The Association for Investment Management and Research has honored eight investment professionals for their outstanding contributions to the financial services industry. Thomas Bowman, AIMR’s CEO and president, presented this year’s awards at the AIMR annual conference in Toronto.

Paul Fahey, CFA, earned the 2002 Society Leader Award for his outstanding leadership within and on behalf of the Toronto Society of Financial Analysts. Since 1993, Fahey has served the TSFA as advocacy chair, secretary/ treasurer, and as a member of the society’s board of directors. Following his term on the TSFA Board of Directors, he assisted in the creation of the Canadian Advocacy Council and eventually chaired that council as well. Fahey became the first Canadian representative to AIMR’s President’s Council, and helped to serve as a liaison between AIMR management and the Canadian societies during a hectic period of restructuring and bylaw revision.

Peter Mackey, CFA, was the recipient of this year’s C. Stewart Sheppard Award for excellence in educating professional investors. Mr. Mackey has over 25 years of experience in federal finance, investment, and benefit programs. He currently serves as deputy director of the Office of D.C. Pensions.

Samuel B. Jones, CFA, was awarded the Daniel J. Forrestal III Leadership Award for excellence in leadership, professional standards, and ethics. As a former president of the Security Analysts of San Francisco and a member of the Boston Society of Financial Analysts. Jones has been an integral part of AIMR and its predecessor organization, the Institute of Chartered Financial Analysts.

Abby Joseph Cohen, CFA, was honored with the Distinguished Service Award. As a managing director with Goldman Sachs in New York, Cohen has earned widespread media recognition for both herself and for the CFA designation. She was inducted into the Wall Street Week Hall of Fame in 1997 and Institutional Investor Magazine and
Greenwich Associates have prominently featured her portfolio strategy. Cohen served as an economist with the Federal Reserve Board and as a quantitative analyst and portfolio manager with T. Rowe Price before joining Goldman Sachs in 1990.

Mark Rubenstein was awarded the 2002 Graham and Dodd Award for excellence in financial writing for his article in the May/June 2001 issue of the Financial Analysts Journal entitled, “Rational Markets: Yes or No? The Affirmative Case.” Rubenstein is the Paul Stephens Professor of Applied Investment Analysis at the Haas School of Business at the University of California at Berkeley, and he is renowned for his work on the binomial options pricing model as well as his early work on asset pricing in the 1970s.

William L. Fouse, CFA, now of San Rafael, California, earned the James R. Vertin Award for outstanding and relevant research for his conception and development of the equity index fund. Pensions & Investments Magazine named Fouse as one of its “Men of the Century” in its December 1999 issue. He created the first-ever index fund with Wells Fargo in 1973, co-founded Mellon Capital Management Company in 1983, and has co-managed the Vanguard Asset Allocation Fund since its inception in 1988.

Richard Roll earned the Nicholas Modolovsky Award for raising the standards of the profession. As a professor of finance in the Anderson Graduate School of Management at the University of California-Los Angeles, Roll has published three books and more than eighty articles in peer-reviewed journals on a variety of financial topics. His 1968 doctoral thesis won the Irving Fisher Prize as the best American dissertation in economics.

Dugald Eadie, CFA, of Scotland, was presented with the 2002 Thomas L. Hansberger Leadership in Global Investing Award for his contributions to the global investment profession. Eadie was the first non-American member of the Institute of Quantitative Research in Finance and helped to create and establish Global Investment Performance Standards (GIPS).