CISDM (Center for International Securities and Derivatives Markets) is a non-profit research center that focuses on security and investment fund performance in both U.S. and international asset markets. The goals of CISDM are to facilitate research in both traditional and alternative investment markets, to promote interactions between the academic and business communities, and to make available CISDM educational material on international financial markets to financial and non-financial firms.

CISDM was established in 1994 through the generous support of Michael Philipp and Anshu Jain, both graduates of the University of Massachusetts. Since then other UMass graduates as well as various corporate and individual contributors have enabled CISDM to build on these contributions in providing opportunities for graduate and undergraduate students to involve themselves directly into the growing areas of international security and derivatives markets. Other donors are presently in the process of establishing Ph.D. and MBA fellowships and providing funding for essential material resources necessary for education and research purposes.

To join CISDM as a member or to set up a fellowship, please contact Research Director Raj Gupta. All contributions to CISDM are used to provide support to MBA and PHD students. To view a list of current members please visit CISDM Members.

The CISDM Hedge Fund/ CTA Database currently provides information on more than 7000 active and dead hedge funds, fund of funds, commodity trading advisors and commodity pool operators.

Journal of Alternative Investments

The Journal of Alternative Investments, the official publication of the CAIA Association, was established in 1998 and is published by Institutional Investor. Thomas R. Schneeweis, director of CISDM, is the editor of JAI. CISDM currently performs all editorial functions.

To submit an article to the Journal for consideration for publication, please email JAI.