University College Dublin logo
Professor Andreas Hoepner

Professor

Andreas Hoepner

Full Professor
School of Business
University College Dublin, School of Business

BIO

"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 May 2019): 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, Andreas 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) and serves on the schools’ management team as Vice Principal for Equality, Diversity and Inclusion (EDI). Prof. Hoepner is also heading the ‘Practical Tools’ research group of the Mistra Financial Systems (MFS) research consortium (5 groups, total funding: SEK 58m ~ about US$ 7m), which supports asset owners with evidence-based tools for investment decision making. Since June 2018, Andreas is serving on the European Union’s Technical Expert Group on Sustainable Finance as one of three independent members (i.e. appointed in personal capacity instead of representing a legal entity), where his role specialises in developing low-carbon benchmarks. Before joining UCD in June 2017, Andreas was Associate Professor of Finance at the ICMA Centre of Henley Business School, where he remains a 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 currently serving on the Finance Green Ireland Committee (hosted by the Department of Finance of the Republic of Ireland) and 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 predominantly technical advisory boards for various organizations including Bank J. Safra Sarasin (with former PRI chair Engshuber), www.ClimateDisclosure100.info, the female-led fintech start-up Datamaran, the Deep Data Delivery Standards (www.DeepData.ai), the French Social Investment Forum (FIR), and the Future World Fund (with Lord Stern), Invesco (with emphasis on voting technology), Kempen (with emphasis on boutique SDG investing) and Proxy Insight. 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 Prof. Borth, Dr. Hees and Dr. Rezec as a spin-off from the German Research Centre for Artificial Intelligence [DFKI]), SVL 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 (PRI) and consulted for organisations such as CFA, IFC or 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 and the 2010 PRI Academic Research Award. 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; or Journal of Business Finance & Accounting and is co-editor of the Cambridge Handbook of Institutional Investment and Fiduciary Duty (foreword by Al Gore). He also co-organises knowledge transfer conferences such as Promoting Sustainable Finance at the European Commission or the EU Science Hub Summer School on Sustainable Finance and co-edits special issues in the European Journal of Finance on Econometrics & Financial Data Science. 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. and post-doc supervisor with more than ten students having successfully graduated into placements such as Fidelity, ICMA Centre, MSCI, Said Business School of the 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 Financial Times, The New York Times, BBC (World Business Report, Business Live, Radio 4 today programme, Radio 5 Live, South Live), The Irish Times, Guardian, CNN, WEF and Dutch, French, German & Swedish language media. He has also presented his research to dozens of asset managers including more than two thirds of the trillion US$ group (i.e. AGI, Amundi, AXA, BlackRock, BNP, Capital, Deutsche, Fidelity, JP Morgan, LGIM, NTAM, SSGA, UBS, Vanguard) and many other relevant organisations (e.g. AFA, Akuna, AP 1/3/4/7, AQR, Bloomberg [London, NYC, Tokyo & Zurich], BPP, BVK, CDC, Central Bank of Ireland, CSRC, Church of England, Deutsche Bundesstiftung Umwelt, Deep Learning Finance, DVFA FinTech Forum, Elo, European Commission, FCA, FTSE, Google, GPIF, IFC, IOSCO, Ireland Strategic Investment Fund, MAN AHL, MP, MSCI, NBIM, OTPP, PKA, Unisuper, or USS). Selected content of Prof. Hoepner has been translated into Chinese, Danish, Dutch, French, German, Japanese, Korean, Portuguese and Russian. An extensive record of Prof. Hoepner’s publications, presentations and outreach activities can be found on his CV, which also discloses the ISINs of his personal investments to practise full transparency around any potential conflicts of interest. When interpreting academic behaviour, Andreas follows the credo: evidence is discovered, theories are promoted.

UNIVERSITY COLLEGE DUBLIN APPOINTMENTS

  • Full Professor of Operational Risk, Banking & Finance
    University College Dublin, Smurfit Graduate Business School, Department of Banking & Finance,, Dublin, Ireland1 Jun 2017

ACADEMIC POSITIONS

  • Associate Professor of Finance (10/13 - 5/17)
    ICMA Centre, Henley Business School, Reading, England, UK1 Oct 2013 - 31 May 2017
  • Lecturer in Banking & Finance (2/09 - 9/13)
    ICMA Centre, Henley Business School, Reading, England, UK9 Feb 2009 - 30 Sep 2013

DEGREES

  • BA
    Open University
  • M Litt
    University of St Andrews
  • PhD
    University of St Andrews

LANGUAGES

  • English
    Can read, write, speak, understand and peer review
  • German
    Can read, write, speak, understand and peer review