Bernd Hanke, PhD, CFA
Research and Portfolio Management
Bernd joins us in a senior advisory capacity. He is also currently a Managing Partner and Co-Chief Investment Officer of Global Systematic Investors LLP (GSI), a quantitative equity investment management firm based in London. Prior to founding GSI, Bernd was a strategist and asset manager for GSA Capital in London focusing on quantitative equity research and portfolio management. Before that Bernd was a Vice President in Quantitative Investment Strategies (QIS) at Goldman Sachs Asset Management in New York for almost 5 years where he focused on systematic equity return and risk modelling to manage long-only and hedge fund portfolios. At the time QIS was one of the thought leaders in the systematic investment management business with almost $200 billion of AUM.
Bernd has most recently been involved as an expert witness in a number of prominent lawsuits against the pension fiduciaries of some major corporations as well as some of the leading academic institutions running 401(k) and 403(b) funds respectively for violating their fiduciary duties.
Bernd has vast experience developing and managing quantitative investment strategies in all asset classes with a particular focus on equities where he has been involved in return, risk and transaction cost modeling for global long/short and long-only equity portfolios. Investment strategies he has worked on range from short-term to long-term strategies with average holding horizons ranging from a few days to several months. Over the years Bernd has worked as a part-time consultant to various organizations including the CFA Institute, Dimensional Fund Advisors, The World Gold Council, Atlantic Asset Management and Innealta Capital. Bernd has also taught courses and guest lectures in finance at some of the world’s leading academic institutions such as Yale University, London Business School, Washington University, Cass Business School and Edhec Business School.
Bernd holds a PhD in Finance from London Business School where his research focused on empirical asset pricing and the impact of liquidity on asset prices. He co-authored several papers on asset pricing and investments and has presented widely on systematic investment strategies. Bernd became a CFA charter holder in 2003. He also holds a B.S. in Quantitative Finance from James Madison University. He serves as a regular referee for the Financial Analysts Journal.