Sheridan Titman, Ph.D., Renowned Academic on Quantitative Investing, Becomes Advisor to Gerstein Fis

Updated

Sheridan Titman, Ph.D., Renowned Academic on Quantitative Investing, Becomes Advisor to Gerstein Fisher

Bringing decades of groundbreaking research on quantitative equity strategies, mutual funds, and real estate finance, Dr. Titman will work closely with Gerstein Fisher's Investment Strategy Group on research and investment strategy

NEW YORK--(BUSINESS WIRE)-- Independent investment management firm Gerstein Fisher announced that it has entered into a research and strategic collaboration with Dr. Sheridan Titman.


Dr. Titman currently serves as a professor of finance at the University of Texas at Austin, where he holds the McAllister Centennial Chair in Financial Services at the McCombs School of Business, and as a research associate at the National Bureau of Economic Research. He just completed a term as the 2012 President of the American Finance Association, the premier academic organization devoted to the study and promotion of knowledge about financial economics. Dr. Titman holds a B.S. degree from the University of Colorado, Boulder and an M.S. and Ph.D. from Carnegie Mellon University.

Over the course of his career, Dr Timan's work has included both theoretical and empirical research on asset pricing, corporate finance, and real estate and energy finance, and he has authored several noted papers on the phenomenon of momentum, a key component of Gerstein Fisher's multi-factor equity investment strategies. In 1993, the year of Gerstein Fisher's founding, a landmark study on the profitability of momentum strategies by Dr. Titman and Dr. Narasimhan Jegadeesh was published, suggesting that building portfolios that are overexposed to past strong-performing stocks and underexposed to recent weak performers could earn investors abnormally large returns over a six-to-twelve month horizon.

With shared research interests that include momentum, quantitative investment strategies, the evaluation of mutual fund performance, and real estate investing, as well as a common commitment to educating individual investors, both Dr. Titman and members of the Gerstein Fisher Investment Strategy Group are looking forward to a vibrant and productive collaboration.

"Sheridan's trailblazing research on factor-based investing has contributed substantively to our firm's investment philosophy" said Gregg S. Fisher, Gerstein Fisher's Founder and Chief Investment Officer. "It is a true privilege to have the opportunity now to collaborate directly on investment strategy with such a preeminent mind in our field."

When asked why Dr. Titman chose to work with Gerstein Fisher, he explained, "Gerstein Fisher distinctly combines an impressive sophistication in asset allocation, strong technical expertise, and a commitment to helping individual investors build long-term wealth."

Dr. Titman will speak about the application of quantitative strategies to real estate investing at Gerstein Fisher's Real Talks event to be held in New York City on Wednesday, April 3, from 6:00 PM to 8:30 PM. For more information about the event, go here: www.gersteinfisher.com/real-talks.

About Gerstein Fisher

Gerstein Fisher is an independent investment advisory firm based in New York City. Founded in 1993 by President & Chief Investment Officer Gregg S. Fisher, the firm manages and/or consults on over $2 billion in assets on behalf of individuals, families, institutions, endowments, foundations, as well as mutual fund investors through Gerstein-Fisher Multi-Factor Growth Equity Fund (GFMGX) and Gerstein-Fisher Multi-Factor International Growth Equity Fund (GFIGX). The firm uses a disciplined, quantitative, research-based investment approach that is grounded in economic theory and common sense. For more information, please visit www.gersteinfisher.com.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 212-968-0707, or visitingwww.GersteinFisher.com/gfmgx. Read carefully before investing.

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities which involve greater volatility and political, economic and currency risks as well as differences in accounting methods. Small- and Medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. Growth stocks typically are relatively more expensive than value stocks; however, value stocks have a lower expected growth rate in earnings and sales. Securities with "momentum" have recently had above-average returns and may be more volatile than a broad cross-section of securities.

The Gerstein Fisher Funds are distributed by Quasar Distributors, LLC



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