Markowitz vote
The Harry M. Markowitz Award (sponsored jointly by the Journal Of Investment Management & New Frontier Advisors, LLC) recognizes the seminal and transcendent impact of Dr. Markowitz’s work as a financial economist and mathematician on both theoretical finance and the practice of asset management. The award has been established to honor his legacy and to support future research and innovation in practical asset management. Candidates for the annual award are chosen from among papers published in JOIM in a calendar year.
Papers are judged by the JOIM’s Associate Editors, Editorial Advisors and Advisory Board.
An honorarium of $10,000 will be bestowed to the winning paper. Two additional finalist papers will receive a Special Distinction Award along with a $5,000 honorarium.
Guidelines:
Select the top three papers published in the JOIM for consideration of award nominees. Papers should be judged on three primary criteria’s: practical significance, technical excellence and theoretical quality. Authors may not vote for themselves.
Volume 23, No. 1, First Quarter 2025
Forecasting and Managing Volatility: An S&P 500 Case Study
Wei Dai, Xing Hong, Robert C. Merton and Mathieu Pellerin
Can Under-Diversification Explain the Size Effect?
Moshe Levy
The CAPM, APT, and PAPM
Thomas M. Idzorek, Paul D. Kaplan and Roger G. Ibbotson
Fixed Income Index Funds: Demystifying Portfolio Construction and Rebalancing
Stephen Laipply, Ananth Madhavan, James Mauro and Nogie Udevbulu
Volume 23, No. 2, Second Quarter 2025
Special Issue: Honoring Harry M. Markowitz
Spring JOIM Conference
March 24th – 26th, 2024 / Rady School of Management, UCSD
Remarks by Nobel Laureates: Robert Merton, William Sharpe; and Investment Management Practitioners
Robert Merton, William F. Sharpe, Vineer Bhansali, Kenneth Blay, and Mark Kritzman
Have Capital Markets Forgotten about Sustainability?
Robert Engle
Markowitz Wealth Management to Pension Plans: Augmenting the Funded Ratio with New Metrics
Sanjiv Das
The Unreasonable Effectiveness of Portfolio Theory in Theory and Practice
Andrew W. Lo
Collaborating with Harry Markowitz: A Remembrance
Bruce Jacobs
Why Fusion and Why Now?
Dennis Whyte
Why Genetic Medicines and Why Now?
Neil Kumar
Volume 23, No. 3, Third Quarter 2025
A Transparent Alternative to Neural Networks with an Application to Predicting Volatility
Megan Czasonis, Mark Kritzman and David Turkington
Building Net Zero Portfolios of Sovereign Bonds
Gong Cheng, Eric Jondeau and Benoît Mojon
Optimizing Large Language Models for Sustainable Investors
Andrew Chin, Che Guan, Promod Rajaguru, Qifeng Sun and Yuning Wu
Volatility Managed Multi-Factor Portfolios
Christoph Reschenhofer and Josef Zechner
Volume 23, No. 4, Third Quarter 2025
Insights- A Survey of Managed Fund Ratings and their Predictive Content
Russ Wermers
Insights – The Risk Matters Hypothesis
Victor Haghani, James White, Elm Wealth and Vlad Ragulin
Yield Curve Forecasting using Machine Learning and Econometrics: A Comparative Analysis
Aman Singh, Tokunbo Ogunfunmi and Sanjiv Das
Why Traditional Risk Models Overstate Factor Risk
Jose Menchero, Marty O’Brien and Anthony Lazanas