Ananth Madhavan

Education

Ph.D., Cornell University

Summary of Experience

Professor Madhavan specializes in market microstructure, trading, asset management, and exchange-traded funds (ETFs), with more than 30 years of experience in both practical and academic settings. He has held several senior positions at BlackRock, including leading the firm’s engagement strategy with academics and regulators and conducting economic analysis to support BlackRock’s public policy responses. Professor Madhavan was also the firm’s global head of research for ETFs and index investing, and global head of transition management. Prior to joining BlackRock, he was managing director and global head of trading research at Barclays Global Investors. Widely published, Professor Madhavan is the author of the book Exchange-Traded Funds and the New Dynamics of Investing. He has published more than 60 articles in academic journals and practitioner publications, including the Journal of Financial Economics, The Journal of Finance, The Review of Financial Studies, and The Journal of Portfolio Management. Professor Madhavan is the co-inventor on 16 US and international patents in financial engineering, transaction cost analysis, portfolio optimization, ETF basket creation, and risk modeling. He currently serves on advisory councils for the Financial Management Association and the Financial Analysts Journal, and previously served on the US Securities and Exchange Commission’s (SEC’s) Fixed Income Market Structure Advisory Board. Earlier in his career, he was the Charles B. Thornton Professor of Finance at the USC Marshall School of Business, and the W.P. Carey Term Assistant Professor of Finance at The Wharton School of the University of Pennsylvania.