1344209
Professor Anup Basu
Faculty of Business & Law,
School of Economics & Finance
Biography
- Anup Basu is a professor of finance and behavioural/experimental economics at QUT's School of Economics and Finance and the founder of QUT Student Managed Investment Fund (SMIF). He is a visiting faculty fellow at MIT Sloan School of Management. Anup is also a Fellow of Higher Education Academy, UK and Financial Services Institute of Australia (FINSIA). Anup’s research has been published in internationally reputed journals and has made significant impact on public policy and industry practice. His work on target date funds has been presented in the joint hearing of the United States Government Department of Labor and the Securities & Exchange Commission (SEC), cited by the World Bank, IMF policy research report on pension plans, OECD Working Party on Private Pensions, the US Government Accountability Office, the US Senate Hearing before the Special Committee on Aging, and the Australian Government's Review of the Governance, Efficiency, Structure and Operations of the Australian Superannuation System. The policy impact of his research has received the highest rating in the Australian Research Council's Excellence of Research in Australia (ERA) . He has received multiple research grants from government, industry and not-for profit organisations including the Australian Research Council (ARC), Australian Securities and Investments Commission (ASIC), Chicago Board of Options (Cboe), SpiderRock Advisors, Government of India's Department of Science and Technology (SPARC grant), Dementia Australia, and Ecstra Foundation. His research findings have been covered by national/international media including the Financial Times UK, Pensions & Investments, Australian Financial Review, The Australian, The Age and numerous other media outlets. In 2024, he received citation from Australian Award for University Teaching. Prior to joining academia, Anup served in management positions with large banking and financial services organisations in India and USA for more than eight years. He has also been a consultant to large investment managers like QIC. He is currently QUT's Academic Staff Representative at UniSuper's Consultative Committee.
- Investment strategies and performance evaluation
- Pension Finance
- Psychology and financial decision-making (Role of cognition, emotion, and trust)
- Economic experiments (Regulations, disclosures, behavioural biases)
- Neuroeconomics (Ageing)
Personal details
Positions
- Professor
Faculty of Business & Law,
School of Economics & Finance
Keywords
Superannuation Pension Retirement Security Investments Investor Behaviour, Portfolio Management Fund Management Asset Allocation Risk Management Performance Evaluation, Behavioural Economics Behavioural Finance Experimental Economics Experimental Finance, Ageing Financial Decision Making Neurofinance, Finance Financial Markets, Data Analysis
Research field
Banking, finance and investment
Field of Research code, Australian and New Zealand Standard Research Classification (ANZSRC), 2020
Qualifications
- Doctor of Philosophy (Queensland University of Technology)
- Master of Business Administration (Queensland University of Technology)
Teaching
Teaching
- Student Managed Investment Fund 1
- Student Managed Investment Fund 2
- Security Analysis and Portfolio Management
- Behavioural Finance
- Data Analysis and Decision Making
Publications
- Hohn, S., Basu, A., Dulleck, U., Henry, J. & Cherbuin, N. (2024). Loosening The Grip: Delegation of Financial Decision-Making to Spouse in Old Age. Gender and Society, 38(2), 244–275. https://eprints.qut.edu.au/249134
- Wang, R., Basu, A. & Clements, A. (2023). Are credit default swaps still a sideshow? How information flow between equity and CDS markets has changed since the financial crisis. Global Finance Journal, 57. https://eprints.qut.edu.au/245323
- Coundouris, S., Hohn, S., Basu, A., Dulleck, U., Henry, J. & Cherbuin, N. (2023). Cognition and Financial Decision-Making in Older Adult Spouses. Gerontology. https://eprints.qut.edu.au/245248
- Basu, A. & Dulleck, U. (2020). Why do (some) consumers purchase complex financial products? An experimental study on investment in hybrid securities. Economic Analysis and Policy, 67, 203–220. https://eprints.qut.edu.au/202829
- Basu, A. & Wiafe, O. (2017). Impact of persistent bad returns and volatility on retirement outcomes. Finance Research Letters, 21, 201–205. https://eprints.qut.edu.au/103862
- Basu, A. & Huang-Jones, J. (2015). The performance of diversified emerging market equity funds. Journal of International Financial Markets, Institutions and Money, 35, 116–131. https://eprints.qut.edu.au/82173
- Basu, A. & Drew, M. (2015). The value of tail risk hedging in defined contribution plans: what does history tell us. Journal of Pension Economics and Finance, 14(03), 240–265. https://eprints.qut.edu.au/78127
- Forbes, B. & Basu, A. (2014). Does fundamental indexation lead to better risk adjusted returns? New evidence from Australian Securities Exchange. Accounting and Finance, 54(3), 699–728. https://eprints.qut.edu.au/57577
- Basu, A., Byrne, A. & Drew, M. (2011). Dynamic lifecycle strategies for target date retirement funds. Journal of Portfolio Management, 37(2), 83–96. https://eprints.qut.edu.au/57575
- Basu, A. & Drew, M. (2009). Portfolio Size Effect in Retirement Accounts: What Does It Imply for Lifecycle Asset Allocation Funds? Journal of Portfolio Management, 35(3), 61–72. https://eprints.qut.edu.au/32502
QUT ePrints
For more publications by Anup, explore their research in QUT ePrints (our digital repository).
Awards
- Type
- Academic Honours, Prestigious Awards or Prizes
- Reference year
- 2024
- Details
- Winner, Chicago Board of Options (Cboe) Options Institute SpiderRock Advisors Derivatives Solutions Research Grant
- Type
- Academic Honours, Prestigious Awards or Prizes
- Reference year
- 2023
- Details
- Australian Award for University Teaching (AAUT) citation for outstanding contribution to student learning
- Type
- Academic Honours, Prestigious Awards or Prizes
- Reference year
- 2022
- Details
- Australian Financial Review Award for Higher Education: Finalist (Employability category)
- Type
- Fellowship of a Learned Academy or Membership of AIATSIS
- Reference year
- 2020
- Details
- Fellow, Higher Education Academy UK
- Type
- Academic Honours, Prestigious Awards or Prizes
- Reference year
- 2019
- Details
- Vice Chancellor's Award for Excellence
Selected research projects
- Title
- Financial Decision Making in Late Adulthood
- Primary fund type
- CAT 1 - Australian Competitive Grant
- Project ID
- LP150100264
- Start year
- 2016
- Keywords
Projects listed above are funded by Australian Competitive Grants. Projects funded from other sources are not listed due to confidentiality agreements.
Supervision
Current supervisions
- Institutional Investor and Hedge Fund Activism: Changing Nature of Shareholder Activism
PhD, Principal Supervisor
Other supervisors: Professor Adam Clements - Essays on Mutual Fund Investor Biases
PhD, Principal Supervisor
Other supervisors: Adjunct Professor Uwe Dulleck - A Systematic Review of Investor Sentiment Indices and Their Predictive Power
MPhil, Principal Supervisor
Other supervisors: Dr Jerry Ho
Completed supervisions (Doctorate)
Completed supervisions (Masters by Research)
The supervisions listed above are only a selection.