Prof. Dr. Marco J. Menichetti

Transcription

1 Prof. Dr. Marco J. Menichetti Chair in Business Administration, Banking and Financial Management Institute for Financial Services T M marco.menichetti@uni.li February 2013 Personal Data Born 1959 in Ludwigshafen (Rh.)/Germany, resident in the Principality of Liechtenstein, Lutheran, married, 2 children. Social Engagement: As a teenager engaged in the catholic youth organization, in several functions; founder of two family circles in catholic and protestant churches, ; president of a soccer senior club, (with an amazing catering turnover). Education 1978 University entry diploma, Hans-Purrmann-Gymnasium, Speyer/Germany, German Army Military Service, later additional military drafts, lieutenant of the reserve, Apprenticeship, Dresdner Bank AG, Mannheim/Germany, University of Mannheim/Germany, studying Business Administration with majors Banking, Finance, human resources, diploma 1987 (MBA equivalent), University of Constance/Germany, research assistant with the Chair of Prof. Dr. Günter Franke, 1993 Dissertation (PhD), University of Constance/Germany, Assistant Professor at University of Trier/Germany, Department of Finance. 1

2 Work Experience Trainee, Foreign International Loan Department, Dresdner Bank AG, in Italy and Germany, Financial Analyst, HOECHST AG/Germany, 1994 Senior Analyst Stocks, Dresdner International Research Institute, Frankfurt/M./Germany, Visiting Lecturer, Warrington College of Business, University of Florida, Gainesville/USA (6 month contract), since 2001 since 2002 since 2005 since 2006 since 2006 since 2000 Professor for Banking and Finance, Liechtenstein University of Applied Sciences, Academic Director, MSc Banking & Financial Management, Member of the Board of Directors of two companies in the financial services area, Appointment for the Chair in Business Administration, Banking and Financial Management, University of Liechtenstein, Referee of FIBAA und OAQ for program and system accreditation of numerous universities and universities of applied sciences, Teaching contracts at universities in Germany, Italy, Malta, Latvia, currently at University of St. Gallen/Switzerland, University of Potsdam/Germany, 10/2012- Sabbatical with visits: Tongji University, Shanghai (2 months); University of 01/2013 International Business and Economics, BeiJing; University of Constance, Germany; Financial University under the Government of the Russian Federation, Moscow; Loughborough University, School of Business and Economics, UK, 12/2012 Appointment as Permanent Visiting Professor of the Financial University under the Government of the Russian Federation, Moscow. Teaching Fields Undergraduate Level: Corporate Finance, Investments, Seminar in Financial Services, thesis projects. Graduate Level: Multinational Business Finance, Asset Allocation and Performance Analysis, Seminar in Finance, Seminar in Wealth Management, MasterLABs, thesis projects on master and PhD level. Research Interest Private Wealth Management, International Asset Management (with focus on Exchange Rate Risk Management), Collective Investments in Europe, International Corporate Finance. Memberships VHB: German Academic Association for Business Research, Göttingen, DGF: German Finance Association, Münster, Schweizerische Gesellschaft für Finanzmarktforschung Swiss Society for Financial Market Research, St. Gallen, EFA: European Finance Association, Brussels, AFA: American Finance Association, Malden MA/ USA, EIBA: European International Business Association, Brussels, Editorial Board, Banks and Bank Systems (International Research Journal), Alumni Master Banking and Financial Management Club (e.v.), Vaduz. 2

3 Selected Publications (since 2002) Menichetti, M.J., Kaiser, L., & Veress, A. (2013). The Exchange Rate Dimension in International Asset Allocation - Lessons learned from the current financial crisis. In: D. Hummel, The Euro-Financial-Crisis Impacts on Banking, Capital Markets, and Regulation. University of Potsdam Press (accepted and to be published in 2013). Devito, V., Kaiser, L., Menichetti, M.J., & Veress, A.(2012). Long-only Momentum, Currency Hedging and Transaction Costs - Implications for a Swiss Equity Investor. Working Paper, University of Liechtenstein, Draft September 28, Veress, A., Kaiser, L., & Menichetti M.J. (2012). Enhanced optimal portfolios - A controlled integration of quantitative predictors. Working Paper, University of Liechtenstein, Draft June 18, Ruhm, J., Menichetti, M. J. & Gantenbein, P. (2012). The Value of Analyst Recommendations for Investment Strategies on the German Market - The Decisive Role of Significant Factors. In R. Frick, P. Gantenbein & P. Reichling (Eds.), Asset Management (pp ). Bern: Haupt. Vaschauner, M., Menichetti, M. J. & Teichgreeber, B. (2012). Trading on the Volatility of the German Market. In R. Frick, P. Gantenbein & P. Reichling (Eds.), Asset Management (pp ). Bern: Haupt. Vaschauner, M. & Menichetti, M. J. (2012). Momentum in the Indian Stock Market: Returns Missed for Domestic and Foreign Institutional Investors. Indian Journal of Applied Finance, will be published in Vaschauner, M., Menichetti, M. J. & Teichgreeber, B. (2011). Is Volatility Rising Like a Phoenix? Characteristics of Volatility as an Asset Class for a German Investor. In University of Latvia (Ed.), Current Issues in Economic and Management Sciences, Conference Proceedings (pp ). Riga. Ruhm, J. / Menichetti, M. J. & Gantenbein, P. (2011). Market Price Reactions of Analyst Revisions and Determining Factors on the German Stock Market. In University of Latvia (Ed.), Current Issues in Economic and Management Sciences, Conference Proceedings (pp ). Riga. Menichetti, M. J., Oehri, O. C. & Schäfer, H. (2009). Microfinance. WiSt Wirtschaftswissenschaftliches Studium, Heft 4, 38. Jg., S Menichetti, M. J. & Hilty, R. (2009). Hedge Fund Classifications and Portfolio Construction. In I. Bruna & E. Zelgalve, Finance and Accounting, International Scientific Conference Proceedings (pp ). Riga. Menichetti, M. J., Vaschauner, M., Dreher, C. & Fausch, J. (2009). Exchange Rate Changes and Internationally Diversified Portfolios Perspective of an European Investor. In I. Bruna & E. Zelgalve, Finance and Accounting, International Scientific Conference Proceedings (pp ). Riga. 3

4 Menichetti, M. J. & Vaschauner, M. (2009). Mergers and Acquisitions by Large Financial Investors in Germany What does the market believe? In I. Bruna & E. Zelgalve, Finance and Accounting, International Scientific Conference Proceedings (pp ). Riga. Menichetti, M. J. & Vaschauner, M. (2009). Momentum Strategies in Boom Markets: A Case Study for the Indian Stock Market. In I. Bruna & E. Zelgalve, Finance and Accounting, International Scientific Conference Proceedings (pp ). Riga. Menichetti, M. J., Oehri, O. C. & Fausch, J. (2009). Microfinance Investment Funds Analysis of Portfolio Impact. In I. Bruna & E. Zelgalve, Finance and Accounting, International Scientific Conference Proceedings (pp ). Riga. Aussenhandelsabwicklung. In F. Thiessen (Ed.), Knapps Enzyklopädisches Lexikon des Geld-, Bank- und Börsenwesens (5. Aufl., o.s.). Frankfurt/M.: Knapp. Aussenhandelsfinanzierung. In F. Thiessen (Ed.), Knapps Enzyklopädisches Lexikon des Geld-, Bank- und Börsenwesens (5. Aufl., o.s.). Frankfurt/M.: Knapp. Investitionsrechnung, internationale. In F. Thiessen (Ed.), Knapps Enzyklopädisches Lexikon des Geld-, Bank- und Börsenwesens (5. Aufl., o.s.). Frankfurt/M.: Knapp. Investmentwesen: Kostentransparenz. In F. Thiessen (Ed.), Knapps Enzyklopädisches Lexikon des Geld-, Bank- und Börsenwesens (5. Aufl., o.s.). Frankfurt/M.: Knapp. Menichetti, M. J., Oehri, O. & Fausch, J. (2007). Microfinance. In F. Thiessen (Ed.), Knapps Enzyklopädisches Lexikon des Geld-, Bank- und Börsenwesens (5. Aufl., o.s.). Frankfurt/M.: Knapp. Menichetti, M. J., Oehri O. C. & Fausch, J. (2006). Microfinance in Portfolio Management. Working Paper 2006, Banking and Finance, Institute for Financial Services, Hochschule Liechtenstein. Menichetti, M. J., Oehri O. C. & Fausch, J. (2006). Portfolio Optimisation Through Microfinance. Working Paper 2006, Banking and Finance, Institute for Financial Services, Hochschule Liechtenstein. Menichetti, M. J. & Oehri O. C. (2006). Domizilierungsentscheidungen im Fondsgeschäft. B2B Schweizer Magazin für Kollektive Kapitalanlagen, Heft 10, August 2006, S Menichetti, M. J. (2004). Die Performance-Darstellung von Wertschriften-Portfolios. In P. Schädler & M. J. Menichetti (Eds.), Private Banking im Qualitätswettbewerb um den Kunden (S ). Heidelberg: Physika. Menichetti, M. J. (2004). Accustomed Swiss Thoroughness and Accuracy in Executive Stock Options Programs? In S. Geberl, H.-R. Kaufmann, M. J. Menichetti & D. F. Wiesner (Eds.), Aktuelle Entwicklungen im Finanzdienstleistungsbereich, Tagungsband des 3. Liechtensteinischen Finanzdienstleistungs- Symposiums, (S ). Heidelberg: Physika. 4

5 Menichetti, M. J. (2003). Basel II und seine Bedeutung für Kleinstaaten. In P. Schädler & M. J. Menichetti (Eds.), Private Banking im Schlaglicht internationaler Regulierungen (S ). Heidelberg: Physika. Menichetti, M. J. (2002). Deregulation, Volatility, and Implications for Risk Management Concepts. In B. Britzelmaier, S. Geberl, H.-R. Kaufmann & M. J. Menichetti (Eds.), Regulierung und Deregulierung der Finanzmärkte, Tagungsband des 2. Liechtensteinischen Finanzdienstleistungs- Symposiums (S ). Heidelberg: Physika. 5

6 University of Liechtenstein The University of Liechtenstein has developed steadily and is now an internationally renowned center of higher education. As such, it offers attractive opportunities for study in the heart of Europe. Anonymity and the ivory-tower mentality are concepts alien to the University of Liechtenstein. People know each other personally on campus. Throughout their courses, our students receive committed personal support and attention. The pleasant campus atmosphere, human interaction and unique location in the Principality of Liechtenstein all contribute to our outstanding teaching and research. This is a place where personalities blossom. The content of the education and transfer offerings is geared to societal needs and business demands. Its key aspects (Architecture and Planning, Business Economics) are in the fields of Bachelor s, Master s and PhD degree programs, continuing education, research and development or technology and knowledge transfer. Approximately students are registered in the Bachelor s, Master s and doctoral degree programs, Executive Master s and post-graduate programs, as well as university courses of study either full-time or in a continuing education capacity. These educational offerings are interdisciplinary and aligned with international decision-making and responsibility expertise. The Institute for Financial Services at the University of Liechtenstein is the pool of knowledge for the subject areas of asset and wealth management, banking, corporate finance and financial management, national, European and international corporate, banking and securities law as well as business taxation, international and Liechtenstein tax law. In the fields of education, continuing education, research and knowledge transfer these topics are perceived by various departments in the areas of finance, law and taxes. The Institute for Financial Services is consistently expanded by the occupation of new chairs and the expansion of research in stages to an integrated FL House of Finance consistently focused on Wealth Management and strategically focused on the themes of private wealth management, international corporations and international financial centers. Marco Menichetti is teaching on the graduate and undergraduate level, also tutoring PhD thesis projects. As Academic Director he is responsible for the MSc in Banking and Financial Management, a 2 year full-time MSc, totally taught in English, research oriented, with a focus on asset management and international finance. The Chair in Business Administration, Banking and Financial Management is active in teaching and research, continuing education and transfer projects. Marco has acquired some outside research grants and for the last 10 years financial supports for international study programs by the European Union. Links University of Liechtenstein: Master of Science in Banking and Financial Management (2-year full time, English): Institute for Financial Services: Executive Master in International Asset Management (in German language): language/de-ch/default.aspx 6