[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-227889-en":3,"doc-seo-227889-105":30,"detail-sidebar-cat-0-en-105":89},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},227889,1374404737137,"Adam","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Cristian Ioan Tiu - CV","Academic CV for Cristian Ioan Tiu, outlining recent and prior academic appointments across the University at Buffalo School of Management, including roles in the Department of Finance and related visiting positions. Education details include Ph.D. degrees in Finance and Mathematics from the University of Texas at Austin, with thesis titles focused on systematic risk, hedge funds, and incomplete markets. The document lists peer-reviewed publications, conference presentations, media mentions, and working papers on topics such as endowments, risk management, socially responsible investing, asset pricing, and portfolio decisions.","Cristian Ioan Tiu  \nJune 2025  \nUniversity at Bufalo  \nSchool of Management  \n238 Jacobs Hall  \nBufalo, NY 14260  \nTel: 1-716-645-3299; Email: [ctiu@bufalo.edu](ctiu@bufalo.edu)  \nORCID ID: 0000-0002-5527-2869  \n[mgt.buffalo.edu/tiu](mgt.buffalo.edu/tiu) ; [management.buffalo.edu/jqi](management.buffalo.edu/jqi)  \n[https://papers.ssrn.com/author=250536](https://papers.ssrn.com/author=250536)  \n [https://www.linkedin.com/in/tiu](https://www.linkedin.com/in/tiu)   \nAcademic Appointments  \nChair, Department of Finance, University at Bufalo School of Management, The State University of New York  \nAssociate Professor, Department of Finance, University at Bufalo School of Management, The State University of New York  \nVisiting Associate Professor, Department of Finance, University of Hong Kong  \nAssociate Professor, Department of Finance and Managerial Economics, University at Bufalo School of Management, The State University of New York  \nAssistant Professor, Department of Finance and Managerial Economics, University at Bufalo School of Management, The State University of New York  \n2016−2025  \n2015–  \nSummer 2015, 2016 2013−2015  \n2006−2013  \nEducation  \nPh.D. in Finance, University of Texas at Austin.  \nThesis title: “Systematic Risk in Hedge Funds.” Advisor: Sheridan Titman.  \nPh.D. , Mathematics, University of Texas at Austin.  \nThesis title: “On the Merton Problem in Incomplete Markets.” Advisor: Thaleia Zariphopoulou.  \nB.S. Mathematics, University of Bucharest, Bucharest, Romania.  \nPublications  \n15. Brown, K. C. , C. I. Tiu and U. Yoeli, 2020,“The Decision to Concentrate: Active Management, Manager Skill and Portfolio Size,” Journal of Portfolio Management, 46(5), pp. 41-62  \n• Presented at the World Investment Forum, Sea Island, Georgia, May 2016  \n14. Aragon, G. O. , Y. Jiang, J. Joenv¨a¨ar¨a and C. I. Tiu, 2020, “Socially responsible investments: Costs and benefts for university endowment funds,” TIAA Institute Research Dialogue 165, May 2020  \n13. Tiu, C. I. , 2020, “Organic Benchmarks for University Endowments,” TIAA Institute Trendsand Issues, April 2020  \n12. Joenv¨a¨ar¨a, J. and C. I. Tiu, 2017,“Hedge Funds: What’s in a Name?,” Canadian Investment Review, August 28, 2017  \n11. Tiu, C. I. , 2017,“Organic Benchmarks for University Endowments,” TIAA Institute Research Dialogue 130, March 2017  \n• Recipient of a TIAA Institute Research Grant.  \n• Media mentions:  \n– Bloomberg: “Size Isn’t Everything for Comparing Endowment Gains, Study Shows,”by Kate Smith, March 9, 2017  \n– Institutional Investor: “Peer Comparison: Why Endowments Are Doing It Wrong,”March 10, 2017  \n10. Tiu, C. I. and K. C. Brown, 2015, “The Interaction of Spending Policies, Asset Allocation Strategies and Investment Performance at University Endowment Funds,” in the NBER volume“How the Financial Crisis and Great Recession Afected Higher Education,” Editors: Jefrey Brown and Caroline Hoxby  \n• Presented at the 2012 NBER Conference on University Endowments, September 2012, Boston, MA.  \n9. Fisher, G. , T. Nguyen and C. I. Tiu, 2014,“Risk Budgeting,”(Chapter 18 in “Investment Risk Management”), Oxford University Press, Editors: Kent Baker and Greg Filbeck  \n8. Tiu, C. I. and U. Yoeli, 2013,“Asset Pricing with Endogenous Disasters ,” Review of Financial Studies 26(11), pp. 2916-2960  \n• Presented at the American Mathematical Society Meetings in Rochester, NY, September 2012.  \n• Presented at the 2009 American Finance Association Meetings, San Francisco.  \n7. Cao, Y. , J. P. Ogden and C. I. Tiu, 2012,“Who benefts from funds of hedge funds? A critique of alternative organizational structures in the hedge funds industry (II)”, Business Excellence and Management 2(1), pp. 5-20  \n6. Titman, S. and C. I. Tiu, 2011, “Do the Best Hedge Funds Hedge?”, Review of Financial Studies 24(1), pp. 123-168  \n• Among the most downloaded published papers from the Review of Financial Studies in 2011  \n• Presented at the 2009 American Finance Association Meetings, San Francis","cbCaibTUfDAywcpz","https://ap.wps.com/l/cbCaibTUfDAywcpz","pdf",460648,1,15,"English","en",105,"# Academic Appointments\n# Education\n# Publications\n## Under Review/Working Papers","[{\"question\":\"What research topics appear across the publications and working papers?\",\"answer\":\"The CV highlights research on university endowment investment decisions, portfolio construction, asset pricing, risk budgeting, downside risk management, hedge fund structures, and socially responsible investing and its costs.\"}]","Cristian Ioan Tiu - CV | PDF",1789016649,38,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":84,"head_meta":86,"extra_data":88,"updated_unix":28},"cristian-ioan-tiu-cv","",{"@graph":36,"@context":83},[37,54,74],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":53},"https://docshare.wps.com/document/cristian-ioan-tiu-cv/227889/",4,{"url":52,"name":13,"@type":55,"image":56,"author":61,"headline":13,"publisher":63,"fileFormat":66,"inLanguage":23,"description":14,"dateModified":67,"datePublished":68,"encodingFormat":66,"isAccessibleForFree":69,"interactionStatistic":70},"DigitalDocument",{"url":57,"@type":58,"width":59,"height":60},"https://docshare.wps.com/thumbnails/cristian-ioan-tiu-cv/227889.png","ImageObject",300,407,{"name":9,"@type":62},"Person",{"url":41,"name":64,"@type":65},"DocShare","Organization","application/pdf","2026-09-11","2026-09-10",true,{"@type":71,"interactionType":72,"userInteractionCount":20},"InteractionCounter",{"@type":73},"ViewAction",{"@type":75,"mainEntity":76},"FAQPage",[77],{"name":78,"@type":79,"acceptedAnswer":80},"What research topics appear across the publications and working papers?","Question",{"text":81,"@type":82},"The CV highlights research on university endowment investment decisions, portfolio construction, asset pricing, risk budgeting, downside risk management, hedge fund structures, and socially responsible investing and its costs.","Answer","https://schema.org",{"og:url":52,"og:type":85,"og:title":13,"og:site_name":64,"og:description":14},"article",{"robots":87,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":90},[91,95,99,103,108,113,118,121,126,129,133],{"id":20,"doc_module":4,"doc_module_name":46,"category_name":92,"show_sort_weight":93,"slug":94},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":96,"show_sort_weight":97,"slug":98},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":46,"category_name":100,"show_sort_weight":101,"slug":102},"Exam",70,"exam",{"id":104,"doc_module":4,"doc_module_name":46,"category_name":105,"show_sort_weight":106,"slug":107},5,"Comic",60,"comic",{"id":109,"doc_module":4,"doc_module_name":46,"category_name":110,"show_sort_weight":111,"slug":112},6,"Technology",50,"technology",{"id":114,"doc_module":4,"doc_module_name":46,"category_name":115,"show_sort_weight":116,"slug":117},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":119,"slug":120},30,"research-report",{"id":122,"doc_module":4,"doc_module_name":46,"category_name":123,"show_sort_weight":124,"slug":125},9,"Religion & Spirituality",20,"religion-spirituality",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":127,"show_sort_weight":124,"slug":128},"World Cup","world-cup",{"id":130,"doc_module":4,"doc_module_name":46,"category_name":131,"show_sort_weight":130,"slug":132},10,"Lifestyle","lifestyle",{"id":134,"doc_module":4,"doc_module_name":46,"category_name":135,"show_sort_weight":104,"slug":136},19,"General","general"]