Dirk Nitzsche

Dr. Dirk Nitzsche is an Associate Professor in Finance at Bayes Business School, part of City, University of London. He serves as Course Director for the Quants Masters Programmes and Associate Dean for International Relations. His academic career spans over 25 years, including roles at Imperial College London and Newcastle University. He holds a BA and PhD from the University of Newcastle.

Dr. Nitzsche's research focuses on asset pricing, mutual fund performance, and financial markets, with a particular emphasis on European markets. He has authored/co-authored five textbooks, including Derivatives: Theory and Practice and Quantitative Financial Economics. His work examines performance persistence of mutual funds, particularly in the UK and Germany, using advanced statistical methods like bootstrapping and False Discovery Rate analysis.

His recent studies highlight persistent skill-driven performance in small portfolios of top-performing UK mutual funds. He has also explored market timing, fund manager skill vs. luck, and carbon portfolio management. His research has attracted media attention and influenced policy discussions on fund transparency and competition.

Dr. Nitzsche has supervised students like Pari Thirnchai and contributed to editorial roles at the European Journal of Finance. His work bridges academic rigor and practitioner relevance, addressing both theoretical and applied challenges in finance.