Ashish Tiwari

University of Iowa

Associate Professor

Finance Department

Henry B. Tippie College of Business, 108 PBB

Iowa City, IA 52242

United States

http://www.biz.uiowa.edu/faculty/atiwari

SCHOLARLY PAPERS

21

DOWNLOADS
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Top 4,422

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7,501

CITATIONS
Rank 4,116

SSRN RANKINGS

Top 4,116

in Total Papers Citations

131

Scholarly Papers (21)

Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002)

Number of pages: 55 Posted: 15 Jan 2001
Puneet Handa and Ashish Tiwari
University of Iowa - Department of Finance and University of Iowa
Downloads 1,217 (12,265)
Citation 11

Abstract:

Predictability, parameter uncertainty, asset allocation, predictive distribution, conditioning information, performance evaluation, market timing

Does Stock Return Predictability Imply Improved Asset Allocation and Performance? Evidence from the U.S. Stock Market (1954-2002)

Journal of Business, Forthcoming
Posted: 14 Apr 2005
Puneet Handa and Ashish Tiwari
University of Iowa - Department of Finance and University of Iowa

Abstract:

Predictability, parameter uncertainty, asset allocation, predictive distribution, conditioning information, performance evaluation, market timing

2.

Portfolio Performance and Strategic Asset Allocation Across Different Economic Conditions

Number of pages: 37 Posted: 15 Mar 2006
Jarjisu Sa-Aadu, James D. Shilling and Ashish Tiwari
University of Iowa - Department of Finance, DePaul University and University of Iowa
Downloads 999 (15,442)
Citation 1

Abstract:

Portfolio diversification, volatility bounds, mean-variance spanning, regime switching

Quote Setting and Price Formation in an Order Driven Market

Number of pages: 42 Posted: 05 Jul 1999
Puneet Handa, Robert A. Schwartz and Ashish Tiwari
University of Iowa - Department of Finance, Baruch College - CUNY and University of Iowa
Downloads 909 (19,211)
Citation 39

Abstract:

Quote Setting and Price Formation in an Order Driven Market

Journal of Financial Markets, Forthcoming
Posted: 14 Aug 2002
Ashish Tiwari, Robert A. Schwartz and Puneet Handa
University of Iowa, Baruch College - CUNY and University of Iowa - Department of Finance

Abstract:

Price Formation, Order driven market, Limit order trading

4.

Sector Fund Performance

University of Iowa Working Paper
Number of pages: 40 Posted: 14 Dec 2001
Anand M. Vijh and Ashish Tiwari
University of Iowa - Department of Finance and University of Iowa
Downloads 730 (25,339)
Citation 3

Abstract:

Sector funds, Sector rotation/timing, Fund Selection Ability, Performance Persistence

5.
Downloads 517 ( 42,697)
Citation 4

Testing the CAPM Revisited

Number of pages: 35 Posted: 23 Mar 2009 Last Revised: 04 Oct 2009
Surajit D. Ray, N. Eugene Savin and Ashish Tiwari
Morgan Stanley, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 371 (63,599)
Citation 4

Abstract:

CAPM, Heteroskedasticity and autocorrelation robust (HAR) tests, Conventional Wald tests

Testing the CAPM Revisited

Journal of Empirical Finance, Vol. 16, No. 5, 2009
Number of pages: 35 Posted: 04 Dec 2009
Surajit D. Ray, N. Eugene Savin and Ashish Tiwari
Morgan Stanley, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 146 (165,468)
Citation 4

Abstract:

CAPM, Heteroskedasticity and autocorrelation robust tests, Heteroskedasticity and autocorrelation consistent estimators, Bartlett and Parzen kernels

6.

Modeling the Cross Section of Stock Returns: A Model Pooling Approach

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 54 Posted: 15 Mar 2010 Last Revised: 06 May 2012
University of Missouri at Columbia - Department of Finance, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 400 (58,746)

Abstract:

Asset pricing, Model pooling, Model combination, Forecasting, Predictive distributions, Log predictive score

7.

Does Stock Return Momentum Explain the 'Smart Money' Effect?

Journal of Finance, Vol. 59, pp. 2605-2622, 2004
Number of pages: 28 Posted: 06 Oct 2003 Last Revised: 10 Aug 2009
Travis Sapp and Ashish Tiwari
Iowa State University - Department of Finance and University of Iowa
Downloads 311 (66,303)
Citation 47

Abstract:

Mutual Fund Cash Flows, Smart Money, Momentum, Performance of fund investors

Incentive Contracts in Delegated Portfolio Management

Review of Financial Studies, Forthcoming
Number of pages: 41 Posted: 22 Mar 2007 Last Revised: 03 Mar 2009
C. Wei Li and Ashish Tiwari
University of Iowa and University of Iowa
Downloads 285 (86,274)
Citation 6

Abstract:

Incentive Contracts, Delegated Portfolio Management, Mutual Funds, Performance Fees

Incentive Contracts in Delegated Portfolio Management

The Review of Financial Studies, Vol. 22, Issue 11, pp. 4681-4714, 2009
Posted: 08 Dec 2009
C. Wei Li and Ashish Tiwari
University of Iowa and University of Iowa

Abstract:

9.

On the Consequences of Mutual Fund Tournaments

Number of pages: 60 Posted: 20 Mar 2005
Wei Li and Ashish Tiwari
University of Iowa - Department of Finance and University of Iowa
Downloads 237 (99,873)
Citation 7

Abstract:

Mutual fund tournaments, implicit incentives, performance chasing, shareholder welfare

10.

Not Held Orders: Evidence on the Value of Order Timing in an Equity Market

Number of pages: 42 Posted: 11 Dec 2000
Puneet Handa, Robert A. Schwartz and Ashish Tiwari
University of Iowa - Department of Finance, Baruch College - CUNY and University of Iowa
Downloads 224 (110,750)
Citation 1

Abstract:

Price impact, order timing, trading floor

The Economic Value of a Trading Floor: Evidence from the American Stock Exchange

Number of pages: 37 Posted: 20 Jul 2002
Ashish Tiwari, Robert A. Schwartz and Puneet Handa
University of Iowa, Baruch College - CUNY and University of Iowa - Department of Finance
Downloads 220 (113,280)
Citation 7

Abstract:

Floor trading, Automated trading, Execution costs

The Economic Value of a Trading Floor: Evidence from the American Stock Exchange

Journal of Business, Forthcoming
Posted: 14 Aug 2002
Ashish Tiwari, Robert A. Schwartz and Puneet Handa
University of Iowa, Baruch College - CUNY and University of Iowa - Department of Finance

Abstract:

Floor trading, Automated trading, Execution costs

12.

Mutual Fund Flows, Performance Persistence, and Board Quality

Number of pages: 38 Posted: 16 Mar 2010
Sandy Lai, Ashish Tiwari and Zhe Zhang
University of Hong Kong, University of Iowa and Singapore Management University
Downloads 192 (129,522)
Citation 1

Abstract:

Mutual fund flows, Short-term performance persistence, Fund board quality

13.

Cross Trading by Investment Advisers: Implications for Mutual Fund Performance

Journal of Financial Intermediation, Forthcoming
Number of pages: 54 Posted: 07 Feb 2013 Last Revised: 12 Aug 2015
Lorenzo Casavecchia and Ashish Tiwari
University of Technology, Sydney - School of Finance and Economics and University of Iowa
Downloads 151 (135,565)
Citation 1

Abstract:

Mutual fund performance, Cross trading, Investment advisers, Brokerage Commissions, Adviser governance

14.

Evaluating Hedge Funds with Pooled Benchmarks

Management Science, Forthcoming
Number of pages: 38 Posted: 12 Dec 2012 Last Revised: 21 Aug 2014
University of Missouri at Columbia - Department of Finance, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 138 (129,522)

Abstract:

Hedge funds, Model pooling, Model combination, Performance evaluation, Predictive distributions, Log predictive score

15.

Hedge Fund Replication: A Model Combination Approach

Review of Finance, Forthcoming
Number of pages: 48 Posted: 25 Jan 2015 Last Revised: 21 Jun 2016
University of Missouri at Columbia - Department of Finance, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 100 (122,462)

Abstract:

Hedge funds, Model pooling, Model combination, Hedge fund replication, Log score

16.

Investment Decisions Under Ambiguity: Evidence from Mutual Fund Investor Behavior

Forthcoming in Management Science
Number of pages: 46 Posted: 27 Sep 2013 Last Revised: 05 Sep 2016
C. Wei Li, Ashish Tiwari and Lin Tong
University of Iowa, University of Iowa and Fordham University - Finance Area
Downloads 100 (150,269)

Abstract:

Ambiguity aversion, Mutual fund performance, Investor behavior, Bayesian learning, Flow-performance sensitivity

17.

Market Liquidity, Funding Liquidity, and Hedge Fund Performance

Number of pages: 51 Posted: 27 May 2014 Last Revised: 21 Feb 2017
Mahmut Ilerisoy, Jarjisu Sa-Aadu and Ashish Tiwari
University of Iowa - Department of Finance, University of Iowa - Department of Finance and University of Iowa
Downloads 98 (168,995)

Abstract:

Market Liquidity, Funding Liquidity, Hedge Fund Performance, Liquidity Regimes, Regime Switching, Liquidity Spirals

18.

Contracting in Delegated Portfolio Management: The Case of Alternative Assets

Number of pages: 42 Posted: 15 Mar 2012 Last Revised: 20 Sep 2013
C. Wei Li and Ashish Tiwari
University of Iowa and University of Iowa
Downloads 51 (302,683)

Abstract:

Delegated Portfolio Management, Incentive Contracts, Hedge Funds, Alternative Investments, Moral Hazard

19.

On the Portfolio Properties of Real Estate in Good Times and Bad Times

Real Estate Economics, Vol. 38, No. 3, pp. 529-565, Fall 2010
Number of pages: 37 Posted: 18 Aug 2010
J. Sa-Aadu, James D. Shilling and Ashish Tiwari
affiliation not provided to SSRN, DePaul University and University of Iowa
Downloads 2 (531,181)
Citation 3

Abstract:

20.

Conditional Benchmarks and the Identification of Skill in Active Management

Number of pages: 48 Posted: 18 Feb 2016 Last Revised: 19 Aug 2016
University of Arizona - Department of Finance, University of Missouri at Columbia - Department of Finance, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 0 (160,507)

Abstract:

Mutual funds, performance evaluation, conditional performance evaluation

21.

Stock Return Momentum and Investor Fund Choices

Journal of Investment Management, Vol. 4, No. 3, Third Quarter 2006
Posted: 03 Oct 2006
Travis Sapp and Ashish Tiwari
Iowa State University - Department of Finance and University of Iowa

Abstract:

Mutual fund selection, stock return momentum, investor behavior

Other Papers (2)

Total Downloads: 142    Citations: 1
1.

Modeling the Cross Section of Stock Returns: A Model Pooling Approach

Number of pages: 37 Posted: 15 Jan 2010 Last Revised: 08 Aug 2011
University of Missouri at Columbia - Department of Finance, University of Iowa - Henry B. Tippie College of Business - Department of Economics and University of Iowa
Downloads 0 (58,746)

Abstract:

Asset Pricing Models, Model Pooling, Log Predictive Score, Return Prediction

2.

Mutual Fund Flows, Performance Persistence, and Board Quality

Number of pages: 40 Posted: 22 Mar 2009
Sandy Lai, Ashish Tiwari and Zhe Zhang
University of Hong Kong, University of Iowa and Singapore Management University
Downloads 0 (129,522)
Citation 1

Abstract:

mutual fund flows, performance persistence, fund board quality