The institute

IQ-KAP steht für Innovation durch Forschung. Das Institut für Kapitalmarktforschung der DekaBank ist ein Forum für Wissenschaft und Praxis, das quantitative Forschung fördert, Experten vernetzt und herausragende Leistungen auszeichnet. Forscher erhalten die Chance, ihre Modelle in Produkte zu übersetzen.

IQ-KAP – Privates Institut für quantitative Kapitalmarktforschung der DekaBank

IQ-KAP – DekaBank Privates Institut für quantitative Kapitalmarktforschung is an academically-oriented private institute for quantitative capital market research. IQ-KAP’s objective is to improve the transfer of knowledge between academic research and practice.

The main purpose of IQ-KAP is to perform quantitative research in the area of capital markets and prepare academic papers in cooperation with universities and partners. Modern methods are used to empirically investigate and explain capital market phenomena and answer fundamental investment-related questions. The idea of bundling current research projects and cooperations in an institute was conceived by Dr Ulrich Neugebauer, Dr Michael Wegener and Johannes Behrens-Türk and was implemented in practice in 2013 with the formation of IQ-KAP as a DekaBank company.

12

Renowned authors

6

Members in the Scientific Advisory Board

52

Published research papers

Dr Neugebauer is Managing Director of Deka Investment GmbH with responsibility for quantitative products and has worked for Deka in this area for more than 15 years. Dr Wegener worked at Deka Investment until 2018 and was responsible for quantitative bond management. Johannes Behrens-Türk is Head of sustainability at DekaBank and therefore responsible for sponsorship of schorlarship.

IQ-KAP provides a forum where academics and practitioners can discuss current topics, participate in research projects and introduce their own ideas.

Scientific Advisory Board

A scientific advisory board was formed for IQ-KAP, the private institute for quantitative capital market research at DekaBank, to provide assistance with IQ-KAP’s scientific work and advice on issues related to the scientific development of the institute. The members of the scientific advisory board provide their services on a voluntary basis.

Prof. Dr. Frank Bulthaupt
Chair for Capital Markets and Economic Studies at the Sparkassen-Finanzgruppe University of Applied Sciences

Curriculum Vitae:

  • Born 1958
  • Studied Economics and Mathematics at the University of Göttingen
  • 1988 Diploma degree in Mathematics
  • 1988 – 1993 Research assistant at the Institute of Economics at the University of Kiel
  • 1993 Ph.D. (Dr.sc.pol) in Economics
  • 1994 Research assistant at the Institute of Economics at the University of Kiel
  • 2000 Habilitation (postdoctoral lecturing qualification) (Dr.sc.pol.habil) with venia legendi received for the entire area of Economics, granted title of Privatdozent (private lecturer)
  • 2000 – 2002 Economics department of Dresdner Bank AG
  • 2002 – 2005 Capital Markets Team Leader in the Economic Research department of Allianz AG
  • Since April 2005, Professor for Capital Markets and Economic Studies at the Sparkassen-Finanzgruppe University of Applied Sciences

Areas of research:

  • Interest rate and stock price forecasting models
  • Dynamic macroeconomic models

Prof. Dr. Ulrich Klüh
Chair for Macroeconomics and Economic Policy, University of Applied Sciences, Darmstadt

Curriculum Vitae:

  • Born 1974
  • 1994 – 2000 Studied Economics in Frankfurt am Main and Berkeley, CA
  • Ph.D. from the Ludwig Maximilian University of Munich
  • 2005 – 2008 Economist at the International Monetary Fund in Washington, DC
  • 2008 – 2010 Secretary General for the German Council of Economic Experts for the evaluation of the macro-economic development
  • 2010 – 2015, Head of the Sparkasse Academy of Hesse and Thuringia
  • Since October 2015, Professor of Economics at Hochschule Darmstadt

Areas of research:

  • Financial market stability
  • Regulatory design
  • Central bank policy
  • History of economic dogma

Prof. Dr. Ulrich Schollwöck
Chair for Theoretical Nanophysics at the Ludwig Maximilian University of Munich

Curriculum Vitae:

  • Born 1967
  • 1986 – 1995 Studied physics in Munich, Oxford and Paris
  • 1991 Master of Science, Balliol College, Oxford University
  • 1993 – 1995 Researcher for the Service de Physique Théorique at the French Atomic Energy Authority
  • 1995 Ph.D., University of Paris XI (Paris-Sud, Orsay)
  • 1999 Habilitation (postdoctoral lecturing qualification), LMU of Munich
  • 1999 – 2003 Positions in Wuppertal and Stuttgart (Max Planck Institute for Solid State Research)
  • 2003 Professor for Theoretical Physics at the LMU of Munich
  • 3/2004 – 3/2009 Professor at the RWTH Aachen University
  • Since 2008 Vice-President of the German Association of University Professors and Lecturers (DHV)
  • 2009 – 2010 Fellow at the Institute for Advanced Study in Berlin (Wissenschaftskolleg zu Berlin)
  • Since 4/2009 LMU of Munich (Chair for Theoretical Nanophysics)

Areas of research:

  • Collective quantum phenomena, as manifested in magnetism and superconductivity

Awards:

  • 2000 Gerhard Hess Prize from the German Research Foundation (DFG)
  • 2006 Fellow of the American Physical Society for contributions to the classical and quantum density matrix renormalisation group method for non-equilibrium physics
  • 2007 Full member of the North Rhine-Westphalian Academy of Sciences, Humanities and the Arts

Prof. Dr. Wolfgang Bessler
Chair for Finance and Banking, Justus-Liebig University Giessen

Curriculum Vitae:

  • Seit 1998 Professor für Finanzierung und Banken an der Justus-Liebig Universität Gießen
  • 1996-1998 Professor für Internationales Management Universität Hamburg
  • 1989-1996 Professor für Finanzierung und Banken an der Syracuse University und dem Rensselaer Polytechnic Institute, New York, USA
  • 1987 Promotion Universität Hamburg
  • 1981 Diplom in Betriebswirtschaftslehre und in Wirtschaftspädagogik Universität Hamburg

Areas of research:

  • Corporate Finance
  • Asset Management
  • Banken
  • Empirische Kapitalmarktforschung

Prof. Dr. Alexander Hillert
House of Finance-Professor for Sustainable Asset Management, Goethe University Frankfurt

Curriculum Vitae:

  • House of Finance-Professor für Sustainable Asset Management, Goethe Uni Frankfurt
  • 2016 Assistant Professor, SAFE, Frankfurt
  • 2009-2015 Promotion Universität Mannheim
  • 2005-2009 Studium der Wirtschaftswissenschaften Uni Mannheim

Areas of research:

  • Asset Management
  • Behavioral Finance
  • Empirical Asset Pricing
  • Textual Analysis

Prof. Dr. Dirk Schiereck
Chair for Corporate Finance, Technische Universität Darmstadt

Curriculum Vitae:

  • seit 2008 Leiter des Fachgebiets Unternehmensfinanzierung an der Technischen Universität Darmstadt
  • 2002-2008 Inhaber des Stiftungslehrstuhls Bank- und Finanzmanagement an der European Business School, Schloß Reichartshausen, Oestrich-Winkel
  • 2000-2002 Inhaber des Lehrstuhls für Kapitalmärkte und Corporate Governance und Direktor am Institute for Mergers & Ac-quisitions an der Privaten Universität Witten/Herdecke
  • 1995-2000 Hochschulassistent am Lehrstuhl für ABWL, Finanzwirt-schaft, insb. Bankbetriebslehre an der Universität Mannheim (Prof. Dr. Martin Weber)
  • 2000 Habilitation an der Fakultät für Betriebswirtschaftslehre der Universität Mannheim
  • 1995 Promotion an der Fakultät für Betriebswirtschaftslehre der Universität Mannheim
  • 1985-1990 Studium der Volkswirtschaftslehre an der Christian-Albrechts-Universität zu Kiel

Areas of research:

  • Corporate Finance
  • Empirical Finance