Dr Jacob H Schmidt

Dr Schmidt is Assistant Professor in Finance at Regent’s University London. He is the founder and Chief Executive Officer of Schmidt Research Partners Limited and former Chief Economist and member of the Investment Committee at NLP Financial Management. He is an economist, educator and entrepreneur.

• CIO at Schmidt Wealth Management, London, UK (2023-now)
• CEO at Schmidt Research Partners, London, UK and Raanana, Israel (2005-now)

Qualifications

• Karl-Franzens University of Graz (PhD in Finance) (2008 – 2017) Supervisors: Prof. Stefan Karner / Prof. Richard Sturn / Prof. Mestel. Doctoral Thesis: The Role of Speculators in Major Market Crashes - Comparative historical analysis of the role of funds, hedge funds, leveraged institutions and other market participants in the market crashes of 1929 and 2008
• WU Wien (Vienna University of Economics and Business: Economics and Business Administration (1984 – 1990), graduation 1990 (MSc / Mag.rer.soc.oec.)
• Karl-Franzens University of Graz: law (1982 – 1984), first diploma 1984

Relevant Past Employment

Academia:

• 2002 – current: Assistant Professor in Finance at Regent’s University London
• 1999 – 2005: Adjunct Professor in Finance at Webster University Vienna, Austria
• 1999: Lecturer, University of Graz, Austria

Industry:

• CIO at Schmidt Wealth Management, London, UK (2023-now)
• CEO at Schmidt Research Partners, London, UK and Raanana, Israel (2005-now)
• 2022 – 2023: NLP Financial Management, Chief Economist and member of the Investment Committee at NLPFM
• 2015 – 2022: NLP Financial Management, Chief Investment Analyst and member of the Investment Committee
• 2005 – current: Schmidt Research Partners Ltd., London, UK: Investment Research and Advisory, FSA authorised and regulated.  CEO and CIO
• 2000 – 2005: Allenbridge Hedgeinfo (part of Allenbridge Group plc), London, UK: Director of Research
• 1998– 2022: SFP-International Ltd., London, UK: Global Consultancy, Founder & MD
• 1996 – 1998: Donaldson, Lufkin & Jenrette (now part of Credit Suisse), London, UK; Vice President, Emerging Markets, Derivatives, Head of Austria, Germany and Switzerland
• 1994 – 1996: Citibank, London, UK: Assistant Vice President, Emerging Markets
• 1991 – 1994: Creditanstalt-Bankverein, Vienna, Austria, Trainee Program VII, Trader and Portfolio Manager, Sovereign Debt – LDC – Emerging Markets – Special Assets Management
• 1990 – 1991: Creditanstalt-Bankverein, Vienna, Austria, Trainee Program VII (15-month graduate trainee programme)
• 1990 – 1994: Creditanstalt-Bankverein (now part of UniCredit - Bank Austria), Vienna, Austria.

• Schmidt, Jacob H and Esha Pilinja (2023), Essays on Structured Products 2022, Wealth Management Research Group | Working Paper Series/Working Paper: WP004 
• Schmidt, Jacob H and Bianca Hutton Chimes (2023),  Do Female Fund Managers Outperform Their Male Counterparts? A Quantitative Analysis of U.K. Retail Funds; Journal of Applied Finance & Banking, Vol. 13, No. 5, 2023, 29-55 ISSN: 1792-6580 (print version), 1792-6599(online) 
• Schmidt, Y (2023) Eternal Wisdom from King Solomon חכמת שלמה Exploring the philosophical discourses of Shlomo HaMelech (King Solomon) in Shir HaShirim (Song of Songs), Mishlei (Proverbs) and Kohelet (Ecclesiastics). ALTC Press London, ISBN 978-1915942227
• Schmidt, Jacob H and McCann, Charlie (2022), ESG Challenges in the Construction of UK Balanced Portfolios for Private Investors: An Analysis of the Availability and Performance of ESG Funds Across Various Asset Classes, Journal of Applied Finance & Banking, Vol 12 - Issue 1 (2022).
• Khajenouri, Daniel C and Schmidt, Jacob H (2021), Standard or Sustainable Investing – Which Offers Better Performance for the Passive Investor? Journal of Applied Finance & Banking, Vol 11 – Issue 1 (2021). 
• Schmidt, J (2019), The Role of Speculators in the Market Crash of 1929 – Oct 2019 (Working Paper) 
• Schmidt, J (2019), The Great Crash of 1929 and the Great Depression in the Global Context – Oct 2019 (Working Paper) 
• Schmidt, J (2017), The Role of Speculators in the Market Crash in Major Market Crises, University of Graz, Austria, March 2017 (PhD) 
• Schmidt, Jacob H (2014), Oil and Gas In Israel- A Conference and Trip Report. Faculty Centre for Applied Finance and Banking Working Paper Series, Working Paper 003: WP003 
• Schmidt, Jacob H (2013),  Ernest Dichter – Father of Motivational Research
• Schmidt, Jacob H (2009), Discussion of Economic Benefits of Adopting IFRS or USGAAP - Has the Expected Cost of Equity Capital Really Decreased?, University of Graz, Austria
• Schmidt, Jacob H (2008), Major Funds of Hedge Funds An Analysis of LCH, Permal Investments Holdings, Haussmann Holdings and GAM Diversity, Publications
• Schmidt, J, (2003). The return of global macro. Why investors should be wary of irrational expectations. In; SwissHedge, A Review of Developments in the Hedge Fund Industry, p.23-27 
• Schmidt, J, (2003). Due diligence: eternal vigilance. Hedge Fund Review,. P. 36-37. 
• Schmidt, J, (2002). Fonds de fonds; sont ils trop chers? In: Banque et Finance, Special Edition.
• Schmidt, J, (2002). Benchmarking hedge fund returns: will indices destroy In: Risk & Reward.
• Schmidt, J, (2001), Hedge Funds of Funds: a panacea for the discerning investor? In: European Fund Manager.
• Schmidt, J, (2001). Hedge Fund returns: are the best times over? Risk & Reward, October.
• Schmidt, J (2000), Credit Markets and Credit Derivatives: Theory and Practice of the International Credit Markets and the Role of Financial Innovations in Risk Management (RPS'S Financial Market Series) (Paperback), ISBN: 3-900526-17-6
• Schmidt, J (1988), Aspekte der Betriebswirtschaftlichen Personalplanung (Strategic Personnel Planning), WU Wien, Austria 
• Schmidt, J (1988), La politique des taux de change et la Banque de France (Exchange Rate Policy and the Banque de France), WU Wien, Austria 

Other Outputs

• MarHedge MAPAs: Organiser and analyst of hedge fund performance awards in London and New York: May 2005, St. Regis New York; May 2006, St. Regis New York; September 2006, Claridges London, UK.
• Regular Contributor and Guest Host on financial markets channels (BBC 24, Bloomberg, CNBC, CNN) on the subject of hedge fund performance, regulation and other related issues. Since 2001.
• Trainer in public hedge fund seminars in London and New York since 2004  (seminars with the following topics: Understanding hedge funds; Hedge Fund Strategies; Hedge Fund Risk Management;  Credit Derivatives; Performance and Measurement; Due Diligence). Fintuition, London, UK.
• In-house consultant with major US and European banks (BofA – Merrill Lynch, Bank Austria, HSBC, Austrian Central Bank et al)
• Jury Head Risk - Management Category of portfolio institutional awards 2012-now
• Best for Investment Due Diligence Services - London - Wealth & Finance INTL’s 2015 Finance Awards (October 2015)
• Best Investment Advisory Firm – UK - Acquisition International 2015 Legal Awards (October 2015)
• Winner of the 2014 UK HF Research Firm of the of Year - Investment Opportunities (International HF Awards 2014 - Acquisition International Magazine, Feb 2014)
• Winner of the 2013 Legal Awards: UK Global Hedge Fund Consultants of the Year (International Legal Awards 2013 - Acquisition International Magazine, October 2013)
• HF Research Firm of the of Year - Investment Opportunities (International HF Awards 2013 - Acquisition International Magazine, February 2013)

Conference Papers Given

• 46th EBES Conference in Rome, Italy 10 Jan 2024: "An Analysis of UK Structured Products Performance and Risk of FTSE Kick-Out Products and Their Role in a Wealth Management Portfolio"
• Regent’s University Learning, Teaching, Research and Scholarship Conference: The Interface of Teaching and Research 2013: Lecture: Rabbi Lord Sacks on Economics: An Analysis of economic thoughts and concepts in Rabbi Lord Sacks’s writings and leadership
• 40th EBES Conference in Istanbul, Turkey, July 2022: “Do Female Fund Managers Outperform Their Male Counterparts? A Quantitative Analysis of U.K. Retail Funds” https://ebesweb.org/wp-content/uploads/2022/06/40th-EBES-Conference-Program_v1.pdf (p. 7)
• Global Fintech Summit 2021, 3 Nov 2021, Chairman at Keynote Panel Discussion: The wealth, asset management & private banking leaders’ perspective https://fintech.global/globalwealthtechsummit/agenda
• ETF & Indexing Investments. 11-13 October 2010. Panel debate: Different ETFs = different risks. Marriot Hotel London
• FX Investment World, 14-16 June 2011. Comparing different emerging markets – where is the next big opportunity? Royal Garden Hotel London
• Keynote Lecture (“Impulsvortrag”) and Panel Debate in Vienna, Austria: Eurocrisis (“Eurokrise- rette sich wer kann!”), Austrian Chamber of Commerce, 21 November 2011 (given in German)
• Asset Allocation Summit- ETF & Indexing Investments. 21-23 September 2009. Victoria Park Plaza. London. Panel debate: Exploring active ETFs – can ETFs genuinely be described as alpha? 22 September 2009
• Asset Allocation Summit- ETF & Indexing Investments. 24-27 June 2008. Victoria Park Plaza. London. Panel debate: fundamental weighted indices – a marketing buzzword or the next big think for ETFs? 25 June 2008
• Hedge Funds World Africa 2005. 1-4 November 2005. Cape Town, South Africa
• Hedge Funds World Risk Management 2005. New York 2005
• Lecture at London Business School 29 March 2005: Prof. Elroy Dimson on “Rating of Hedge Funds”
• Current State of the European Hedge Fund Industry and outlook for 2003. Hedge Fund World Conference, Zurich, Switzerland, November 2002.
• Retail Hedge Funds. Lecture at Hedge Fund Conference, Boston, MT, 8 Sep 2001

Dr Schmidt’s teaching is informed by his ongoing academic and industry research, his 30+ year expertise as an investment professional and 20+ years experience as an educator.

He gained his PhD for research on the role of speculators in major market crashes at the University of Graz under the supervision of Professors Stefan Karner, Roland Mestl and Richard Sturn.  

Current and past interest in economic cycles and financial crises (1929, GFC, etc), the valuation of financial and real assets (listed, non listed, derivatives and OTC) and asset management including hedge funds and alternative investments. His recent research has focused on ESG, sustainability and gender (women) in financial markets and Lord Sack’s impact on economics.

His research is quantitative and qualitative. He is a post-Keynesian in the tradition of Hyman Minsky. 

Dr Schmidt is the organiser of the annual Wealth Management Forum (2016-now), the Regent’s University Speaker Series in Wealth Management (2015-now) and the Regent’s University Speaker Series in Entrepreneurial Finance & VC (2010-now). Discover more: https://bit.ly/drschmidtvideos

Dr Schmidt is available as a PhD supervisor.

• Fellow of the Royal Society of Arts (FRSA)
• Approved by the Financial Conduct Authority (FCA) as SMF1 Chief Executive, SMF3 Executive Director, SMF16 Compliance Oversight and SMF17 Money Laundering Reporting Officer (MLRO) of Schmidt Research Partners Limited

Regent's University London: 2002 – current:

• Module Leader: Investment & Wealth Management, Global Banking, Derivatives & Risk Management, Entrepreneurial Finance and Venture Capital
• Graduate courses taught (2002 – 2015) at Regent's American College London (RACL):
  • Advanced Corporate Finance (5880)
  • Derivatives (5870)
  • Entrepreneurial Finance and Venture Capital (5860)
  • Investments (5210)
  • International Finance (5840)

Webster University Vienna Campus: 1999 – 2005 (Adjunct Professor, School of Business and Technology)

• Investments (5210)

University of Graz, Department of International Management: 1999 (Lecturer)

• • Credit Risk