Andrew Mason

Dr Andrew Mason


Lecturer in Finance
+44 (0)1483 683093
68 MS 02

Biography

Biography

Andrew gained more than 20 years hands on experience in the financial sector, in Investment Management and Investment Banking, prior to returning to academia. This includes positions as Economist and Investment Strategist at leading investment banks Nomura and Citicorp before moving into investment management. Andrew held senior investment management roles at leading pension funds including USS, one of the UK's largest funds, and U.S. mutual fund Kemper. He was a top performance ranked investment manager by WM (UK) and Lipper (US). He was also Head of Equities at Philips Pension Fund, one of the largest pension funds in Europe and has experience of asset allocation and specialist mandates including hedge funds and private equity.

PhD in Finance from Southampton University: 'Equity Investment Philosophies, Investment Styles & Investment Processes'

Research interests

Equity Investment Styles, Investment Sentiment, Mutual Funds, Mutual Fund Performance (Skill or Luck?), Managerial Characteristics of Mutual Funds, Hedge Funds, Earnings Surprises & Textual Sentiment

Research collaborations

CASS, Cranfield Management School, Brunel University & University of Southampton

Teaching

Equity Investment Analysis (MSc Level 7) Fixed Income Investment (MSc Level 7)

Previous Teaching includes Investment Management (MSc Level 7), Risk Management (MSc Level 7), Financial Risk Management (UG Level 6), Business Finance (UG Level 5), Economics for Business (MBA) and Executive Education (Economics, Investment Management).

Departmental duties

Affiliations

American Finance Association Financial Management Association Multinational Finance Society Southern Finance Association Inquire UKERIM Research Centre of Mutual Funds and Hedge Funds

Other

Referee for European Journal of Finance

Representative of the University on the ifs School of Finance Academic Standards & Quality Committee (2010-13)Invited speaker at 'Style Research Inc.' seminar 2013Invited participant at 'The Forbes Insights Summit on the Future Role of Audit' 2013

Recruiting PhD Students

I am looking to recruit suitably qualified PhD students in the Following areas:

Investment Sentiment, Mutual Funds, Managerial Characteristics of Mutual Funds and Textual Sentiment in Finance

My publications

Publications

Journal Articles

Mason A., Agyei-Ampomah S., Skinner F. (2016) ‘Realism, skill, and incentives: Current and future trends in investment management and investment performance’. International Review of Financial Analysis Volume 43, January 2016, Pages 31-40

https://doi.org/10.1016/j.irfa.2015.10.003

 

Mason A, Agyei-Ampomah S, Clare A, Thomas S. (2015) 'On luck versus skill when performance benchmarks are style-consistent'. Elsevier Journal of Banking & Finance, United Kingdom: 59 (October 2015), pp. 127-145.

doi: 10.1016/j.jbankfin.2015.05.013

Repository URL: http://epubs.surrey.ac.uk/808241/

 

Mason, A., McGroarty, F. & Thomas, S. J. (2013) ‘Complementary or Contradictory? Combining Returns Based & Characteristics Based Investment Style Analysis '. The Journal of Asset (2013) 14: 423. https://doi.org/10.1057/jam.2014.4

Mason, A., Thomas, S., & F.J.A. McGroarty (2012) 'Style Analysis for Diversified US Equity Funds' Journal of Asset Management (ABS 2*)

Skinner F.S., and A. Mason (2011) “Interest Rate Parity in Emerging Markets” International Review of Financial Analysis (ABS 3*)

Book Chapters

Chapter 24:'Equity Investment Styles' in Portfolio Theory and Management (Oxford University Press) H. Kent Baker and Greg Filbeck, Editors (2013)

Peer Reviewed Conference Papers

Mason A., Karampatsas K., Malekpourkolbadinejad S., 'Beyond Market Mood: Stock Sentiment and the Response to Corporate Earnings Announcements' World Finance Conference (WFC), Cagliari, Italy, 2017

Mason A., Karampatsas K., Malekpourkolbadinejad S., 'Beyond Market Mood: Stock Sentiment and the Response to Corporate Earnings Announcements' European Financial Management Association (EFMA), Athens, Greece, 2017

Mason A., Karampatsas K., Malekpourkolbadinejad S., 'Beyond Market Mood: Stock Sentiment and the Response to Corporate Earnings Announcements’ Behavioural Finance Working Group (BFWG) Conference, London, UK, 2017

Mason A., Karampatsas K., Malekpourkolbadinejad S., 'Beyond Market Mood: Stock Sentiment and the Response to Corporate Earnings Announcements' Annual Conference of Brunel Studies in Economics & Finance, London, UK, 2016

Mason A, Agyei-Ampomah S. (2014) 'Luck vs. Skill & the Euro: Europe, Eurozone & Offshore Centres'. Surrey University: 2014 Conference of the Financial Engineering & Banking Society (F.E.B.S)

Mason A, Agyei-Ampomah S, Clare A, Thomas S. (2013) 'On Luck versus Skill in Fund Performance: Does Style Matter? Puerto Rico: Annual Meeting of the Southern Finance Association 2013

Mason A, Thomas S, McGroarty F. (2012) 'Complementary or Contradictory: Combining Returns Based and Characteristics Based Investment Style Analysis'. Hamburg: EFM 2012 Symposium on Asset Management

Mason A., “Revealed Preferences and Investment Outcomes: Characteristic Based Style Analysis and Market Phases” 18th Annual Conference of the Multinational Finance Society - Rome, Italy June 26 - 29, 2011

“Investment Philosophies and Investment Beliefs Determine Investment Outcomes,” 2nd Annual Meeting of the Academy of Behavioral Finance & Economics September 15-17, 2010 Chicago, IL.

Mason, A. “Combined Returns Based and Characteristics Based Style Analysis: Greater Than the Sum of the Parts?” 17th Annual Conference of the Multinational Finance Society - Barcelona, Spain June 27 - 30, 2010

Mason, A. McGroarty, F. J and Thomas, S 'The New Debate for Returns Based Style Analysis; RBSA or BFI?' 16th Annual Conference of The Multinational Finance Society, Rethymno, Crete June 28 - July 1 2009

Mason, A., & Thomas, S, Professor "Portfolio Characteristics and Equity Investment Styles: A Multidimensional Approach" 15th Annual Conference of the Multinational Finance Society -Orlando, Florida, July 6-9, 2008