Robert R. Johnson, PhD, CFA
Robert R. Johnson, PhD, CFA

Robert R. Johnson, PhD, CFA

Professor
Heider College of Business

Expertise/Specializations

  • Federal Reserve Monetary Policy
  • Investments
  • Portfolio Management
  • Financial Planning

Academic Appointments

Department

  • Economics and Finance

Position

  • Professor

Biography

Robert R. Johnson, PhD, CFA, CAIA, is a Professor of Finance at Creighton University's Heider College of Business.  He is also Principal in Economic Index Associates.  Until April 2018, he was President and CEO at The American College of Financial Services in Bryn Mawr, PA.  He was formerly Senior Managing Director at CFA Institute in Charlottesville, VA and was responsible for all aspects of the CFA Program for the majority of his 15-year tenure.  In 2013, he received the Alfred C. "Pete" Morley Distinguished Service Award from CFA Institute in appreciation of his leadership, stewardship and outstanding service.

Prior to joining CFA Institute, Bob was a Professor of Finance at Creighton University from 1984 through 1996.  Bob won several teaching awards and in 1994 received the university-wide Robert F. Kennedy Award for Teaching Excellence.  He has over 80 refereed articles in leading finance and investment journals.  His publications have appeared in the Journal of Finance, Journal of Financial Economics, Journal of Portfolio Management, and the Financial Analyst Journal, among others.  He has been quoted in The Wall Street Journal, Financial Times, Barron's, Forbes, Globe and Mail, and The South China Post, among others.  He has appeared numerous times on ABC World News, Bloomberg TV (Europe and US), CNN, and China Business News, among others.  He is a regular contributor on El Mercurio (Chile) and The Hill.  Bob has served on the board of RS Investments, a San Francisco-based investment management firm and on the board of The Virginia Institute of Autism.

Publications and Presentations

Books

  • Invest With The Fed, McGraw-Hill, 2015
  • Strategic Value Investing, McGraw-Hill, 2014
  • Investment Banking for Dummies, John Wiley & Sons, Inc, 2014
  • The Tools and Techniques of Investment Planning, National Underwriter Company, 2014

Articles

  • Insights from the AAII Asset Allocation Survey, Journal of Financial Service Professionals, Vol. 72, No. 5, 67-74, 2018
  • Grasshoppers and Ants in Retirement, AAII Journal, Vol. XL, No. 6, 2018
  • All That's Gold Does Not Glitter, Financial Analysts Journal, Vol. 74, No. 1, 59-76, 2018
  • Deep Value Investing Has Not Gone Out of Style, AAII Journal, XXXIX, No. 1, 19-21, 2017
  • Santa Claus Rally and Firm Size, Managerial Finance, Vol. 42, No. 8, 817-829, 2016
  • The Association Between Fed Policy and Sector Returns, Journal of Financial Service Professionals, Vol. 70, No. 3, 83-88, 2016
  • The Weighting is the Hardest Part, Journal of Portfolio Management, Vol. 42, No. 1, 53-62, 2015
  • What to Expect When You're Electing, Managerial Finance, Vol. 41, No. 10, 1032-1045, 2015
  • When It's Time to Transfer Decision-Making, AAII Journal, Vol. XXXVI, No. 9, 31-34, 2015
  • Yes, Virginia, There is a Global Santa Claus Rally: Statistical Evidence Supports Higher Returns Globally, Journal of Financial Planning, Vol. 28, No. 3, 58-63, 2015
  • Emerging Markets: Is the Trend Still Your Friend?, Global Finance Journal, Vol. 26, No. 1, 2015
  • The Influence of a Family Business on Portfolio Management" An Asset-Liability Management Approach, Journal of Wealth Management, Vol. 17, No. 1, 14-30, 2014
  • How Large are the Benefits of Emerging Market Equities?, Quarterly Journal of Finance and Accounting, Vol. 50, No. 3&4, 88-133, 2014
  • Strategic Value Investing: Screening for Cash Flow and Value, AAII Journal, Vol. XXXVI, No. 5, 21-26, 2014
  • Selecting a Valuation Method to Determine a Stock's Worth, AAII Journal, Vol. XXXVI, No.4, 17-22, 2014
  • Human Capital and Behavioral Biases: Why Investors Don't Diversify Enough, Journal of Wealth Management, Vol. 16, No. 1, 9-21, 2013
  • The Taxation Paradox: It's Global not Local, Journal of Wealth Management, Vol. 15, No. 4, 29-40, 2013
  • The Effectiveness of Asset Classes in Managing Risk, Journal of Portfolio Management, Vol. 38, No. 3, Vol. 38, No. 3, 2012
  • Risk Shifting Around Calls of Convertible Debt, Financial Review, Vol. 45, No. 3, 541-556, 2010
  • Can Precious Metals Make Your Portfolio Shine?, Journal of Investing, Vol. 39, No. 3, 75-86, 2009
  • The Presidential Term; Is the Third Year the Charm?, Journal of Portfolio Management, Vol. 34, No. 2, 135-142, 2008
  • After-Tax Performance Measurement, Journal of Wealth Management, Vol. 11, No. 1, 69-83, 2008
  • Sector Rotation and Monetary Conditions, Journal of Investing, Vol. 17, No. 1, 34-46, 2008
  • Time-varying risk and return characteristics of US and European bond markets: Implications for efficient portfolio allocations, Journal of Asset Management, Vol. 8, No. 5, 337-350, 2007
  • An Analysis of the Interest Rate Sensitivity of Common Stocks Using Empirical Duration, Journal of Portfolio Management, Vol. 33, No. 3, 85-107, 2007
  • Gridlock's Gone Now What?, Financial Analysts Journal, Vol. 62, No. 5, 21-28, 2006
  • Is Fed Policy Still Relevant for Investors?, Financial Analysts Journal, Vol. 61, No. 1, 70-79, 2005
  • Don't Worry About the Election -- Just Watch the Fed, Journal of Portfolio Management, Vol. 30, No. 4, 101-109., 2004
  • Bond Market Volatility vs. Stock Market Volatility: The Swiss Experience, Financial Markets and Portfolio Management, Vol.18, No. 1, 8-23, 2004
  • Using Learning Outcome Statements to Guide Learning and Testing: The CFA Program, Advances in Financial Education, Fall , 14-28, 2003
  • Bond Market Volatility Compared to Stock Market Volatility: Evidence from the UK, Journal of Asset Management, Vol. 3, No. 2, 101-111, 2002
  • The Diversification Benefits of Commodities and Real Estate in Alternative Monetary Conditions, Journal of Alternative Investments, Vol. 3, No. 4, 53-61, 2001
  • Monetary Policy and Real Estate Returns, Journal of Economics and Finance, Vol. 24, No. 3, 289-293, 2000
  • Efficient Use of Commodity Futures in Diversified Portfolios, Journal of Futures Markets, Vol. 20, No. 5, 489-506, 2000
  • Equity Style Returns and Federal Reserve Policy, Journal of Private Portfolio Management, Vol. 2, No. 4, 33-40, 2000

General

  • The Increasing Volatility of the Stock Market?, Journal of Wealth Management, Vol. 19, No. 1, 71-82, 2016
  • Follow the Fed, But Be Smart About It, AAII Journal, Vol. XXXVI, No. 4, 2015
  • An Intuitive Examination of Downside Risk, Journal of Financial Planning, Vol. 26, No. 6, 2013
  • Is Now the Time to Add Commodities to Your Portfolio?, Journal of Investing, Vol. 19, No. 3, 10-19, 2010
  • Time Variation in the Benefits of Managed Futures, Journal of Alternative Investments, Vol. 5, No. 4, 41-50, 2003
  • Monetary Policy and Fixed Income Returns, Quarterly Review of Economics and Finance, Vol. 43, No. 1, 133-146, 2003
  • Tactical Asset Allocation and Commodity Futures, Journal of Portfolio Management, Vol. 28, No. 2, 100-111., 2002
  • Emerging Markets: When Are They Worth It?, Financial Analysts Journal, Vol. 58, No. 2, 86-95, 2002
  • The Real Estate Asset Allocation Decision: Monetary Policy Implications, Journal of Real Estate Portfolio Management, Vol. 7, No. 3, 215-223, 2001
  • Mutual Fund Asset Allocation and Federal Reserve Monetary Policy, Journal of Investing, Vol. 10, No. 2, 103-111, 2001
  • Estimating the Interest Rate Sensitivity of Mixed Asset Portfolios, Journal of Wealth Management, Vol. 3, No. 4, 54-60, 2001
  • Equity Returns and Monetary Policy, Journal of Wealth Management, Vol. 3, No. 4, 61-68, 2001
  • The Inconsistency of Return-Based Style Analysis and Its Implications, Journal of Portfolio Management, Vol. 26, No. 3, 61-77, 2000

Presentations

  • Economic Outlook, LaSalle University's 17th Annual Economic Outlook, Union League Club of Philadelphia, 2018

Awards and Honors

  • Alfred C. "Pete" Morley Distinguished Service Award, CFA Institute, 2013
  • Robert F. Kennedy Memorial Student Award for Teaching Excellence, Creighton University, 1994