University of Richmond Installs Raymond Fishe to Distinguished Chair in Finance

March 19, 2004

The University of Richmond's Robins School of Business installed Raymond "Pat" Fishe, professor of finance, to The Distinguished Chair in Finance March 5.

An anonymous donor established the chair in 2002 as part of the university's "Transforming Bright Minds" campaign. It is to be used to attract an internationally prominent teacher-scholar who will add senior leadership in research and teaching to the school's finance department.

A graduate of the University of Florida with BSBA and Ph.D. degrees, Fishe was a senior academic fellow at the U.S. Securities and Exchange Commission from 1999-2000. He formerly taught at the University of Miami, where he was chair of the finance department.

His current research centers on allocation decisions in initial public offerings, the behavior of bid-ask spreads and volume in options markets, the impact of illegal insider trading in dealer and specialist markets and aftermarket liquidity from underwriter short covering activities. His articles have appeared in many leading professional journals. In addition to teaching undergraduate and graduate students, Fishe has taught executive MBAs and given seminars in finance around the country.