Dr Konstantina Kappou

Associate Professor of Finance

Programme Director, MSc Financial Risk Management
Regional Director, UK, London Chapter, Global Association of Risk Professionals (GARP)

Nadia Kappou

Specialisms

  • Exchange Traded Funds, 
  • Equity Derivatives, 
  • Commodity Derivatives

Location

ICMA Centre, Whiteknights Campus

Nadia is an Associate Professor of Finance at the ICMA Centre and the Programme Director of MSc Financial Risk Management. She has also been the Regional Director of the UK Chapter of GARP (Global Association of Risk Professionals) for five years, and is currently a member of GARP's London Chapter Committee. Before joining the academic sector, she worked within the financial markets for over seven years.

Nadia worked as an equity derivatives flow trader for Credit Suisse in New York and London, where she covered the financial sector of all main European option markets as well as the desk’s equity correlation and dispersion exposure. During the commodity boom, she joined the Energy Derivatives Sales & Trading Desk of Credit Suisse-Glencore Alliance, covering major hedge fund accounts on energy derivative products. Following her career in banking, she led projects in the shipping industry and worked as a sessional lecturer, teaching equity, commodity and shipping derivatives to City executives and masters students.

Nadia holds a PhD in Finance and an MSc in International Securities Investment & Banking from the ICMA Centre – University of Reading, and a BSc in Banking & Financial Management from the University of Piraeus, Greece. She is a Fellow of the Higher Education Academy (HEA) and her research interests focus on index re-balancing strategies, ETFs, as well as commodity and shipping derivatives. Her research has been published in various academic journals including the Journal of Banking and Finance, Journal of Business Ethics, Transportation Research Part E and International Review of Financial Analysis, amongst others.

Reference: Kappou, K. (2018) The diminished effect of index rebalances. Journal of Asset Management, 19 (4). pp. 235-244. ISSN 1470-8272 doi: https://doi.org/10.1057/s41260-018-0077-8
Reference: Brooks, C. , Balatti, M. and Kappou, K. (2017) Fundamental indexation revisited: new evidence on alpha. International Review of Financial Analysis, 51. pp. 1-15. ISSN 1057-5219 doi: https://doi.org/10.1016/j.irfa.2017.02.010
Reference: Kappou, K. and Oikonomou, I. (2016) Is there a gold social seal? The financial effects of additions to and deletions from social stock indices. Journal of Business Ethics, 133 (3). pp. 533-552. ISSN 1573-0697 doi: https://doi.org/10.1007/s10551-014-2409-z
Reference: Alizadeh, A. H., Kappou, K. , Tsouknidis, D. and Visvikis, I. (2015) Liquidity effects and FFA returns in the international shipping derivatives market. Transportation Research Part E: Logistics and Transportation Review, 76. pp. 58-75. ISSN 1366-5545 doi: https://doi.org/10.1016/j.tre.2015.02.001
Reference: Brooks, C. , Kappou, K. , Stevenson, S. and Ward, C. (2013) The performance effects of composition changes on sector specific stock indices: The case of European listed real estate. International Review of Financial Analysis, 29. pp. 132-142. ISSN 1057-5219 doi: https://doi.org/10.1016/j.irfa.2013.04.002
Reference: Kappou, K. , Brooks, C. and Ward, C. (2010) The S&P500 index effect reconsidered: evidence from overnight and intraday stock price performance and volume. Journal of Banking & Finance, 34 (1). pp. 116-126. ISSN 0378-4266 doi: https://doi.org/10.1016/j.jbankfin.2009.07.008
Reference: Kappou, K. , Brooks, C. and Ward, C. (2008) A re-examination of the index effect: gambling on additions to and deletions from the S&P 500's ‘gold seal’. Research in International Business and Finance, 22 (3). pp. 325-350. ISSN 0275-5319 doi: https://doi.org/10.1016/j.ribaf.2007.12.001

Financial Instruments

Having established the theoretical basis for security valuation in Part I, this module extends students’ understanding to the valuation of financial instruments and their applications. The module has a significant...

Module code: ICM231

Commodity Derivatives

This module aims to provide students with a detailed knowledge of the commodity derivatives markets. It examines the aspects of pricing and trading physical derivatives, with emphasis on the energy...

Module code: ICM265

Securities, Futures and Options

This module provides an overview of the key building blocks in modern finance theory and introduces techniques for analysing and valuing different classes of risky assets such as equities and...

Module code: ICM107

Past Events

6th February 2019 etc.venues Monument 8 Eastcheap, London EC3M 1AE
19th October 2016 BBA, 105-108 Old Broad Street, London, EC2N 1EX
28th April 2016 Pinners Hall, 105-108 Old Broad Street, London EC2N 1EX

Lean In

4th June 2015 60 Threadneedle St, London EC2R 8HP

GARP London Chapter: "Fast Aggressive Trading"

6th May 2015 Pinners Hall, 105-108 Old Broad Street, London EC2N 1EX

The power of profile - with Vanessa Vallely

28th April 2015 London Business School, Sussex Place, NW1 4SA
17th June 2016 ICMA Centre, Henley Business School, University of Reading, Whiteknights, Reading, RG6 6BA

Alizadeh, A., Kappou, K., Tsouknidis, D. and Visvikis, I. (2015) Liquidity Effects and FFA Returns in the International Shipping Derivatives Market, Transportation Research Part E: Logistics and Transportation Review, 76, p. 58-75. doi: 10.1016/j.tre.2015.02.001

Kappou, K. and Oikonomou, I. (2014) Is There a Gold Social Seal? The Financial Effects of Additions to and Deletions from Social Stock Indices, Journal of Business Ethics, forthcoming. doi: 10.1007/s10551-014-2409-z

Brooks, C., Kappou, K. , Stevenson, S.andWard, C.(2013)The performance effects of composition changes on sector specific stock indices: The case of European listed real estate.International Review of Financial Analysis, 29. pp. 132-142. ISSN 1057-5219 doi:10.1016/j.irfa.2013.04.002

Brooks, C., Kappou, K. , Stevenson, S. andWard, C.(2012). The Index Effect. IP Real Estate Magazine, Global Market Intelligence for Institutional Real Estate Investment, September-October Issue, p. 49-50

Kappou, K., Brooks, C. and Ward, C. (2010) The S&P500 index effect reconsidered: evidence from overnight and intraday stock price performance and volume. Journal of Banking & Finance, 34 (1). pp. 116-126. ISSN 0378-4266 doi:10.1016/j.jbankfin.2009.07.008

Kappou, K., Brooks, C. and Ward, C. (2008) A re-examination of the index effect: gambling on additions to and deletions from the S&P 500's ‘gold seal’. Research in International Business and Finance, 22 (3). pp. 325-350. ISSN 0275-5319 doi:10.1016/j.ribaf.2007.12.001

Press

Kappou, K., Brooks, C. and Ward, C. (2011) Fair Exchanges? Investor Relations Magazine, 29 June 2011

Kappou, K., Risk Management Careers, Business Because, 29 March 2015