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Professor in the Practice of Finance

Roger G. Ibbotson is chairman and CIO of Zebra Capital Management, LLC, an equity investment and hedge fund manager. He is founder, advisor and former chairman of Ibbotson Associates, now a Morningstar Company. He has written numerous books and articles including Stocks Bonds Bills and Inflation with Rex Sinquefield (updated annually) which serves as a standard reference for information and capital market returns.

Professor Ibbotson conducts research on a broad range of financial topics, including liquidity, investment returns, mutual funds, international markets, portfolio management, and valuation. He has recently published The Equity Risk Premium and Lifetime Financial Advice. He has also co-authored two books with Gary Brinson, Global Investing and Investment Markets. He is a regular contributor and editorial board member to both trade and academic journals.

Professor Ibbotson serves on numerous boards including Dimensional Fund Advisors’ funds. He frequently speaks at universities, conferences, and other forums. He received his bachelor’s degree in mathematics from Purdue University, his MBA from Indiana University, and his PhD from the University of Chicago where he taught for more than ten years and served as executive director of the Center for Research in Security Prices.

Achievements and Awards
Financial Analysts Journal "Best Perspectives Article," 2011
Graham and Dodd Scroll Award, 1979, 1982, 1984, 2001, 2004, 2007, 2012
SSRN Top 100 Downloaded Authors All Time Overall category

Boards
Chairman & CIO, Zebra Capital Management, LLC
Former Chairman, Ibbotson Associates, Inc., Chicago
Dimensional Fund Advisors, Inc., Fund Family

Editorships
Advisory Board: Financial Analysts Journal

Selected Books
Lifetime Financial Advice (with Chen, Milevsky, Zhu), Chartered Financial Analyst Institute, 2007

The Equity Risk Premium (with W. Goetzmann), Oxford Press, 2006

Stocks, Bonds, Bills and Inflation Yearbook, Morningstar, Inc. & Ibbotson Associates, Annual, 1983 to present

Selected Articles
"The Liquidity Style of Mutual Funds" (with T. Idzorek and J. Xiong), Financial Analysts Journal, November/December, 2012

"Liquidity as an Investment Style" (with Z. Chen, D. Kim and W. Hu), August, 2012

"The ABCs of Hedge Funds: Alphas, Betas, and Costs" (with P. Chen and K. Zhu), Financial Analysts Journal, January/February, 2011, winner of Graham and Dodd Scroll Award

"The Importance of Asset Allocation," Financial Analysts Journal, March/April 2010, winner of Best Perspectives Article for FAJ, 2010 

Education
PhD University of Chicago, 1974
MBA Indiana University, 1967
BS Purdue University, 1965