Sanford J. Grossman

AAA

DEFINITION of 'Sanford J. Grossman'

An American economist and CEO of the hedge fund Quantitative Financial Strategies (QFS), which he founded in 1988. Sanford Jay Grossman was born in 1953 in New York City and holds a Ph.D. in economics from the University of Chicago. He has held academic appointments at Princeton, been an economics professor at the University of Chicago and held the position of Steinberg Trustee Professor of Finance at the Wharton School at the University of Pennsylvania.

INVESTOPEDIA EXPLAINS 'Sanford J. Grossman'

Dr. Grossman's areas of expertise include corporate structure, risk management, securities markets and property rights. He won the John Bates Clark Medal in 1987. QFS hedge fund implements a variety of investment strategies through its currency program, macro program, fixed income program and portable alpha program.

RELATED TERMS
  1. Wassily Leontief

    A Nobel Prize-winning American economist and professor. Wassily ...
  2. Hedge Fund Manager

    The individual who oversees and makes decisions about the investments ...
  3. Economist

    An expert who studies the relationship between a society's resources ...
  4. Hedge

    Making an investment to reduce the risk of adverse price movements ...
  5. Hedge Fund

    An aggressively managed portfolio of investments that uses advanced ...
  6. Market Economy

    An economic system in which economic decisions and the pricing ...
Related Articles
  1. Quants: The Rocket Scientists Of Wall ...
    Professionals

    Quants: The Rocket Scientists Of Wall ...

  2. Taking A Look Behind Hedge Funds
    Mutual Funds & ETFs

    Taking A Look Behind Hedge Funds

  3. Massive Hedge Fund Failures
    Options & Futures

    Massive Hedge Fund Failures

  4. A Brief History Of The Hedge Fund
    Options & Futures

    A Brief History Of The Hedge Fund

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center