Panos Pouliasis

Panos Pouliasis is a Senior Lecturer in Energy/Commodities and Finance at Cass Business School, City, University of London. Panos holds a BSc degree in Accounting and Finance with major in Finance from Athens University of Economics and Business, an MSc degree in Energy, Trade and Finance from Cass Business School, and a PhD degree in Finance from Cass Business School. He joined Cass Business School in 2005 as a researcher, working at The Costas Grammenos International Centre for Shipping, Trade and Finance. Since September 2012, he has been with the Faculty of Finance where he lectures on Finance, International Business and Financial Markets, Quantitative Methods, Commodity Derivatives and Structured Equity/Energy Derivatives. His research interests are in the area of Commodity and Shipping Risk Management, Volatility-Correlation Modelling and Forecasting, Financial Econometrics, Index Tracking and Investor Sentiment in the Shipping Markets. His research has appeared in leading academic journals such as Review of Finance, Energy Economics, Transportation Research, Journal of Banking and Finance, Journal of Futures Markets, Quantitative Finance.

Qualifications

BSc (Athens), MSc (City) and PhD (City).

Administrative Roles

• Co-Director, MSc Energy, Trade and Finance, Cass Business School, City University London, Sep 2017 – present
• Director, BSc Business Studies, Cass Business School, City University London, Aug 2014 – Aug 2016

Visiting Appointments

Visiting Professor, International Hellenic University, Jan 2014 – present

Memberships of Professional Organisations

• Founding Member, Hellenic Academics Association of GB, Feb 2016 – present
• Scientific Committee Member, Euro Working Group for Commodities and Financial Modelling, Aug 2012 – present
• Member, European Financial Management Association (EFMA), May 2011 – May 2013

Languages

Greek, Modern (1453-).

Expertise

Primary Topics

• Commodities
• Shipping, Trade & Finance
• Risk Management
• Financial Econometrics
• RiskFutures & Options
• Asset Pricing
• Quantitative Finance
• Derivatives
• Risk Modelling

Additional Topics

Financial Risk & Risk ManagementPortfolio Choice

Industries/Professions

• commodities
• energy
• oil & gas
• shippingsteel & metals

Research Topics

• Energy Commodities Option Pricing Models
• Commodity Portfolios Portfolio Optimisation / Investment Timing
• Shipping Markets Cycles / Investment Timing

Journal Articles (17)

• Kyriakou, I., Pouliasis, P.K., Papapostolou, N.C. and Andriosopoulos, K. (2017). Freight Derivatives Pricing for Decoupled Mean-Reverting Diffusion and Jumps. Transportation Research Part E: Logistics and Transportation Review, 108, pp. 80–96. doi:10.1016/j.tre.2017.09.002.
• Pouliasis, P.K., Kyriakou, I. and Papapostolou, N.C. (2017). On equity risk prediction and tail spillovers. International Journal of Finance and Economics, 22(4), pp. 379–393. doi:10.1002/ijfe.1594.
• Papapostolou, N.C., Pouliasis, P.K. and Kyriakou, I. (2017). Herd behavior in the drybulk market: an empirical analysis of the decision to invest in new and retire existing fleet capacity. Transportation Research Part E: Logistics and Transportation Review, 104, pp. 36–51. doi:10.1016/j.tre.2017.05.007.
• Kyriakou, I., Pouliasis, P., Papapostolou, N.C. and Nomikos, N.K. (2017). Income Uncertainty and the Decision to Invest in Bulk Shipping. European Financial Management . doi:10.1111/eufm.12132.
• Kyriakou, I., Pouliasis, P.K. and Papapostolou, N.C. (2016). Jumps and stochastic volatility in crude oil prices and advances in average option pricing. Quantitative Finance, 16(12), pp. 1859–1873. doi:10.1080/14697688.2016.1211798.
• Papapostolou, N.C., Pouliasis, P.K., Nomikos, N.K. and Kyriakou, I. (2016). Shipping investor sentiment and international stock return predictability. Transportation Research Part E: Logistics and Transportation Review, 96, pp. 81–94. doi:10.1016/j.tre.2016.10.006.
• Kyriakou, I., Nomikos, N.K., Papapostolou, N.C. and Pouliasis, P.K. (2016). Affine-Structure Models and the Pricing of Energy Commodity Derivatives. European Financial Management, 22(5), pp. 853–881. doi:10.1111/eufm.12071.
• Nomikos, N.K. and Pouliasis, P.K. (2015). Petroleum Term Structure Dynamics and the Role of Regimes. Journal of Futures Markets, 35(2), pp. 163–185. doi:10.1002/fut.21657.
• Papapostolou, N.C., Nomikos, N.K., Pouliasis, P.K. and Kyriakou, I. (2014). Investor sentiment for real assets: The case of dry bulk shipping market. Review of Finance, 18(4), pp. 1507–1539. doi:10.1093/rof/rft037.
• Papapostolou, N.C., Nomikos, N.K., Pouliasis, P.K. and Kyriakou, I. (2013). Sentiment index guides asset play (2013). Lloyd's List .
• Andriosopoulos, K., Doumpos, M., Papapostolou, N.C. and Pouliasis, P.K. (2013). Portfolio optimization and index tracking for the shipping stock and freight markets using evolutionary algorithms. Transportation Research Part E: Logistics and Transportation Review, 52, pp. 16–34. doi:10.1016/j.tre.2012.11.006.
• Nomikos, N.K., Kyriakou, I., Papapostolou, N.C. and Pouliasis, P.K. (2013). Freight options: Price modelling and empirical analysis. Transportation Research Part E: Logistics and Transportation Review, 51(1), pp. 82–94. doi:10.1016/j.tre.2012.12.001.
• Nomikos, N.K., Kyriakou, I., Papapostolou, N.C., Pouliasis, P.K. and Pouliassis, P. (2012). Freight options: price modelling and empirical analysis. SSRN.
• Nomikos, N.K. and Pouliasis, P.K. (2011). Forecasting petroleum futures markets volatility: The role of regimes and market conditions. Energy Economics, 33(2), pp. 321–337. doi:10.1016/j.eneco.2010.11.013.
• Alizadeh, A.H., Nomikos, N.K. and Pouliasis, P.K. (2008). A Markov regime switching approach for hedging energy commodities. Journal of Banking and Finance, 32(9), pp. 1970–1983. doi:10.1016/j.jbankfin.2007.12.020.
• Elyasiani, E., Hasan, I., Kalotychou, E., Staikouras, S.K. and Pouliasis, P. The wealth effect of yield curve changes on the banking firm. .
• Pouliasis, P., Papapostolou, N.C. and Kyriakou, I. Risk prediction and extreme risk spillover in the US shipping sector: Evidence from mixture volatility models. .

Course Directorship

• 2014 - 2016, BSc Business Studies, BSc Business Studies

Editorial Activities (16)

• Maritime Policy & Management, Referee, Oct 2017 – present.
• Annals of Operations Research, Referee, 2016 – present.
• International Review of Economics and Finance, Referee, 2016 – present.
• Journal of Commodity Markets, Referee, 2016 – present.
• Journal of Energy Markets, Referee, 2016 – present.
• Manufacturing and Service Operations Management, Referee, 2015 – present.
• Quantitative Finance, Referee, 2015 – present.
• Transportation Research Part E: Logistics and Transportation Review, Referee, 2015 – present.
• Pacific-Basin Finance Journal, Referee, 2014 – present.
• Computers & Operations Research, Referee, 2014 – present.
• Journal of Futures Markets, Referee, 2014 – present.
• European Journal of Finance, Referee, 2013 – present.
• Journal of Banking and Finance, Referee, 2013 – present.
• International Journal of Financial Engineering and Risk Management, Referee, 2012 – present.
• The Energy Journal, Referee, 2011 – present.
• Energy Economics, Referee, 2009 – present.