• 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 (Revise and Resubmit in the Journal of Financial Economics)

Link to paper

Main Conferences: NBER SI 2019 Asset Pricing, SFI 2019, CFR Cologne 2019 

Media Coverage: citywireusa

Awards:  American Association of Individual Investors outstanding paper award 2019

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 6.5% p.a. faster relative to other funds. 

Selected Published Papers:

Solvency Risk Premia and the Carry Trades (2019) 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 publications: Google Scholar

2019  Best paper award for “In Military We Trust: The Effect of Managers’ Military Background on Mutual Fund Flows”, by American Association of Individual Investors   

2018  Best Doctoral Dissertation in Finland award, OP Financial Group Research Foundation

2016  Columbia Business School, Research visit grant, from OP foundation; Markus Wallenberg foundation grant;  NFN travel grant; CUNEF Research visit travel grant by Markus Wallenberg foundation  

2019 NBER SI 2019 Asset Pricing; SFI Research days; SFA 2019 

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.