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Advisor Partners' Chairman Andrew Rudd, Ph.D., has substantial experience
in the industry. He is widely considered an expert in quantitative analysis,
asset allocation, modern portfolio theory, risk management and performance
measurement. He is also Co-founder and Chairman of Advisor Software, Inc.,
a firm that provides client risk profile assessment and asset allocation
tools to the financial services industry. The founder and Chairman of
the former Barra, Inc., and since that firms acquisition by Morgan
Stanley Capital International, Andrew consults part time for the newly-formed
MSCI Barra as Senior Adviser. Andrew is co-author of two industry-leading
books on institutional investing, "Modern Portfolio Theory: The
Principles of Investment Management" and "Option Pricing".
Between 1977 and 1982, Andrew was a professor of finance and operations
research at Cornell University in Ithaca, New York.
Selected Honors and Fellowships:
1995, The Investment Management Consultants Association 1995 Journalism
Award; 1983, Elected Fellow of the Institute of Mathematics and Applications;
1982, The Pomerance Prize for Excellence in the Area of Options Research;
1976, Institute for Business and Economic Research Student Research Award.
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Educational Background:
University of California, Berkeley, Ph.D., conferred June 1978;
Title of Dissertation: Mean-Variance Option Portfolios; University of
California, Berkeley, MBA, conferred June 1976; Title of Report: An Analysis
of Competing Algorithms for Portfolio Selection.
Fields of Specialization,
Finance and International Business:
University of California, Berkeley: M.S. conferred June 1972. Major
in Operations Research with emphasis on mathematical programming and computer
methods.
Sussex University, United Kingdom: B.Sc. (Honors) conferred June 1971.
Major: Mathematics. Minor: Physics.
Memberships and Professional Activities:
American Economic Association, Member; Association of Investment
Management and Research (AIMR), Member; Financial Analysts Journal, Editorial
Board; The Institute for Quantitative Research in Finance, Board Member;
INQUIRE Europe, Chairman, Prize Committee; The Journal of Investing, Global
Advisory Board; Mathematical Sciences Research Institute, Board of Trustees;
Security Analysts of San Francisco, Chairman, Quantitative Investment
Group; University of California, Davis, Dean's Advisory Council, Graduate
School of Management.
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