I am a financial economist with research interest in:
Empirical asset pricing (determinants of price fluctuations and risk premia; using novel data and approaches to measure risk factors; time-series predictability and cross-sectional anomalies)
International finance (international equity, bond, real estate, and FX markets)
Financial institutions (the role and investment behaviour of central banks in financial markets; asset allocation of pension funds; ETFs and investment funds)
I am currently Professor of Finance and Head of the Institute of Finance at the FHNW School of Business in Basel. One of my professional goals is to bridge the gap between academic theory and practical investment strategy. While working at Remaco Asset Management, I develop an evidence-based approach to portfolio management, empowering investors to overcome cognitive biases and build efficient portfolios. I also serve on the Academic Advisory Council at Vontobel Bank in Zurich, and am co-editor of Financial Markets and Portfolio Management, the journal of the Swiss Society for Financial Market Research.
During my academic and professional career, I have held positions as a full professor at the University of Neuchâtel and as an assistant professor at the University of Basel. I have also worked at the Centre for European Economic Research in Mannheim and at Skandinaviska Enskilda Banken. I hold a PhD in Finance from the University of Mannheim and a diploma in economics from the University of Freiburg.
My teaching experience covers a broad range of finance, including principles of finance, asset pricing, portfolio management, quantitative methods, and hands-on courses in the computer lab.
Investing is simple in theory, yet difficult in practice. Investors give up returns and often unknowingly increase risk by falling for one or more of the investment myths. This open access book explores why countless investors keep falling into the same traps, warns against the alluring though deceptive voices of the investment world, and unravels ten specific myths that often lead investors astray.