Professor David Gallagher
David Gallagher
Malcolm Broomhead Chair in Finance
  • Ph.D., Finance (The University of Sydney)
  • M.Com., Finance (University of Wollongong)
  • B.Ec., Finance (Macquarie University)
Ph: 
+61 7 344 31218
Room 327, Colin Clark Building, St. Lucia Campus

Professor David R. Gallagher is the inaugural Malcolm Broomhead Chair in Finance at The University of Queensland Business School. His expertise spans the institutional investing, portfolio management, superannuation, and capital markets domains.  Professor Gallagher is a former CEO of the Commonwealth and NSW Government's $41 million Centre of Excellence in International Finance and Regulation (CIFR), Professor at the UNSW Business School, and research director at the Capital Markets CRC Limited.  Professor Gallagher's career has included a visiting professorial role at The University of Texas at Austin and a visiting scholar role at the Investment Company Institute in Washington DC.  Prior to his academic career he was a Financial Analyst at Towers Perrin Inc. (now Willis Towers Watson) in the Asset Consulting division.  Dr Gallagher is actively engaged in public policy, financial media, and he has consulted widely to both industry and Government.

Research interests

Capital markets
Investigating issues concerning the participation of analysts, brokers and institutions in equity and debt capital markets
Equity trading strategies
How institutional investors exploit information in generating excess returns to the market, including consideration of trading costs
Institutional investing
Investigation of how institutions formulate and execute their investment strategies
Portfolio management
Evaluation of the management of portfolio assets in terms of performance measurement and risk, including asset allocation, and investor objectives
Superannuation funds
Examination of long term investment approaches and investment strategies through the accumulation phase that are ultimately designed to meet the objectives of investors in the de-accumulation (retirement) phase
Translational finance
How empirical knowledge in finance can be used for the betterment of policy, regulation, competition and innovation

Publications

View full publications list

Major research grants

Title Agency Year Amount
Global Equity Fund Portfolio Holdings, Skill and Currency Effects Centre for International Finance and Regulation 2016 Undisclosed
In-house Investment Management for Asset Owners Centre for International Finance and Regulation 2015 Undisclosed
Institutional Investment Management Program Capital Markets CRC Limited 2010-2014 $800,000
MREII Research Grant UNSW 2009 $290,000
Research Infrastructure Block Grant (RIBG) UNSW 2008 $330,000
The Structure, Performance, Trading Activity and Portfolio Composition of Australian Small-Cap Equity Managers Australian Research Council (ARC) Discovery Grant (DP0665826) 2006-2008 $230,000
An Examination of Strategic Investment Arrangements for Institutional Investors: The Case for Centralised Portfolio Management Australian Research Council (ARC) Linkage Grant (LP0561160) with Vanguard Investments 2005-2007 $368,486
Evaluating the Performance of Active Australian Equity Managers Utilising Daily Portfolio Holdings and Trades Australian Research Council (ARC) Discovery Grant (DP0346064) 2003-2005 $193,000
Review of Australia’s Financial Services Industry Capital Markets CRC Limited and AXISS 2002 $100,000