prof.dr.

(Guido) G Baltussen

Profile

Guido Baltussen is Professor in Finance (Chair: Behavioral Finance and Financial Markets) and a full Tinbergen and ERIM (high performance) fellow. In addition, he works at Robeco Asset Management as (Co-)Head of Quant Allocation, managing several quantitative investment strategies. Before he obtained his PhD in Finance at the Erasmus University Rotterdam, and was visiting at Stern School of Business of New York University, New York, USA. His expertise is Behavioral Finance, Factor-based Investing and Behavioral Finance Investing, with research focusing on the boundaries of Behavioral Finance and Asset Pricing, Investments, Portfolio Construction and Individual Investor Decision Making. Guido has published several articles in the leading economic and finance journals (e.g. American Economic Review, Journal of Financial Economics, Management Science, Journal of Financial and Quantitative Analysis, Review of Economics and Statistics) and his research is covered in various media such as the Wall Street Journal, America Today, Bloomberg News, MoneyWeek, and more.

• All publications (19)

  • Article (18)

    • Scholarly Publication (15)

      • G. Baltussen, L.A.P. Swinkels & W.N. van Vliet (2021). Global Factor Premiums. Journal of Financial Economics.
      • G. Baltussen, Z. Da, S. Lammers & M.P.E. Martens (2020). Hedging Demand and Market Intraday Momentum. Journal of Financial Economics.
      • G. Baltussen, D. Blitz & P. Van Vliet (2020). The Volatility Effect Revisited. The Journal of Portfolio Management, 46 (2), 45. doi: 10.3905/jpm.2019.1.114
      • G. Baltussen, D. Blitz & P. Van Vliet (2020). When Equity Factors Drop Their Shorts. Financial Analysts Journal, 76 (4), 73. doi: 10.1080/0015198X.2020.1779560
      • G. Baltussen, S. van Bekkum & Z. Da (2019). Indexing and Stock Market Serial Dependence Around the World. Journal of Financial Economics, 132 (1), 26-48. doi: 10.1016/j.jfineco.2018.07.016
      • S. van Bekkum, G. Baltussen & B. van der Grient (2018). Unknown Unknowns: Uncertainty About Risk and Stock Returns. Journal of Financial and Quantitative Analysis, 53 (4), 1-37. doi: 10.1017/S0022109018000480
      • G. Baltussen, S. Beckers, J.J. Hazenberg & W. van der Scheer (2017). Actief fondsbeheer. VBA Journaal, 33 (131), 9-17.
      • G. Baltussen, M.J. van den Assem & D. van Dolder (2016). Risky Choice in the Limelight. The Review of Economics and Statistics, 98 (2), 318-332. doi: 10.2139/ssrn.2057134
      • K.A. Hytonen, G. Baltussen, M.J. van den Assem, V.A. Klucharev, A.G. Sanfey & A. Smidts (2014). Path Dependence in Risky Choice: Affective and Deliberative Processes in Brain and Behavior. Journal of Economic Behavior and Organization, 107 (11), 566-581. doi: 10.1016/j.jebo.2014.01.016
      • G. Baltussen, B. Van Der Grient, W. De Groot, W. Zhou & E. Hennink (2012). Exploiting option information in the equity market. Financial Analysts Journal, 68 (4), 56-72. doi: 10.2469/faj.v68.n4.1
      • G. Baltussen, G.T. Post, M.J. van den Assem & P.P. Wakker (2012). Random Incentive Systems in a Dynamic Choice Experiment. Experimental Economics, 15 (3), 418-443. doi: 10.1007/s10683-011-9306-4
      • G. Baltussen, G.T. Post & P. Van Vliet (2012). Downside Risk Aversion, Fixed-Income Exposure, and the Value Premium Puzzle. Journal of Banking and Finance, 36 (12), 3382-3398. doi: 10.1016/j.jbankfin.2012.07.020
      • G. Baltussen & G.T. Post (2011). Irrational diversification. Journal of Financial and Quantitative Analysis, 46 (5), 1463-1491. doi: 10.1017/S002210901100041X
      • G.T. Post, M.J. van den Assem, G. Baltussen & R.H. Thaler (2008). Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show. The American Economic Review, 98 (1), 38-71. doi: 10.1257/aer.98.1.38
      • G. Baltussen, G.T. Post & W.N. van Vliet (2006). Violations of Cumulative Prospect Theory in Mixed Gambles with Moderate Probabilities. Management Science, 52 (8), 1288-1290. doi: 10.1287/mnsc.1050.0544

    • Professional Publication (3)

      • G. Baltussen, J.J. Hazenberg & W. van der Scheer (2016). Resultaten uit het verleden...De extrapolatiebias van fondsbeleggers. VBA Journaal, 32 (125), 38-43.
      • G. Baltussen & W. Van dommelen (2016). Factorpremies zitten overal! VBA Journaal, 32 (127), 25-31.
      • M.J. van den Assem, G. Baltussen & G.T. Post (2007). De ene euro is de andere niet. Economisch-Statistische Berichten, 92 (4514), 427-428.

  • Doctoral thesis (1)

    • G. Baltussen (2008, december 4). New Insights into Behavioral Finance. EUR ( Thela Thesis) Prom./coprom.: prof.dr. J. Spronk.

• Ancillary activities (1)

  Robeco Asset Management

  Start date approval

  Apr/2019

  End date approval

  Apr/2022

  Place

  ROTTERDAM

  Description

  Director

• Teaching (1)

  Seminar Behavioural Investing

  Title

  Seminar Behavioural Investing

  Year

  2020

  Year level

  master

• Present position

  Full Professor

  University

  Erasmus University Rotterdam

  School

  Erasmus School of Economics

  Department

  Business Economics

  Country

  The Netherlands

• Other positions (1)

  Robeco

  Additional Information

  Heading a team that develops factor-based solutions for clients, applying investment insights from academia in practice.

  Role

  Co-Head of Quant Allocation

  Obtained Wage

  yes

  Start date approval

  Jun/2018