Our People

Advisory board

Representative of each corporate member of the Centre:

  • Two members of the Centre's staff: Vincenzo Maini and Jan Novotny
  • Current PhD students: Alberto Ciampini, Soon Leong and Lars Spreng
  • One member of the academic staff of Bayes: Wang Fa.

Steering committee

  • Badi Baltagi (Syracuse University, USA)
  • Jean-Marie Dufour (McGill University, Montreal, USA)
  • David Hendry (Nuffield College, Oxford, UK)
  • Lynda Khalaf (Carleton University, Ottawa, Canada)

Training Associates

Simona Boffelli

(PhD, Bergamo University, Italy)

Simona Boffelli is a quantitative analyst and portfolio manager in long/short equity at Eurizon Capital in Milan. She holds a Ph.D in Economics, Applied Mathematics and Operational Research from Bergamo University and she is CFA charterholder.

She gained experience in portfolio construction and management in a number of  investment and commercial banks in Milan, including FinecoBank, Unicredit and Pioneer Investments. She is a researcher associate to the Department of Management, Economics and Quantitative Methods of Bergamo University and to 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.

Jan Novotny

(PhD, Charles University, Czech Republic)

Jan Novotny is an eFX Quant at Nomura and research associate to 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 industry, he was working at the Centre for Econometric Analysis on the high-frequency time series econometric models and was visiting lecturer at Bayes Business School, giving lectures at Warwick Business School and Politecnico di Milano.

He has co-authored a number of papers in peer-reviewed journals in Finance (Journal of Financial Econometrics, Journal of Financial Markets) and Physics (Physica A, The European Physical Journal A), contributed to several books  (Machine Learning and Big Data with kdb+/q, Wiley), 2019, and presented at numerous conferences and workshops world widely.

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

Soon Leong

(Current PhD student, Bayes)

Soon Leong  is a PhD candidate at Bayes Business School, City, University of London. He is associated with the Centre for Econometric Analysis under the sponsorship of “2017/2021 PhD Studentship in Memory of Ana Timberlake”.

Soon works in the field of applied and theoretical financial econometrics under the supervision of Prof. Giovanni Urga on several research topics such as measuring and testing systemic risk, causality measures for VARMA and VAR models, multivariate Granger causality in variance, short- and long-run volatility spillover measures, and out-of-sample forecasting.

Soon is also involved in some teaching assistance within Timberlake training courses at Bayes Business School, Cambridge University and Oxford University, European Banking Authority, European Central Bank. He is proficient with intermediate and advanced econometric/statistical software such as EViews, Matlab, Oxmetrics and Stata.

Elisabetta Pellini

(PhD, Surrey University)

Elisabetta Pellini is Research Fellow at the Centre for Econometric Analysis at Bayes Business School and Visiting 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.

0Her research interests include modelling and forecasting energy commodity markets and assessing energy market risk and she has presented her works at several international conferences and workshops. Elisabetta is also Training Associate at Timberlake Consultants LTD (UK) and TStat S.r.l-TStat Training (Italy).

Giovanni Urga

(PhD, Oxford)

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

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 in several international Institutions and he is consultant for Italian investment banks.

Associate Research Fellows

  • Oguzhan Akgun (CRED and Pantheon-Assas Paris II, Paris, France)
  • Vitali Alexeev (Finance Discipline Group, Business School, University of Technology Sydney, Australia)
  • Filippo Umberto Andrini (Department of Management, Economics and Quantitative Methods, Bergamo University, Italy)
  • Simona Boffelli (Eurizon, Milan, Italy)
  • Juan Cajigas (Researcher, former Senior Trader at Investec Bank and VP at Barclays Bank)
  • Jean-Marie Defour (McGill University, Montreal, Canada)
  • Lynda Khalaf (Department of Economics, Carleton University, Ottawa, Canada)
  • Michele Meoli (Department of Management, Information and Production Engineering and CCSE, Bergamo University, Italy)
  • Jan Novotny (Deutsche Bank, London, UK)
  • Elisabetta Pellini (Visiting Lecturer, Bayes Business School, London, UK)
  • Carlo Bellavite Pellegrini (Director of CSEA and Dipartimento di Politica Economica Università Cattolica del Sacro Cuore, Milan, Italy)
  • Alain Pirotte (Université Paris II Panthéon Assas, CRED, Paris, France)
  • Wenying Yao (Department of Economics, Faculty of Business and Law, Deakin University, Australia)

Former PhD students

  • Filippo Umberto Andrini (Financial Analyst, Research Department, UBI Bank, Bergamo, Italy)
  • Michele Bergamelli (Legal & General, London, UK)
  • Simona Boffelli (Generali Research Department, Milan, Italy).
  • Riccardo Borghi (Bayes Business School, City, University of London, UK)
  • Daniel Braberman (Standard Chartered Bank)
  • Juan Cajigas (Researcher, former Senior Trader at Investec Bank and VP at Barclays Bank)
  • Lucio Della Ratta (Aviva PLC, London, UK)
  • Arturo Leccadito (Assistant Professor, University of Calabria, Italy.  Marie Curie Fellow at Bayes and PhD student in Bergamo, Italy)
  • Vincenzo Maini (Deutsche Bank, London, UK)
  • Michele Meoli (Marie Curie Fellow, Bayes UK, and PhD student in Bergamo, Italy)
  • Jan Novotny (Quants Department, HSBC, Marie Curie Fellow, 2012/15, Research Fellow, 2014/16)
  • Dennis Phillip (Professor, Durham University, UK)
  • Marianna Russo (Economic and Social Research Institute, Dublin, Ireland )

RAE Development Funds Fellows

  • Lorenzo Trapani (October 2004-September 2005)
  • Ba Chu (January 2005-December 2005)

Associate Bayes Members

External Members