Posted: Friday Mar 2, 2012
March 2, 2012
“Electing the Market We Want: How Voting and Market Behavior Do and Don’t Reinforce Each Other,” will be the topic of Dr. Brett Hammond of TIAA-CREF, in the first presentation in the fourth annual Personal Financial Planning Lecture Series presented by the Alex G. McKenna School of Business, Economics, and Government, at 7:30 p.m. Thursday, March 15 in the Fred M. Rogers Center on the campus of Saint Vincent College.
Moderator will be Mark Abramovic, instructor of finance and executive director of the Series.
Dr. Hammond is a managing director and chief Investment strategist for TIAA-CREF, with more than $470 billion under management. In his 18 years at the company, he has worked on the creation of and studies of inflation-linked bonds, target-date asset allocation products, individual financial advice, an international nonprofit pension investment consortium, models of market behavior, and Social Security reform. He also serves as TIAA-CREF’s ambassador on issues relating to the macro economy, financial markets and long-term investing, working to advise TIAA-CREF’s institutional and individual clients across the country.
Prior to joining TIAA-CREF, Dr. Hammond spent nearly 10 years in Washington, D.C., principally at The National Academies (The National Research Council), where he was a member of the senior management team, with specific responsibility for behavioral and social sciences studies, including policy-related books and reports on population, education, human factors in design, national statistics, employment, and a major study of Black Americans. He also worked at the National Academy of Public Administration and oversaw completion of studies on congressional organization and emissions trading.
Before his time in Washington, Mr. Hammond was a member of the faculty of the University of California (Berkeley and Los Angeles) from 1979 to 1984.
Mr. Hammond received bachelor of arts degrees in economics and political science from the University of California at Santa Cruz and a Ph.D. from the Massachusetts Institute of Technology.
He has published more than 30 articles and books in the areas of finance, higher education and public policy. In finance, his work has covered inflation-linked bonds, savings and investment adequacy, individual and institutional asset allocation, pension design, and Social Security trust fund investment. His work in higher education focuses on faculty retirement policy. His public policy writings include environmental health risk, Medicaid, science and technology, and energy.
Dr. Hammond is an adjunct professor at The Wharton School of the University of Pennsylvania and executive chair of the Research Council on Global Investment, an organization of senior leaders in pension and investment management. He is also program chair and member of the board of the Institute for Research in Quantitative Finance (Q Group) and a member of the advisory board of the Wharton School’s Pension Research Council. He is past president of the Society of Quantitative Analysts.
The series is a special public education series on current personal financial issues and concerns sponsored by the Saint Vincent College Finance Club, a student organization dedicated to matters relating to personal financial planning, investment planning, investment theory and careers in finance.
Member of the board of advisors for the series include Cathy Baumann of Dollar Bank, Richard Cassidy of Kattan Ferretti Insurance, Ryan Naugle of TIAA-CREF, Robert Perretti, Dr. Nicholas Racculia of the McKenna School, David Riehl of Hefron-Tillotson and Dennis Terzich of BNY Mellon Wealth Management.
Admission is free but pre-registration is requested by calling Saint Vincent Event and Conference Services at 724 805-2177.
Photo: Dr. Brett Hammond