Huw van Steenis

Huw van Steenis (born 25 September 1969) is a British research analyst and the Head of European Banks Research at investment bank Morgan Stanley. Notable for his bearish forecasts prior to the global financial crisis and Eurozone crisis, and views on the reshaping of the investment industry.

Education

Van Steenis studied at Trinity College, Oxford where he obtained an MA in Politics, Philosophy and Economics. In 1994 he went to INSEAD Business School where he obtained an MBA. (List of INSEAD alumni).[1]

Career

Van Steenis is a widely recognized thought leader on financial services. Van Steenis is a member of the World Economic Forum’s Global Agenda Council on Banking.[2] His work is credited with influencing several UK policy initiatives,[3] including the UK housing scheme Help to Buy[4] with his colleague Charles Goodhart[5][6]

Asset Management Barbell In 2004 he coined the term the “Asset Management Barbell”,[7][8][9] “which predicted the predicted the bulk of assets would be invested in low-cost passive or index-hugging products such as ETFs, with a small but significant amount in high margin"[10] and “high alpha products, with intensifying pressure on the middle ground of more conventional asset management”[11][12][13]

Balkanisation of Banking Markets In 2012, he coined the term Balkanisation of Banking Markets[14] to describe the breakdown in cross-border banking lending as regulators look to put up barriers to protect domestic markets and the policy challenge to rebuild a single market in lending within the Eurozone.[15][16][17]

Awards and Recognition

In 2009, van Steenis was named 'European Banker of the Quarter' for Q1 2009 by The Wall Street Journal's Financial News for his work on the banking crisis and policy response. The judges describing him as "one of the most well regarded and influential voices commenting on issues facing the industry … who has helped to position the US bank as an authority on the European policy response to the crisis".[18] Anthony Hilton, City Editor, Evening Standard called him as "one of the most authoritative banking analysts in Europe" [19] His awards include being voted the number one equity research analyst for Banks and Diversified Financials twelve times in institutional investor polls.[20] He has won a number of forecasting awards including European "Stock Picker of the Year" for Banks and Financials in Reuter’s Starmine twice.[21] In 2008, van Steenis was tipped as Rising Star Under 40 by Wall Street Journal's Financial News for the third time. The judges said: “He was early to spot the implications of the funding crisis and warned investors to steer clear of single-A banks, forecast the majority of the sectors rights issues and dividend cuts and the financials portfolio he runs for Morgan Stanley has outperformed the sector by over 25% for the year”[22]

Personal life

van Steenis is married to Camilla Cavendish.[23] His is the great nephew of botanist Cornelis Gijsbert Gerrit Jan van Steenis.

External links

References

  1. ↑ Who's Who in the City, 2011, Caritas Data
  2. ↑ http://www.weforum.org/global-agenda-councils/huw-van-steenis
  3. ↑ http://www.publications.parliament.uk/pa/ld201314/ldhansrd/text/131024-gc0001.htm
  4. ↑ http://www.standard.co.uk/business/markets/anthony-hilton-help-to-buy-deserves-to-be-permanent-9186912.html
  5. ↑ http://www.ft.com/cms/s/0/2ce0021a-171c-11e3-9ec2-00144feabdc0.html#axzz3dsGfnwH5
  6. ↑ http://www.thesundaytimes.co.uk/sto/business/Budget/article1387642.ece
  7. ↑ http://www.ft.com/cms/s/0/fa7d70a8-d91f-11d8-b986-00000e2511c8.html#axzz3eNnSgZ5f
  8. ↑ http://www.ft.com/cms/s/0/7319cbc2-e910-11df-a1b4-00144feab49a.html#axzz3eNnSgZ5f
  9. ↑ http://www.ft.com/cms/s/0/79848d16-7b77-11dd-b839-000077b07658.html#axzz3dsGfnwH5
  10. ↑ http://www.ft.com/cms/s/0/e5fa25c2-1845-11e2-80af-00144feabdc0.html#axzz3eSP8XtMH
  11. ↑ http://www.economist.com/node/4425772
  12. ↑ http://www.theinvestmentassociation.org/assets/files/research/2014/20140909-IMA2013-2014-AMS-chapter2.pdf
  13. ↑ http://www.ft.com/cms/s/0/e5fa25c2-1845-11e2-80af-00144feabdc0.html#axzz3dsGfnwH5
  14. ↑ http://www.euromoney.com/Article/3111003/The-balkanization-of-European-banking.html
  15. ↑ http://www.ft.com/cms/s/0/06eef63c-a2c4-11e2-9b70-00144feabdc0.html#axzz2WxfLvgRT
  16. ↑ http://www.ft.com/cms/s/0/e74b16d8-f5e6-11e1-bf76-00144feabdc0.html#axzz3eNnSgZ5f
  17. ↑ http://www.ft.com/cms/s/0/c7dfaa26-f59f-11e1-a6bb-00144feabdc0.html#axzz3eNnSgZ5f
  18. ↑ http://www.efinancialnews.com/story/2009-03-30/van-steenis-builds-reputation-as-policy-insider
  19. ↑ http://www.standard.co.uk/business/markets/lend-an-ear-to-small-firms-bank-woes-6368226.html
  20. ↑ http://www.extelsurveys.com
  21. ↑ http://excellence.thomsonreuters.com/awards/starmine/analyst-awards/2006/pan-europe
  22. ↑ http://terry.efn.co.uk/fn100/individual/3452402251/Huw%20van%20Steenis?ea9c8a2de0ee111045601ab04d673622
  23. ↑ Dorling, Danny (March 5, 2015). "Danny Dorling on £6K fees: the 1% won’t feel a thing". Times Higher Education. Retrieved May 26, 2015.
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