Sunil Wahal

Dr. Sunil Wahal is the Jack D. Furst Professor of Finance and Director of the Center for Responsible Investing at the W.P. Carey School of Business, Arizona State University. He joined ASU in 2005 after faculty positions at Emory University (1997-2005) and Purdue University (1995-1997).

• Ph.D., University of North Carolina-Chapel Hill
• M.B.A., Wake Forest University
• B.A. Economics, Shri Ram College of Commerce, University of Delhi

Dr. Wahal's research focuses on quantitative investment strategies, institutional investor behavior, and market microstructure. He examines topics including momentum trading, profitability premiums, high-frequency trading efficiency, and delegated portfolio management for large institutional investors. His work spans public equities, fixed income, and private equity.

His publications reveal expertise in investment management (e.g., manager selection, pension fund activism), trading systems (alternative trading systems, soft dollars), and institutional dynamics (fund competition, forbearance in underperformance). The Spängler IQAM Prize (2014) recognized his influential work in investments.

• Consultant to Avantis Investors (2019-present)
• Former consultant to Dimensional Fund Advisors (2005-2019), AJO Partners, Mercer Investment Advisors, and Aronson+Johnson+Ortiz
• Associate Editor: Journal of Financial and Quantitative Analysis, Journal of Banking and Finance

He supervises ASU's Student Investment Management (SIM) Funds, training students in systematic investing through his Portfolio Engineering course. The program produces graduates sought by major asset managers, hedge funds, and investment boutiques.