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Dr Andreas Hoepner

Dr Andreas Hoepner

BA (Hons) MLitt PhD
Library Representative (with Jimmy Chen)

Lecturer in Banking and Finance
Deputy Director, Centre for Responsible Banking and Finance

Contact details

Tel: +44 (0)1334 462860
Fax: +44 (0)1334 462812

Office Hours

Semester Two: Monday and Friday, 4-5pm.
Note: No Office Hour on Friday 8 February 2013.

Web Link

Andreas holds the position of Academic Fellow, Principles for Responsible Investment, United Nations.

Teaching 2012/2013

  • MN5443 Research Methods in Finance and Management
  • MN5611 Alternative Investments: Hedge Funds, Private Equity, Socially Responsible Investment, Islamic Finance, Carbon Finance

Biography and Research Summary

Andreas' research focuses on both, (i) numeric/performance related concepts such as business, environmental science, finance and statistics and (ii) value driven concepts such as corporate social responsibility, culture, or social media. His diverse research interests have been shaped by (a) his family of medical doctors and public servants; (b) his training as semi-professional chess player during his teenage years; (c) and his Business education at a 'corporate university', during which he was employed by multinational enterprise Miele with its continuous improvement philosophy ("Immer besser").

Andreas combines his two sets of research interests in his main research area of responsible investment, which describes a process of investing informed by environmental, social or corporate governance (ESG) criteria. Besides responsible investment, he also takes an interest in related areas such as Intangible Assets, Investment Performance Assessment, Research Design, Scientometrics, Sociolytics, Strategy or Sustainable Development.

Andreas considers himself part of a small but growing generation of 'Social Academpreneurs'. Reacting to the 'Ivory Tower' criticism of academia, Social Academpreneurs aim to employ their analytical accuracy, conceptual competence, and statistical skills to produce, communicate and implement professionally and publicly relevant research insights with an entrepreneurial spirit. Andreas aims to be a 'Social Academpreneur', as he considers providing the public with valuable and implementable longer term information to be part of his responsibilities as an academic, who honours the public co-funding of academia. To date, Andreas has presented/discussed professionally and publicly relevant insights from his research at many academic conferences/seminars and international financial institutions such as Allianz Global Investors, China Industrial Bank, Deutsche Bank, Generation Investment, Hermes, MSCI, Nordea, Ontario Teachers', Scottish Widows or Shanghai Pudong Development Bank.

Formally, Andreas is a Lecturer in Banking and Finance at St Andrews (since February 2009). He is currently also serving as Academic Fellow to the United Nation's Principles for Responsible Investment (since September 2009) and as Deputy Director of the Centre for Responsible Banking and Finance at the University of St Andrews (since its launch on 9 November 2011). He received his PhD from St Andrews in June 2010. His research has won several awards including a 2012 Academy of Management Best Paper Proceeding, a 2010 PRI Academic Research Award, and 2011 and 2012 PRI/FIR Research Grant Awards. Due to the considerable length of the academic publication cycle (2-6 years), most of his research is 'in progress' though early outputs have been published in outlets such as Ecological Economics, European Journal of Finance and Accounting Education.

Research Interests

Robust Sharp Ratio thumbnailRobust Sharpe Ratio (RSR)
"Our Robust Sharpe Ratio assesses your own and your client's investment opportunities reliably in any market condition (whereas the Sharpe ratio struggles to do this in mixed and bear markets). The technology can be applied in direct assessments of individual or multiple securities or in computerised investment algorithms. It is fully customizable to personal or client's interests. A framework patent is pending, which applies to all relevant Sharpe ratio substitutes. The University of St Andrews is looking for a commercial partner for this financial assessment technology." See full details at: Robust Sharpe Ratio (RSR) leaflet (PDF, 2,508 KB).

Primary Research Interest(s):

  • Responsible Investment
  • Investment Performance Evaluation
  • Sociolytics

Further Research Interest(s):

  • Banking; Carbon Finance; Corporate Finance; Corporate Governance; Corporate Social Responsibility; Downside Risk Measurement; Financial Markets; Islamic Investment; Microfinance; Research Design; Scientometrics; Statistics; Sustainable Development; Systematic Review Methods

'As I have got several dozen promising undergraduate and especially postgraduate dissertation topics on file, I recommend students interested in one of these research areas to contact me ideally a few months before the start of their dissertation process.'

Publications and Selected Other Information

For detailed information on Andreas' academic activities, please download his CV here:
Andreas Hoepner - Academic CV (PDF, 413 KB).

Short Summary in German

Recommended Links about Responsible Investment, Campaigns towards Sustainability and Taught Students' Research can be found on the Centre for Responsible Banking and Finance > Events & Links page.

External websites are not the responsibility of the School of Management or the University of St Andrews.