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Dr. Erik Benrud Authors Book Chapter

October 26, 2009

Dr. Erik Benrud recently authored a chapter in the book "Historical Evolution of Dividends" The Blackwell Companion to Dividends and Dividend Policy.   

Benrud holds the Chartered Financial Analyst (CFA®), Financial Risk Manager (FRM®), and Chartered Alternative Investment Advisor (CAIA®) designations. His current research in alternative investments examines trends in alternative investment allocations and the trend in hedge-fund lockup periods and fees.  

Benrud has documented and modeled the current trend of funds willing to offer lower fees for longer lockup periods.

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By offering potential investors more choices with respect to fees charged and the required time for keeping their capital invested, Erik Benrud, Ph.D., clinical professor of finance at Drexel LeBow, demonstrates in his recent article in Financial Decisions that hedge fund managers can keep more capital invested even in the face of a financial crisis and a declining number of such investors.