shape and develop the market we know today. Though their contributions are certainly significant, there is one group of sometimes overlooked individuals who have continually played a major role in the world of finance and economics: professors. And with the ETF industry continuing its rapid development and expansion, academics are getting on board.
These professors are reshaping the curriculum, teaching extensively about exchange-traded funds, which, until recently, were rarely covered in the coursework of many major universities. Some of the names on this list have even translated their academic theories into investment results, helping create some of the most intriguing ETFs out there. For those wondering who exactly is behind the ETF evolution, we highlight several well-accomplished ETF-friendly professors (in no particular order).
K.J. Martijn Cremers is a professor of finance at the University of Notre Dame and is the Associate Editor of the Review of Financial Studies and at the Review of Finance. Professor Cremers introduced a new measure of active management the “Active Share,” which has become widely used in the financial industry.
Specialties: Empirical Asset Pricing, Corporate Governance, Investment Management.
Academic Work: The Mutual Fund Industry Worldwide: Explict and Clost Indexing, Fees, and Performance