"Economists should study financial markets as they actually operate, not as they assume them to operate - observing the way in which information is actually processed, observing the serial correlations, bonanzas, and sudden stops, not assuming these
away as noise around the edges of efficient and rational markets
Lord Adair Turner (2012: p64) 'Economics after The Crisis: objectives and means' MIT Press: Cambridge.
Biography (as of February 2018):
Professor Andreas G. F. Hoepner, Ph.D., is a Financial Data Scientist working towards the vision of a conflict-free capitalism. While the vision is unlikely fully achievable, Andreas' view is that anyone can strive to make a regular contribution to reducing abusive conflicts of interests and thereby enhancing the fairness of our society and its financial system. Formally, Dr. Hoepner is Full Professor of Operational Risk, Banking & Finance at the Michael Smurfit Graduate Business School and the Lochlann Quinn School of Business of University College Dublin (UCD). Andreas is also heading the 'Practical Tools' research group of the Mistra Financial Systems (MFS) research consortium (5 groups, total funding: SEK 58 million ~ about US$ 7 million), which aims to support Scandinavian and global asset owners with evidence-based tools for investment decision making. Before joining UCD in June 2017, Andreas was Associate Professor of Finance at the ICMA Centre of Henley Business School, where he remained subsequently as Visiting Professor of Finance teaching FCA staff on Ethics, Governance & Accountability. He is also Visiting Professor in Financial Data Science at the University of Hamburg, serves as a board member of the Financial Data Science Association (having been its inaugural chair in 2015-16) and educates investment professional in financial data science as Scientific Co-Director of the Certificate in Financial Data Science of the German Investment Association (DVFA). He is serving on independent assessment committees for the Investment & Pensions Europe (IPE) Awards (Categories: Climate Change Risk, ESG, Smart Beta), the Investment Innovation Benchmark (www.iib.io), and the RI Awards. He sits on advisory boards for various organizations including Bank J. Safra Sarasin (with former PRI chair Engshuber), the Deep Data Delivery Standards (www.DeepData.ai), the French Social Investment Forum (FIR), the Future World Fund (with Lord Stern), Kempen (with emphasis on boutique SDG investing), Invesco (with emphasis on voting technology) and Sustainable Nation Ireland (with emphasis on Green Economic Development).
Andreas received his PhD from St. Andrews in June 2010, where he was on faculty from 02/2009 to 09/2013. He is co-founder and chair of two socially motivated enterprises: ReFine Research Project which gives social reporting awards to pension funds and Sociovestix Labs (SVL). Co-founded with Dr. Borth, Drs. Hees and Dr. Rezec, SVL is a spin-off from the German Research Centre for Artificial Intelligence [DFKI]) which is committed to fostering innovations in support of the Sustainable Development Principles while adhering to the Asilomar AI Principles and the ReFine Principles for Financial Data Science. Prior to taking up his MISTRA role in March 2016, Prof. Hoepner served over six years as lead academic advisor to the United Nations supported Principles for Responsible Investment and consulted for organisations including the European Commission, the International Finance Corporation (IFC), and the University of Cambridge¿s Institute for Sustainability Leadership (CISL).
Andreas is the sole inventor of a US patent titled 'Investment Performance Measurement' (No. US8751357 B1). He also won several awards including a 2015 PRI/Sycomore Best Quantitative Paper, a 2012 Academy of Management Best Paper Proceeding, a 2010 PRI Academic Research Award, and 2011 and 2012 PRI/FIR Research Grant Awards. He publishes interdisciplinary in journals such as Accounting, Auditing & Accountability; Brain & Behavior; Ecological Economics; Environment & Planning C; European Journal of Finance; Journal of Business Ethics; and Journal of Business Finance & Accounting. He is co-editor of the Cambridge Handbook of Institutional Investment and Fiduciary Duty (foreword by Al Gore) and the Routledge Handbook of Responsible Investment. More generally, Prof. Hoepner¿s research earned him, aged 33, an invitation to serve as a Fellow of the Royal Society of Arts in 2015 for "exceptional contributions to the study of finance, particularly ... responsible investment¿. Andreas is most proud, however, about his record as Ph.D. supervisor with eight students having successfully graduated into placements at MSCI, Said Business School, Smith School of Enterprise and the Environment (both University of Oxford) or University of Hamburg.
Besides these academic honours, Prof. Hoepner's research and views have been covered in mainstream international media (TV, Radio & Print) including BBC (World Business Report, Business Live, Radio 4 today programme, Radio 5 Live, South Live), Financial Times, The New York Times, CNN, Guardian, WEF, Deutsche Welle, Die Zeit, Sveriges Radio, Les Echos or Le Monde. He has also presented professionally relevant insights from his research to dozens of asset managers including three quarters of the trillion US$ group (i.e. AGI, Amundi, AXA, BlackRock, BNP Paribas, Capital Group, Deutsche, JP Morgan, LGIM, PIMCO, SSGA, UBS, Vanguard) and many other relevant organisations (e.g. AFA, AP1, AP3, AP4, AP7, BigDataFinance.eu, Bloomberg [London, NYC, Tokyo & Zurich], BVK, CDC, China Securities Regulatory Commission, Church of England, Deutsche Bundesstiftung Umwelt, DVFA FinTech Forum, Elo, Environmental Agency Pension Fund, European Commission, FCA, Freshfields, FTSE, IFC, IOSCO, Ireland Strategic Investment Fund, MAN AHL, MSCI, OTPP, Pantheon, PKA, Unipension, Unisuper, or USS). Selected presentations and interviews of Prof. Hoepner have been translated into Chinese, Danish, French, German, Japanese, Korean, Portuguese and Russian. An extensive record of Prof. Hoepner¿s publications, presentations and outreach activities can be found via his private website, which also discloses the ISINs of his personal investments to practise full transparency around any potential conflicts of interest.