Curriculum Vitae:

Education:

• 2022 CFA Level 1 Candidate
• 2021 - today: Ph.D. Student at the Chair of Finance at the University Duisburg-Essen, Campus Essen
• 2019 - 2021: Business Administration (M.Sc.) at Mercator School of Management (University of Duisburg-Essen)
• 2015 - 2019: Business Administration (B.Sc.) at Mercator School of Management (University of Duisburg-Essen)

Working Experience:

• 2021: Internship in Alternative Investments (Private Equity & Private Debt)
• 2020 - 2021: Student Assistant at the Chair of Monetary Economics and Int. Financial Markets at the University of Duisburg-Essen, Campus Duisburg
• 2020 - 2021: Working Student at HSBC Global Asset Management in Institutional Sales
• 2018 - 2020: Working Student at Private Banking of HSBC Global Private Banking
• 2016: Internship at Postbank AG in the Wealth Management Division

Projects:

Determinants and consequences of mispricing in global equity markets (Fritz Thyssen Stiftung)

Publications:

• Heckmann, Jens; Jacobs, Heiko; Schwarz, Patrick: Synthesizing Information-driven Insider Trade Signals, 2023. Full textCitationAbstractDetails

  

  Abstract

  We propose a simple approach to synthesize presumably information-driven insider trading signals for the cross-section of stocks. We find that the resulting composite strategy can predict returns, predominantly in equal-weighted portfolios, in our global sample. The results indicate that the benefits of our composite strategy reflect a short-term informational advantage of insiders. Finally, cross-country analysis reveals that varying insider trading restrictions between countries have limited explanatory power for the benefits of the composite strategy.

Courses:

• ST 23: Finance Seminar "Textual Analysis in Finance" (Bachelor)
• WT 22/23: Exercise "Investition und Finanzierung" (Bachelor); Finance Seminar "Short Selling" (Bachelor) & "European Mutual Fund Flows" (Master)