Southampton Management School

Ian McManus

BEng MBA PhD

Primary position:
Lecturer

After an earlier career in Avionics design engineering (Flight Control Systems), followed by a move into Systems Marketing, I joined the Southampton Management School in 2001 after gaining my MBA and PhD degrees here at Southampton. Initially a Research Fellow, I became a Lecturer in Finance in 2003, principally teaching Portfolio Theory, Corporate Finance and Econometrics. Between 2005 and 2008 I held the position of Programme Director for the MSc in Management Science and Finance degree programme.

I have an outside professional interest as Database Manager for FT Interactive Data credit ratings publications. My leisure interests include Golf, Sailing and escaping to the countryside in a (warm) trailer caravan!

Dr Ian McManus's photo

The University of Southampton's electronic library (e-prints)

Article

McManus, I., Ap Gwilym, Owain and Thomas, S. (2009) Prospective utility and time-varying optimal asset allocation for the UK: 1803-1995. International Journal of Behavioural Accounting and Finance, 1, (2), 95-110. (doi:10.1504/IJBAF.2009.027447)
McManus, Ian, Ap Gwilym, Owain and Thomas, Stephen (2009) Prospective utility and optimal asset allocation for the UK: 1803-1995. International Journal of Behavioural Accounting and Finance, 1, (2), 95-110.
Thomas, S., Gwilym, O.A. and McManus, I.D. (2007) Prospective utility and the equity risk premium. Professional Investor, 17, (7), 24-28.
McManus, Ian D., ap Gwilym, Owain and Thomas, Stephen H. (2006) Payment history, past returns and the performance of UK zero dividend stocks. Managerial Finance, 32, (6), 536. (doi:10.1108/03074350610666247)
Ap Gwilym, Owain, McManus, Ian D. and Thomas, Stephen (2005) Fractional versus decimal pricing: Evidence from the UK long gilt futures market. Journal of Futures Markets, 25, (5), 419-442. (doi:10.1002/fut.20149)
McManus, Ian D., Ap Gwilym, Owain and Thomas, Stephen H. (2004) The role of payout ratio in the relationship between stock returns and dividend yield. Journal of Business Finance and Accounting, 31, (9-10), 1355-1387. (doi:10.1111/j.0306-686X.2004.00577.x)

Book Section

McManus, I. (2010) Dynamic migration between stock portfolios based on dividend yield and firm size. In, Financial Asset Pricing: Theory, Global Policy and Dynamics. , Nova. (In Press)
ap Gwilym, Owain, McManus, Ian D. and Thomas, S. (2009) Futures market liquidity under floor and electronic trading. In, Morrey, Jeffrey and Guyton, Alexander (eds.) Liquidity, Interest Rates and Banking. , Nova.

Conference or Workshop Item

McManus, I. (2003) Prospective utility and optimal asset allocation: international evidence. In, 16th Australasian Finance & Banking Conference, Sydney, Australia, 17 - 19 Dec 2003.
McManus, I. (2002) The role of payout ratio in the relationship between stock returns and dividend yield. In, European Financial Management Conference, London, UK,
McManus, I. (2002) Fractional versus Decimal Pricing: Evidence from the UK Long Gilt Futures Market. In, 9th Annual Conference on Multinational Financial Issues, Paphos, Cyprus, Jun 2002.

Monograph

McManus, Ian D., Smith, Peter N. and Thomas, Steve H. (2008) Trading probability and turnover as measures of liquidity risk: evidence from the U.K. stock market. , Social Science Electronic Publishing (Working Paper Series)
ap Gwilym, Owain, McManus, Ian and Thomas, Stephen (2003) Floor versus electronic trading of government bond futures. Aberystwyth, Wales, University of Wales, 41pp. (Research Paper,(2003-5))
McManus, I., Ap Gwilym, O. and Thomas, S. (2002) Time varying prospective utility and optimal asset allocation for US stocks and bonds 1926 - 1990. Southampton, GB, University of Southampton
 

Research Interests

  • Asset Allocation
  • Market Microstructure
  • Behavioural Finance
  • Macroeconomic Models of Credit Demand

 

Work in progress

I have more recently developed interests in the modelling of Liquidity as an Asset Pricing determinant, and Credit Demand as a factor in the Business Cycle.

Primary research group:  Finance and Banking Research Group

Affiliate research groups:  Centre for Risk Research, Centre for Banking, Finance and Sustainable Development

Dr Ian McManus
Southampton Management School
University of Southampton
Southampton
SO17 1BJ, UK.

Phone +44 (0)23 8059 2685
Fax +44 (0)23 8059 3844
E-mail I.D.McManus@soton.ac.uk

Room Number: 2/4025