fallback portrait photo

Otto Randl

Univ.Prof. Dipl.-Ing.Dr. Otto Randl
Telephone:
+43 1 31336 5076
Email:
Contact information and photo taken from and editable at WU Directory.

CV

2016
University of Calgary, visiting researcher (August)
2015
University of Texas at Austin, visiting scholar (February)
since 2013
WU Vienna University of Economics and Business
2009-2012
Danube University Krems, lecturer Managerial Statistics
2009-2010
Vienna University of Technology, lecturer Business Valuation
2009-2012
WU Vienna University of Economics and Business, lecturer International Financial Management
2009-2012
ZZ Vermögensverwaltung GmbH, Head of Research & Development
2005-2009
Anaxo Financial Services GmbH, Asset Management
2003-2005
Institut für strategische Kapitalmarktforschung GmbH, Managing Director
2002-2003
Civil Service
2000
CSEF - Università degli Studi di Salerno, resident researcher (February)
1998-2002
Dr.rer.soc.oec., University of Vienna
1998-2002
University of Vienna, research assistant, assistant professor
1992-1998
Dipl.-Ing., Vienna University of Technology

Researcher Identifier

    No researcher identifier found.

Awards and Honors

No awards found.

Classifications

  • 5358 Corporate finances (Details)
  • 5361 Financial management (Details)

Expertise

    No expertises found.

Activities

Reviewer for a scientific journal
  2015 The European Journal of Finance
  2015 Risks
  2014 Journal of Banking and Finance
Invitation to Research Seminar
  2018 Free University of Bozen-Bolzano - Invited Presentation
Organisation of Research Seminar
  2013-2016 Vienna Graduate School of Finance (VGSF) - Organisation of the Finance Research Seminar
Reviewer for an international conference
  2017 SGF Conference
  2017 FMA European Conference
  2016 Midwest Finance Association (MFA)
  2015-2017 WU Gutmann Center Symposium
  2015-2016 German Finance Association (DGF)
  2015-2017 European Winter Finance Summit
  2015-2016 European Finance Association (EFA)
  2014-2017 Western Finance Association (WFA)
Organization scientific meeting (Conference etc.)
  2019 Vienna Symposiun on Foreign Exchange Markets - Organizer
  2018 Vienna Symposiun on Foreign Exchange Markets - Organizer
Attendance scientific meeting (Conference etc.)
  2019 European Finance Association (EFA) - Discussant, "The Short Duration Premium", by Andrei Goncalves
  2019 6th IB & Finance Paper Development Workshop - Discussant, "Information asymmetry and underpricing in the global debt market", by Thomas Lindner
  2019 26th Annual Meeting of the German Finance Association (DGF) - Discussant, "Active factor completion strategies", by Hubert Dichtl, Wolfgang Drobetz, Harald Lohre, Carsten Rother
  2018 German Finance Association (DGF) - Discussant
  2018 European Finance Association (EFA) - Discussant, "Crossing a Rubicon into Active Money Management Realities: Performance Measurement when funds follow opaque strategies", by Gurdip Bakshi, John Crosby, Xiaohui Gao
  2011 Endowment Asset Management Programme, University of Cambridge Judge Business School - Participation

Publications

Journal article

2019 Cejnek, Georg, Randl, Otto. 2019. Dividend Risk Premia. Journal of Financial and Quantitative Analysis (JFQA). 1-79. (Details)
2018 Randl, Otto, Zechner, Josef. 2018. Sovereign Reputation and Yield Spreads: A Case Study on Retroactive Legislation. German Economic Review. 19 (3), 260-279. (Details)
2016 Cejnek, Georg, Randl, Otto. 2016. Risk and Return of Short-Duration Equity Investments. Journal of Empirical Finance. 36 181-198. (Details)
2014 Cejnek, Georg, Franz, Richard, Randl, Otto, Stoughton, Neal. 2014. A Survey of University Endowment Management Research. Journal of Investment Management 12 (3): 90-117. (Details)
2013 Randl, Otto. 2013. Hat die Prämienbegünstigte Zukunftsvorsorge den österreichischen Aktienmarkt nachhaltig gestärkt? BankArchiv: Zeitschrift für das gesamte Bank- und Börsenwesen. 61 (9), 619-623. (Details)
2012 Cejnek, Georg, Franz, Richard, Randl, Otto, Stoughton, Neal. 2012. Universitätsendowments Eine Bestandsaufnahme der theoretischen und empirischen Forschung. Journal für Betriebswirtschaft (JfB) 62 (3-4): 225-260. (Details)
2008 Halling, Michael, Pagano, Marco, Randl, Otto, Zechner, Josef. 2008. Where is the market? Evidence from cross-listings. Review of Financial Studies 21, 725-761. (Details)
2006 Lehar, Alfred, Randl, Otto. 2006. Chinese Walls in German Banks. Review of Finance 10 (2): 301-320. (Details)
2004 Halling, Michael, Mosburger, Georg, Randl, Otto. 2004. Die prämienbegünstigte Zukunftsvorsorge: Ein attraktives Investment? Financial Markets and Portfolio Management 18 (4): 399-418. (Details)
2002 Lehar, Alfred, Randl, Otto. 2002. Besonderheiten von Analystenvorhersagen in Universalbanken. ÖBA 5 366-370. (Details)
2001 Pagano, Marco, Randl, Otto, Röell, Ailsa A., Zechner, Josef. 2001. What makes stock exchanges succeed? Evidence from cross-listing decisions. European Economic Review 45 S. 770-782. (Details)

Chapter in edited volume

2015 Dangl, Thomas, Randl, Otto, Zechner, Josef. 2015. Risk Control in Asset Management: Motives and Concepts. In: Innovations in Quantitative Risk Management, Hrsg. Glau, Kathrin, Scherer, Matthias, Zagst, Rudi, 239-266. Cham Heidelberg New York Dordrecht London: Springer. (Details)

Paper presented at an academic conference or symposium

2019 Randl, Otto, Westerkamp, Arne, Zechner, Josef. 2019. Equilibrium policy portfolios when some assets are non-tradable. 26th Annual Meeting of the German Finance Association (DGF), Essen, Deutschland, 27.09.-28.09. (Details)
2017 Cejnek, Georg, Randl, Otto. 2017. Dividend Risk Premia. Annual Meeting of the American Finance Association (AFA), Chicago, Vereinigte Staaten/USA, 06.01.-08.01. (Details)
  Cejnek, Georg, Randl, Otto. 2017. Dividend Risk Premia. SGF Conference 2017, Zürich, Schweiz, 31.03. (Details)
  Cejnek, Georg, Randl, Otto. 2017. Dividend Risk Premia. Annual Meeting of the German Finance Association (DGF), Ulm, Deutschland, 06.10.-07.10. (Details)
2016 Randl, Otto. 2016. Discussion of "Do Pension Plans Strategically Use Regulatory Freedom?" by Michael Kisser, John Kiff, and Mauricio Soto. Austrian Working Group on Banking and Finance, Klagenfurt, Österreich, 25.11.-26.11. (Details)
  Cejnek, Georg, Randl, Otto. 2016. Dividend Risk Premia. Austrian Working Group on Banking and Finance, Klagenfurt, Österreich, 25.11.-26.11. (Details)
2015 Cejnek, Georg, Randl, Otto. 2015. Risk and Return of Short-Duration Equity Investments. Economics Research Seminar, Ljubljana, Slowenien, 20151021. Invited Talk (Details)
  Randl, Otto. 2015. Discussion of "Specialized human capital, unemployment risk, and the value premium" by Stephan Jank. 22nd Annual Meeting of the German Finance Association (DGF), Leipzig, Deutschland, 25.09.-26.09.. (Details)
  Cejnek, Georg, Randl, Otto. 2015. Risk and Return of Short-Duration Equity Investments. 22nd Annual Meeting of the German Finance Association (DGF), Leipzig, Deutschland, 25.09.-26.09. (Details)
  Cejnek, Georg, Randl, Otto. 2015. Risk and Return of Short-Duration Equity Investments. 42nd Annual Meeting of the European Finance Association (EFA), Wien, Österreich, 19.08-22.08. (Details)
  Randl, Otto. 2015. Discussion of "Do Small and Large Shareholders Have a Say on Pay?", by Miriam Schwartz-Ziv and Russ Wermers. Dynamic Corporate Policies and Asset Prices Workshop in Honor of Josef Zechner, Wien, Österreich, 30.06. (Details)
  Randl, Otto. 2015. Discussion of "Owner's Portfolio Diversification and Firm Investment: Evidence from Public and Private Firms", by E. Lyandres, M. Marchica, R. Michaely, and R. Mura. FMA European Conference, Venice, Italien, 11.06.-12.06. (Details)
  Cejnek, Georg, Randl, Otto. 2015. Risk and Return of Short-Duration Equity Investments.. FMA European Conference, Venice, Italien, 11.06.-12.06. (Details)
  Cejnek, Georg, Franz, Richard, Randl, Otto, Stoughton, Neal. 2015. A Survey of University Endowment Management Research. 77th Annual Meeting of the German Academic Association for Business Research (VHB), Wien, Österreich, 27.05.-29.05.. (Details)
  Randl, Otto, Westerkamp, Arne, Zechner, Josef. 2015. Policy Portfolios When Some Assets are Non-Tradeable. 77th Annual Meeting of the German Academic Association for Business Research (VHB), Wien, Österreich, 27.05.-29.05.. (Details)
  Cejnek, Georg, Randl, Otto. 2015. Risk and Return of Short-Duration Equity Investments. 77th Annual Meeting of the German Academic Association for Business Research (VHB), Wien, Österreich, 27.05.-29.05.. (Details)
2014 Randl, Otto, Westerkamp, Arne, Zechner, Josef. 2014. Policy Portfolios When Some Assets are Non-Tradeable. Austrian Working Group on Banking and Finance, Wien, Österreich, 21.11.-22.11. (Details)
  Randl, Otto. 2014. Discussion of "The Role of Major Data Providers in Disseminating Information in Financial Markets" by Nic Schaub. EFA 2014 Doctoral Tutorial, Lugano, Schweiz, 27.08. (Details)
  Dockner, Engelbert, Halling, Petra, Randl, Otto. 2014. Fund Promotion and Individual Investors' Fund Flows. European Finance Association 41st Annual Meeting, Lugano, Schweiz, 29.08. (Details)
  Randl, Otto. 2014. Discussion of "Regional Economic Activity and Stock Returns" by Esad Smajlbegovic. WFA 2014, Monterey, Vereinigte Staaten/USA, 16.06. (Details)
  Randl, Otto. 2014. Discussion of "The Cross-Listing Decision and the Home Bias in International Equity Investments" by Olga Dodd and Bart Frijns. 2014 FMA European Conference, Maastricht, Niederlande, 13.06. (Details)
  Dockner, Engelbert, Halling, Petra, Randl, Otto. 2014. Fund Promotion and Individual Investors' Fund Flows. 2014 FMA European Conference, Maastricht, Niederlande, 13.06. (Details)
  Cejnek, Georg, Randl, Otto. 2014. Risk and Return of Short-Duration Equity Investments. French Finance Association Conference (AFFI), Aix en Provence, Frankreich, 20.05-21.05. (Details)
  Cejnek, Georg, Randl, Otto. 2014. Risk and Return of Short Duration Equity Investments. Frontiers of Finance, Warwick Business School, Großbritannien, 25.04. (Details)
2013 Dockner, Engelbert, Halling, Petra, Randl, Otto. 2013. Promotion and Individual Investors' Fund Flows. Austrian Working Group on Banking and Finance, Wien, Österreich, 22.11.-23.11. (Details)
  Dockner, Engelbert, Halling, Petra, Randl, Otto. 2013. Promotion and Individual Investors' Fund Flows. Universität Wien Brown Bag Seminar, Wien, Österreich, 16.10. (Details)
  Randl, Otto. 2013. Discussion of "Downside market risk of carry trades" by V. Dobrynskaya. European Financial Management Association annual meetings, Reading, Großbritannien, 28.06. (Details)
  Cejnek, Georg, Randl, Otto. 2013. Implications of Index Construction Methodologies for Price and Dividend Indices. European Financial Management Association annual meetings, Reading, Großbritannien, 27.06.. (Details)
2012 Cejnek, Georg, Randl, Otto. 2012. Price and Dividend Implications of Index Composition Changes. Austrian Working Group on Banking and Finance, Innsbruck, Österreich, 23.11.-24.11. (Details)
2007 Randl, Otto. 2007. Discussion of "Understanding Common Factors in Domestic and International Bond Spreads". Gutmann Center Symposium on Credit Risk and the Management of Fixed Income Portfolios, Wien, Österreich, 01.06. (Details)
2004 Randl, Otto. 2004. Discussion of "Flows, Performance, and Managerial Incentives in Hedge Funds". Gutmann Center Symposium on Hedge Funds, Wien, Österreich, 29.11. (Details)
  Randl, Otto. 2004. Discussion of "Managerial Incentives and Risk-Taking". BSI Gamma Corporate Governance Conference, Wien, Österreich, 11.11.. (Details)
  Halling, Michael, Pagano, Marco, Randl, Otto, Zechner, Josef. 2004. Where is the market? Evidence from cross-listings. Workshop Economic Geography and European Finance, Oxford, Großbritannien, 16.09.-19.09. (Details)
2001 Lehar, Alfred, Randl, Otto. 2001. Chinese Walls in German Banks. CCEFM Workshop, Wien, Österreich, 19.10. (Details)
  Lehar, Alfred, Randl, Otto. 2001. Chinese Walls in German Banks. Northern Finance Association Annual Meetings, Halifax, Kanada, 28.09.-30.09. (Details)
2000 Randl, Otto. 2000. What Makes Stock Exchanges Succeed? Evidence from Cross-Listing Decisions. 14. Workshop der Austrian Working Group on Banking and Finance, Innsbruck, Österreich, 01.12.-02.12.. (Details)

Poster presented at an academic conference or symposium

2018 Monti, Alice, Pattitoni, Pierpaolo, Petracci, Barbara, Randl, Otto. 2018. Does Corporate Social Responsibility Impact Risk? German Finance Association (DGF), Trier, Deutschland, 21.09-22.09. (Details)

Working/discussion paper, preprint

2018 Monti, Alice, Pattitoni, Pierpaolo, Petracci, Barbara, Randl, Otto. 2018. Does Corporate Social Responsibility Impact Risk? (Details)
2016 Cejnek, Georg, Randl, Otto. 2016. Dividend Risk Premia. (Details)
2014 Randl, Otto, Westerkamp, Arne, Zechner, Josef. 2014. Policy Portfolios When Some Assets are Non-Tradeable. (Details)
  Cejnek, Georg, Randl, Otto. 2014. Risk and Return of Short Duration Equity Investments. (Details)
2013 Randl, Otto. 2013. Hat die Prämienbegünstigte Zukunftsvorsorge den österreichischen Aktienmarkt nachhaltig gestärkt? (Details)
  Cejnek, Georg, Franz, Richard, Randl, Otto, Stoughton, Neal. 2013. A Survey of University Endowment Management Research. WU Working Paper. (Details)
  Dockner, Engelbert, Halling, Petra, Randl, Otto. 2013. Fund Promotion and Individual Investor Fund Flows. WU Working Paper. (Details)
  Cejnek, Georg, Randl, Otto. 2013. Implications of Index Construction Methodologies for Price and Dividend Indices. WU Working Paper. (Details)
2006 Dangl, Thomas, Halling, Michael, Randl, Otto. 2006. Equity Return Prediction: Are Coefficients Time-Varying? Working Paper. (Details)
2005 Halling, Michael, Popa, Cristian, Randl, Otto. 2005. Stochastic Optimization, Tree Structures and Portfolio Choice. Working Paper. (Details)
2002 Randl, Otto. 2002. Visibility Effects of Equity Cross-listings. Working Paper. (Details)

Research report, expert opinion

2005 Halling, Michael, Randl, Otto. 2005. Die prämienbegünstigte Zukunftsvorsorge: Ein attraktives Investment? Wien: Abschlussbericht OeNB Projekt 10621. (Details)

Habilitation

2017 Randl, Otto. 2017. Risk Premia and Information Processing in Financial Markets. Habilitationsschrift, WU Vienna University of Economics and Business. (Details)

Magazine/newspaper article

2018 Randl, Otto. 2018. Asymmetrische Renditeprofile und Fundamentaldaten. Kapitalstock-Produktivität in Zins-, Wirtschafts- und FX-Zyklen steuern. 14. Kapitalmarktgespräche. 20.07.18 (Details)
2017 Randl, Otto. 2017. Endowment Management und Dynamik der Risikoprämien. Festschrift 20 Jahre ZZ Vermögensverwaltung, 09.11.17 (Details)
2001 Lehar, Alfred, Randl, Otto. 2001. "Chinese Walls" in deutschen Banken. Gutmann Journal 1, 13-15 (Details)

Unpublished lecture

2019 Randl, Otto. 2019. Informationsverarbeitung auf Währungsmärkten. 15. Kapitalmarktgespräche, Wien, 31.05.19 (Details)
2018 Randl, Otto. 2018. Asymmetrische Renditeprofile und Fundamentaldaten. Palais Coburg Finanzmarktsymposium, Wien, 16.11.18 (Details)
  Randl, Otto. 2018. Asymmetrische Renditeprofile und Fundamentaldaten. 14. Palais Coburg Kapitalmarktgespräche, Wien, 01.06.18 (Details)
  Randl, Otto. 2018. Auswirkungen von Zugangsbeschränkungen auf Risikoprämien und Asset Allocation. Portfolio Management Programm Abschlussfeier 2018, Wien, 30.05.18 (Details)
2017 Randl, Otto. 2017. Dividend Risk Premia. Habilitationsvortrag und Habilitationskolloquium, Vienna, 21.11.17 (Details)
  Randl, Otto. 2017. Trends in der FX-Forschung. 12. Palais Coburg Finanzsymposium, Wien, 09.11.17 (Details)
  Randl, Otto. 2017. Discussion of The Missing Risk Premium In Exchange Rates by Magnus Dahlquist and Julien Penasse. WINNER Best Paper Award Ceremony, Vienna, 08.11.17 (Details)
  Randl, Otto. 2017. Dynamische Strategien zur Risikobegrenzung: Chancen und Risiken. Abschlussfeier des 13. Jahrgangs des Portfoliomanagement Programms, Wien, 24.05.17 (Details)
  Cejnek, Georg, Randl, Otto. 2017. Dividend Risk Premia. University of Bologna Finance Research Seminar, Bologna, 09.05.17 (Details)
2016 Cejnek, Georg, Randl, Otto. 2016. Dividend Risk Premia. Humboldt-Universität zu Berlin Finance Brown Bag Seminar, Berlin, 24.10.16 (Details)
  Randl, Otto, Zechner, Josef. 2016. Sovereign Reputation and Yield Spreads: A Case Study on Retroactive Legislation. University of the Sinos Valley PhD student seminar, Webconference, 19.09.16 (Details)
  Cejnek, Georg, Randl, Otto. 2016. Dividend Risk Premia. University of Calgary Finance Brown Bag Seminar, Calgary, 10.08.16 (Details)
  Randl, Otto. 2016. Policy Portfolios When Some Assets are Non-Tradeable. Advanced Topics Seminar, Wien, 11.03.16 (Details)
2015 Randl, Otto. 2015. Foreign exchange derivatives and management of currency risk. International finance lectures at the University of Ljubljana (CEEPUS program). Ljubjljana, 22.10. (Details)
  Randl, Otto, Westerkamp, Arne, Zechner, Josef. 2015. Policy Portfolios When Some Assets are Non-Tradeable. Advanced Topics Seminar, BFI Wien, 24.03. (Details)
  Dockner, Engelbert, Halling, Petra, Randl, Otto. 2015. Fund Promotion and Individual Investors' Fund Flows.. UT Austin McCombs School of Business Brown Bag Seminar, Austin, USA, 17.02. (Details)
2014 Cejnek, Georg, Randl, Otto. 2014. Foreign Exchange Strategies in Asset Management. Advanced Topics Seminar, BFI, 14.03. (Details)
2013 Cejnek, Georg, Randl, Otto. 2013. The Market for Dividends. Advanced Topics Seminar, BFI Wien, 21.03. (Details)
  Cejnek, Georg, Randl, Otto. 2013. Foreign Exchange Strategies in Asset Management. Advanced Topics Seminar, BFI Wien, 15.03. (Details)
2012 Randl, Otto. 2012. Währungen ohne Werterhalt - Konsequenzen negativer Realzinsen. 8. Kapitalmarktgespräche, Palais Coburg, Wien, 18.05. (Details)
  Cejnek, Georg, Randl, Otto. 2012. Endowment Asset Management. Portfolio Management Programm der Universität Zürich, Vitznau, Schweiz, 17.04. (Details)
  Randl, Otto. 2012. Foreign Exchange. Advanced Topics Seminar, BFI Wien, 29.03. (Details)
2011 Kucera, Juraj, Randl, Otto. 2011. Währungsdynamik: Fundamentaldaten oder Marktpsychologie? Palais Coburg Finanzsymposium, Wien, 10.11. (Details)
  Randl, Otto. 2011. Das Endowment Management Programm. 7. Kapitalmarktgespräche, Palais Coburg, Wien, 03.06. (Details)
  Randl, Otto. 2011. Währungsdynamik: Fundamentaldaten oder Marktpsychologie? 7. Kapitalmarktgespräche, Palais Coburg, Wien, 03.06. (Details)
  Randl, Otto. 2011. Foreign Exchange. Advanced Topics Seminar, BFI Wien, 15.04. (Details)
2010 Randl, Otto. 2010. Währungen als Spiegelbild des weltweiten Wirtschaftsgefüges. 6. Kapitalmarktgespräche, Palais Coburg, Wien, 13.05. (Details)
2009 Randl, Otto. 2009. Theorie der Börsenspekulation. 5. Kapitalmarktgespräche, Palais Coburg, Wien, 21.05. (Details)
2004 Randl, Otto. 2004. Dynamische Portfoliooptimierung. Bank Austria Creditanstalt Investors Circle, Wien, 24.11. (Details)

Miscellaneous

2002 Rauh, Wolfgang, Stögner, Robert, Grubits, Christian, Mailer, Markus, Matiasek, Florian, Randl, Otto. 2002. Die verkehrssichere Gemeinde - Benchmarks und Maßnahmen. Wissenschaft und Verkehr 3/2002. (Details)

Projects

2017
Portfolio Management Program (2017-2018) (Details)
2014
Policy Portfolios (2014-2015) (Details)
2013
Promotion and Individual Investor Fund Flows (2013-2014) (Details)
2000
International equity listings and stock exchange competition (2000-2002) (Details)