CEA Our People

(PhD, Bergamo University, Italy)

Simona Boffelli is a quantitative analyst and portfolio manager in long/short equity at Euclidea in Milan. She holds a PhD in Economics, Applied Mathematics and Operational Research from Bergamo University and she is CFA charter holder.

She gained experience in portfolio construction and management in several investment and commercial banks in Milan, including FinecoBank, Unicredit and Pioneer Investments. She is a Research Fellow at the Centre for Econometrics Analysis of Bayes Business School in London.

Her research interests are in financial econometrics, with focus on portfolio construction and risk management. She has published in the International Journal of Forecasting, International Journal of Money and Finance and Journal of Financial Econometrics.

(Department of Management, University of Bergamo, Italy)

Peter Cincinelli is Assistant Professor in Finance at the Department of Management of University of Bergamo (Italy) since October 2018, where he was Post Doc Researcher from 2017.

Education:  Ph.D. in Finance (Catholic University of the Sacred Heart, Milan, Italy, 2015), BSc in Finance (University of Bergamo, Italy, 2011).

Research interests:  Banking and Finance : Systemic Risk and Early Warning Indicators, Banking and Insurance and Shadow Entities. Financial Markets : derivatives in agricultural commodities prices. Corporate Finance : the Social Network Analysis (SNA) in the corporate finance field.

Teaching:  Corporate Finance, Investment, Shadow Banking and Systemic Risk, Measuring Systemic Risk.

(PhD, Charles University, Czech Republic)

Jan Novotny is an eFX Quant at Nomura and Research Fellow at the Centre for Econometric Analysis of Bayes Business School in London. Prior his current role, he was a front office quant at Deutsche Bank and HSBC in the electronic FX markets.

Before joining the financial industry, he was working at the Centre for Econometric Analysis on high-frequency time series econometric models and was visiting lecturer at Bayes Business School, Warwick Business School and Politecnico di Milano (Italy).

He has co-authored several papers in peer-reviewed journals in Finance (Journal of Financial Econometrics, Journal of Financial Markets) and Physics (Physica A, The European Physical Journal A). Jan also contributed to several books (Machine Learning and Big Data with kdb+/q, Wiley), and has presented his research at numerous international conferences and workshops.

During his PhD studies, he co-founded Quantum Finance CZ. He is a Machine Learning enthusiast and explores kdb+/q for this purpose.

(PhD, Surrey University)

Elisabetta Pellini is Research Fellow at the Centre for Econometric Analysis and Lecturer at Bayes Business School, where she teaches several graduate courses in Quantitative Methods.

She obtained a PhD in Energy Economics from Surrey University, where she carried out research on modelling energy demand and prices, and on evaluating the economic impact of energy policies. Elisabetta has published in Energy Policy, Energy Economics and in the International Review of Financial Analysis. She has presented her papers at several international conferences and workshops.

Her research interests include modelling and forecasting energy commodity markets and assessing energy market risk, and systemic risk in financial systems. Elisabetta is also Training Associate at the consulting company TStat Training (Italy).

Lars Spreng is Assistant Director, Research at Moody's Analytics, developing and researching Credit Risk models. He is also Research Fellow at the Centre for Econometric Analysis of Bayes Business School where he got his PhD in Finance in July 2023. His research is focussed on time series econometrics, specifically on new ways to forecast financial variables and statistical tests for forecast evaluation. Lars has worked extensively with dimensionality reduction methods and models for high-dimensional data, such as time-varying factor models. He has published his work in the Journal of Business and Economic Statistics as well as the Journal of Applied Econometrics. Prior to joining Bayes, he has worked as a Research Assistant and Associate at the University of Nottingham. Lars is proficient in several programming languages, such as Python, Matlab, and Julia.

Professor Sotiris Tsolacos is an academic with years of practical experience. Previously he was with Henley Business School and held posts at JLL and Property Portfolio Research/Costar from 1999 to 2013. He is co-author of the standard textbook on real estate forecasting.

(PhD, Oxford)

Giovanni Urga is Professor of Finance and Econometrics and Director of the Centre for Econometric Analysis at Bayes Business School, London (UK).

His research interests are in panel and factor models, financial econometrics, modelling (systemic, liquidity, premia) risk in (shadow) banking and (shadow) insurance and cross-market correlations, asset pricing, modelling and testing for multiple breaks and jumps.

He has published in the Journal of Econometrics, Journal of Business and Economic Statistics, Journal of Banking and Finance, Journal of Financial Econometrics, Journal of Applied Econometrics, Journal of Financial Markets, Journal of Money Credit and Banking, Econometric Theory, International Journal of Forecasting, International Journal of Money and Finance and others.

He is an Associate Editor for Empirical Economics,  and has been a guest editor for the Journal of Econometrics and the Journal of Business and Economic Statistics. He has presented his works in several international conferences and seminars. He has been consultant for several international institutions and he is consultant for Italian investment banks.

• Roy Batchelor
• Alec Chrystal
• Lilian De Menezes
• Ana-Maria Fuertes
• Ian Marsh
• Nikos Nomikos
• Richard Payne
• Sotiris Staikouras
• Sotiris Tsolacos
• Chuanping Sun
• Xiao Han

• Vitali Alexeev (University of Technology Sydney, Australia)
• Gianni Amisano (Board of Governors of the Federal Reserve System, Washington DC, USA)
• Heather Anderson (Monash University, Australia)
• Federico Bandi (Johns Hopkins University, USA)
• Anindya Banerjee (University of Birmingham, UK)
• Yoosoon Chang (Indiana University, USA)
• Giorgio Consigli (University of Bergamo, Italy and Khalifa University, UAE)
• Valentina Corradi (University of Surrey, UK)
• Ana-Maria Dumitru (University of Surrey, UK)
• Patrick Gagliardini (Lugano, CH)
• Stephen Hall (Leicester University, UK)
• Marco Lippi (University of Rome, Italy)
• Claudio Morana (University of Milano – Bicocca, Milan, Italy)
• Joon Y. Park (Indiana University, USA)
• Edoardo Rossi (University of Pavia, Italy)
• Paul Temple (Surrey University, UK)
• Lorenzo Trapani (Leicester University, UK)
• Fabio Trojani (University of Geneva, Swiss Finance Institute, CH)
• Farshid Vahid (Monash University, Australia)

• Filippo Umberto Andrini (Intesa SanPaolo, Milan, Italy)
• Michele Bergamelli (Legal & General, London, UK)
• Simona Boffelli (Euclidea, Milan, Italy)
• Riccardo Borghi (Intesa SanPaolo, Milan, Italy)
• Daniel Braberman (Standard Chartered Bank, London, UK)
• Juan Cajigas (Own Hedge Funds, New York, USA)
• Alberto Ciampini (Norges Bank Investment, London, UK)
• Lucio Della Ratta (Aviva PLC, London, UK)
• Arturo Leccadito (Associate Professor, University of Calabria, Italy)
• Soon Leong (Assistant Professor, ESCP Business School, London, UK)
• Vincenzo Maini (Holding Company, Doha, Qatar)
• Michele Meoli (Associate Professor, University of Bergamo, Italy)
• Jan Novotny (Nomura, London, UK)
• Dennis Phillip (Professor, Durham University, UK)
• Marianna Russo (Assistant Professor, NEOMA Business School, France)