• Asset Management, Asset Pricing
• International Finance

• University of Vaasa (Finland), Graduate School of Finance (Finland), PhD in Finance (Honors), 2013-16
• University of Vaasa, Finland,M.Sc. in Finance (Honors), 2011-13
• Saint-Petersburg University of Economics,Russia,M.A. in Banking Management (Honors), 2011-13

• 2015 Columbia Business School, NYC, USA
• 2008–2011  Citigroup, GCG Banking  

Position: Instructor  

Asset Management and Mutual Funds (MBF), 2018-, University of St.Gallen (HSG)

Regulation of Financial Systems (MBF), 2018-, University of St.Gallen (HSG)

International Finance (MBF), 2018-, University of St.Gallen (HSG). Joint with Dr. Rico von Wyss (Vontobel) 

MBF Research Seminar: Investments, 2019-, University of St.Gallen (HSG). Joint with Prof. Dr. Florian Weigert 

Position: Guest lecturer 

Advanced Topics in Finance: Asset Management and Hedge Funds, University of Vaasa, Finland.   

Selected Working Papers:

In Military We Trust: The Effect of Managers’ Military Background on Mutual Fund Flows, with A. Cochardt and S. Heller

Link to paper 

Main Conferences: NBER SI 2019 Asset Pricing, SFI 2019, Cologne Colloquium on Financial Markets 2019 

Media Coverage: citywireusa

In short: This paper shows that trust-building characteristics of fund managers affect purchase decisions of mutual fund investors. We exploit variation in fund managers' prior affiliations with the well trusted U.S. military institution and relate it to fund flows. Results show that funds with ex-military managers receive significantly higher flows and grow by 7.4% p.a. faster relative to other funds. 

Selected Published Papers:

Solvency Risk Premia and the Carry Trades (2019) The Journal of International Financial Markets, Institutions & Money, 60, 50-67. (single-authored)  

Currency momentum, carry trade and market illiquidity (2016) Journal of Banking and Finance, 7, 1-11.  (single-authored)

Other projects: Google Scholar 

2019 NBER SI 2019 Asset Pricing 

2017/2018    EFMA, Milan; EFA, Jacksonville; GSOM, St. Petersburg. 

2016     Paris December Finance Meeting; University of St. Gallen, Switzerland; NFN PhD Workshop (NHH), Norway; CUNEF (seminar), Spain; Infiniti, Ireland; IFABS, Spain. 

2015     Columbia Business School (seminar), NYC; MFA, Chicago; EFA, New Orleans; Winter GSF workshop, Finland.