Ferdinand Mager, CFA
Research focus
- Asset Management
- Corporate Pension Schemes
- Market Microstructure
- Corporate Finance
Curriculum Vitae
Ferdinand Mager joined the EBS Business School in 2009. Prior to this he served as an Associate Professor at the Queensland University of Technology in Brisbane, Australia. He graduated at the Erlangen-Nürnberg University where he also obtained his doctoral degree and habilitation.
Being CFA charterholder he manages the program partnership with the Chartered Financial Analyst Institute and supervises EBS students until the annual CFA Global Investment Research Challenge.
From 2015 to 2019 he was Head of the FACT Department (Finance, Accounting, Controlling, Taxation). He was involved in various consulting projects and gained first work experience at Deutsche Bank, New York, and First National Bank in South Africa.
Prof. Mager also has an M.A. (Master of Arts) in Chinese Studies. Due to this special relationship with the Chinese culture and language he attaches particular importance to the Chinese students. During summer 2015 he had a longer stay at the Beijing Foreign Language Studies University.
Publications
- GÖTZ, L., MAGER, F., ZIETZ, J. (2024). The Effect of Wildfires on Mortgage Pricing: Evidence from Portugal. Journal of Real Estate Finance and Economics. doi:10.1007/s11146-024-09982-3.
- HAFFKI, R., MAGER, F., HENNIG, K. (2023). Big is Beautiful: How relationships and sponsor size impact credit spreads in commercial real estate lending. Global Finance Journal. doi:https://doi.org/10.1016/j.gfj.2023.100883.
- HEUSEL, N., MAGER, F. (2023). Pension funding and the cross section of stock returns – the case of Germany. Journal of Banking and Finance. doi:https://doi.org/10.1016/j.jbankfin.2023.106816.
- HAFFKI, R., MAGER, F., HENNIG, K. (2023). Big is beautiful: The impact of bank–borrower relationship and sponsor size on credit spreads and underwriting fees in commercial real estate lending. Global Finance Journal, 58 (C), 100883. doi:https://doi.org/10.1016/j.gfj.2023.100883.
- KOHLS, T., MAGER, F., REGELE, T. (2023). Competitive advantage and firm, industry, and country effects: An asset pricing perspective. Journal of Economics and Business, 127, 106137. doi:10.1016/j.jeconbus.2023.106137.
- KOHLS, T., MAGER, F. (2022). Profitability and Low-Risk Anomalies Reexamined: Do they Overlap and do they Exist at All? Global Finance Journal. doi:https://doi.org/10.1016/j.gfj.2022.100776.
- LANG, E., MAGER, F., HENNIG, K. (2022). Uncertainty and Commercial Real Estate Excess Returns in European Markets. Journal of Property Research, 39:4, 321-337. doi:10.1080/09599916.2022.2054353.
- LANG, E., MAGER, F., HENNIG, K. (2021). Office Property Pricing and Macroeconomic Shocks - European Regions through the Real Estate Cycle. International Real Estate Review, 25 (2), 217-236.
- FÜSS, R., MAGER, F., STEIN, M., ZHAO, L. (2018). Financial Crises, Price Discovery, and Information Transmission: a high-frequency perspective. Financial Markets and Portfolio Management, 32 (4), 333-365.
- FÜSS, R., GRABELLUS, M., MAGER, F., STEIN, M. (2018). Something in the air: Information density, news surprises, and price jumps. Journal of International Financial Markets, Institutions and Money, 53, 50-75. doi:10.1016/j.intfin.2017.09.011.
- MAGER, F., MEYER-FACKLER, M. (2017). Mergers and acquisitions in Germany: 1981 - 2010. Global Finance Journal, 34, 32-42.
- GRABELLUS, M., MAGER, F., REINSCHMIDT, R. (2015). How Risk-Return Efficient is the DAX 30? An Analysis of Risk Based Weighting Strategies. Journal of Banking Law and Banking, 27 (5), 305-316.
- FÜSS, R., GRABELLUS, M., MAGER, F., PLAGGE, J. C. (2014). How Risk-Return Efficient are Target Risk Strategies. Journal of Index Investing, 4 (4), 33-42.
- FÜSS, R., MAGER, F., ZHAO, L. (2014). The Effect of Macroeconomic News and Monetary Policy Announcements on U.S. REIT and Stock Prices. Real Estate Finance, 30 (4), 142-154.
- FÜSS, R., MAGER, F., WOHLENBERG, H., ZHAO, L. (2011). The Impact of Macroeconomic Announcements on Impled Volatility. Applied Financial Economics, 21, 1571-1580.
- MAGER, F., JESSWEIN, T. (2010). The Fundamental Performance of Newly Privatized Firms – Evidence from Continental Europe. Applied Economics Letters, 17, 181-186.
- MAGER, F., SCHMIEDER, C. (2008). Stress Testing of German Credit Portfolios. Journal of Risk Model Validation, 3, 27-45.
- GERKE, W., MAGER, F., REINSCHMIDT, T., SCHMIEDER, C. (2008). Empirical Risk Analysis of Pensions Insurance - The Case of Germany. Journal of Risk and Insurance, 75, 763-784.
- DOMBRET, A., MAGER, F., REINSCHMIDT, T. (2008). Global Takeover Premiums - Country vs. Industry Impact. Applied Financial Economics Letters, 4, 293-297.
- GERKE, W., MAGER, F. (2006). Venture Capital, Initial Public Offerings and Political Economics: The Case of Germany. International Journal of Entrepreneurship and Innovation Management, 6, 429-443.
- GERKE, W., MAGER, F., RÖHRS, A. (2005). Pension Funding, Insolvency Risk and the Rating of Corporations. Schmalenbach Business Review, 57, 35-64.
- GERKE, W., MAGER, F., RÖHRS, A. (2005). Twenty Years of International Diversification from a German Perspective. Schmalenbach Business Review, 57, 85-101.
- GERKE, W., MAGER, F. (2005). Die Macht der Ratingagenturen? Der Fall der ThyssenKrupp AG. Betriebswissenschaftliche Forschung und Praxis, 57, 203-214.
- GERKE, W., MAGER, F., ROHDE, M. (2004). Länder- versus Brancheneinfluss auf Aktienrenditen: 1973-2002. Credit and Capital Markets, 37, 153-168.
- KIEHN, D., MAGER, F. (2003). Hedgefonds. Die Betriebswirtschaft, 63, 605-608.
- GERKE, W., MAGER, F., KIEHN, D. (2002). Zur Konzeption eines deutschen Hedgefonds. Journal of Banking Law and Banking, 14, 479-492.
- MAGER, F. (2002). Lock-up Agreements. Die Betriebswirtschaft, 62, 563-566.
- GERKE, W., MAGER, F., HERBST, M. (2002). Asset Backed Securities – Eine Simulation der bilanziellen Ertragswirkung. Die Betriebswirtschaft, 62, 77-93.
- GERKE, W., MAGER, F. (2007). Science and Asset Management. Hedge Pension Review, 1, pp. 24-25.
- MAGER, F. (2006). Systemrisiken in der bAV - PSVaG im Stresstest. Handelsblatt Newsletter Betriebliche Altersversorgung (2), 16.
- MAGER, F., REINSCHMIDT, T. (2006). Hedge Fonds – Pro und Contra. DSWR - Datenverarbeitung - Steuern - Wirtschaft – Recht, 2, pp. 105-107.
- GERKE, W., MAGER, F. (2003). Die langfristige Performance von erstmalig börsennotierten Unternehmen. Logistik Management, 5, 38-49.
- MAGER, F., HERBST, M. (2001). Rentabilität steigern mit ABS. Geno, 12, pp. 30-33.
- BANK, M., MAGER, F. (2000). Die Warteoption im zeitstetigen Investitionsmodell. WiSt - Wirtschaftswissenschaftliches Studium, 29, 302-307.
- MAGER, F. (2001). Die Performance von Unternehmen vor und nach dem Börsengang - eine empirische Analyse. Springer.
- MAGER, F. (2011). Der PSCaG: Ein dreifaches Dilemma. In Holzer-Thieser, A. & Roth, S. (Eds.) (pp. 81-91). Versicherungswissenschaft – Im Wandel wirtschaftswissenschaftlicher und rechts- ökonomischer Analysen mit Finanzmarkt- und Freiberufsrecht.
- MAGER, F., SCHMIEDER, C. (2010). Insuring Defined Benefit Plans in Germany. Pension Fund Risk Management (pp. 315-330). Chapman Hill.
- GERKE, W., MAGER, F., FÖRSTEMANN, T. (2009). Die Rolle von Finanzintermediären bei der Corporate Governance im Wandel (2nd ed.). In Hommelhoff, S & Hopt, K.J. & v.Werder, A. (Eds.), Handbuch Corporate Governance (pp. 503-529). München: C.H. Beck Verlag.
- MAGER, F., REINSCHMIDT, T. (2009). Hypothekenanleihen als besondere Assetklasse. In Sergio, P. (Eds.), Einfach gut gemacht: So funktionieren deutsche Hypothekenanleihen (pp. 137-158). München: Finanzbuch Verlag.
- MAGER, F., REINSCHMIDT, T. (2009). Hypothekenanleihen als innovatives Instrument der Mittelstandsfinanzierung. In Sergio P. (Ed.), Einfach gut gemacht: So funktionieren deutsche Hypothekenanleihen (pp. 161-168). München: Finanzbuch Verlag.
- MAGER, F., SCHMIEDER, C. (2008). Basel II-Type Stress Testing of Credit Portfolios. In Rösch, D. & Scheule, H. (Eds.), Stress-testing for Financial Institutions - Applications, Regulations and Techniques. Frankfurt: Deutsche Bundesbank.
- GERKE, W., MAGER, F. (2006). Pensionsverpflichtung und Unternehmensrating aus deutscher Perspektive. In Förster W. et al (Ed.), Altersvorsorge und Vergütung – Risiko und Chance im Wettbewerb der Unternehmen (pp. 49-65). Köln: Otto Schmidt Verlag.
- MAGER, F. (2004). “Fliegendes Geld” und Banken im kaiserlichen China. In Bank, M. & Schiller, B. (Eds.), Finanzintermediation: Theoretische, wirtschaftspolitische und praktische Aspekte aktueller Entwicklungen im Bank- und Börsenwesen (pp. 647-667). Stuttgart: Schäffer-Poeschel Verlag.
- GERKE, W., MAGER, F. (2003). Die Rolle von Banken und Finanzintermediären bei der Corporate Governance. In Hommelhoff, S. & Hopt, K.J. & v.Werder, A. (Eds.), Handbuch Corporate Governance (pp. 549-567). Stuttgart: Schäffer-Poeschel Verlag.