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Education

Ph.D. Finance and Econometrics - University of Virginia Charlottesville, VA USA 1997

Areas of Expertise

Economics/Managerial Economics

Game Theory

Finance

Alternative Investments

Derivatives

Hedge Funds

Statistics

Applied Econometrics and Time Series Analysis

Selected Works

Articles

Benrud, Erik and Chang, Beryl . "A New Decision for Hedge Fund Managers: Longer Lockups for Lower Fees" Financial Decisions . (Winter 2011)

Benrud, Erik . "A Model of Interest Rate and Loan Covenant Competition " Journal of Modern Accounting and Auditing 7.2 (Feb 2011):193-201

Benrud, Erik and Smirnova, Elena . "The Option-Listing Effect and Depositary Receipts: Is it Different from that of Domestic Stocks?" Banking and Finance Review 2.2 (Dec 2010):21-36

Benrud, Erik . "Trends in Preferences in the Market for Alternative Investments" American Journal of Econ. and Bus. Administration 2.3 (Fall 2010)323-329

Benrud, Erik . "An Early Look at the Deutsche Bank Alternative Investment Survey, 2002–2009 " Journal of Alternative Investments 13.1 (Summer 2010)

Benrud, Erik . "Competition Between High and Low Accuracy Trading Platforms" JOURNAL OF TRADING . (Summer 2009):15

Benrud, Erik . "Predicting Volatility Using Forecast Dispersion: A Model and a Comparison to Option-Implied Volatility" INTERNATIONAL ECONOMICS & FINANCE JOURNAL 3.1 (Spring 2008):123-140

Benrud, Erik . "A Market Model of Analysts’ Opinions to Explain Changes in the Dispersion of Opinions" JOURNAL OF ECONOMICS AND FINANCE 31.2 (Jul 2007):143-165

Benrud, Erik . "Competition Between Low and High Quality Products in the Financial Services Market" JOURNAL OF FINANCIAL SERVICES RESEARCH 23.2 (Feb 2003):133-147

Benrud, Erik . "Challenges of Existing in a Market as a Small, Low-quality Producer" SMALL BUSINESS ECONOMICS 18.4 (Jun 2002):269-280

Benrud, Erik . "The Relationship between the Level and Dispersion of Stock Analysts' Opinions" APPLIED ECONOMICS LETTERS 8.5 (May 2001)

Benrud, Erik . "Useful Properties of Exchange Rate Forecasts for Risk Management and Derivative Pricing" THUNDERBIRD INTERNATIONAL BUSINESS REVIEW 43.3 (Apr 2001)

Books

Benrud, Erik , Filbeck, Greg and Upton, Travis . Derivatives and Risk Management LaCrosse, WI:Schweser Institute, Mar 2004

Chapters

Benrud, Erik . "Historical Evolution of Dividends" The Blackwell Companion to Dividends and Dividend Policy Ed. . Malden, MA :Wiley-Blackwell, May 2009.

Benrud, Erik . "Forum Performance in Web-Based Education: Causes and Effects" Web-Based Ed. . Hershey, PA :Information Science Publishing, Jan 2003.

Presentations

Benrud, Erik . A Model of Interest-Rate and Loan Covenant Competition Eastern Economic Association Meetings : Philadelphia, PA Feb 2010

Benrud, Erik . The Option Listing Effect and Depositary Receipts Financial Management Association : Reno, NV Oct 2009

Benrud, Erik . How Public Should Private Investing Be? Alternative Investing Forum, spring 2009 : New York, NY Apr 2009

Benrud, Erik . FORECASTS OF EXCHANGE RATES AND INTEREST RATES: IS THERE METHOD TO THE MADNESS? Northeast Business & Economics Association Conference : Melville, NY Nov 2008

Proceedings

Benrud, Erik . Forecasts of Exchange Rates and Interest Rates: Is there Method to the Madness? Northeast Business & Economics Association Conference Mar 2008 :Nov 2008

Benrud, Erik . Risk and the Slope of the Swap Yield Curve Association of Global Business Conference May 2007 :Nov 2007

Benrud, Erik . Using the Binomial Distribution to Analyze Analysts’ Opinions Oxford Business & Economics Conference Mar 2007 :Jun 2007

Conferences

Catalyst Partners Alternative Investment Forum, Speaker Apr 19, 2010 -

Eastern Economic Association Meetings, Sesssion Chair Feb 25, 2010 - Feb 27, 2010

Awards

2008-2008 Chartered Alternative Investment Analyst Designation (Chartered Alternative Investment Analyst Association)

2005-2006 Outstanding Undergraduate Professor of the Year (Kogod School/American University)

2003-2004 Financial Risk Manager Designation (Global Association of Risk Managers)

2003 The Black and Decker Research Award (Merrick School/University of Baltimore)

2002 The Chase Bank of Maryland Award for Research in Finance (Merrick School/University of Baltimore)

1995-1999 Certificate of Achievement (CFA Institute)

1991-1993 Chartered Financial Analyst Designation (Chartered Financial Analysts Institute)

Professional Experience

CFA Instructor, Stalla/Becker/Convisor Jan 2001-May 2001

CFA Instructor, Schweser/Kaplan Jan 2002-May 2008

CFP Instructor, Kaplan Jan 2003-May 2003

Curriculum Director for IIExamPrep, Institutional Investor New York, NY Jan 2009-Oct 2009

Keynote Speaker , Catalyst Financial Partners New York, NY Apr 2009-Apr 2009

Panel Moderator, Catalyst Financial Partners New York, NY Oct 2009-Oct 2009

Senior Consultant, Uppermark Amherst, MA Jan 2010-Jun 2010