SMIF Student Committee

David Frost


BA Finance

David has run varying businesses since the age of 16,  working in sales with large American and European companies, and he has personally traded on stock and foreign exchange markets for a number of years. He is now studying Finance at the University of Stirling as a mature student, with a view to moving into the Investment Management industry upon graduation.  David held the position of Chief Risk and Compliance Officer for the SMIF in 2017/2018 and the position of Chief Executive Officer in 2018/2019. He is responsible for the functioning of the society, including weekly club meetings, collaborations with other university clubs and societies, and advising on stock pitching. He is also responsible for overseeing investment decisions made by the fund and for monitoring the SMIF portfolio, working alongside the other Committee members.

Juan Ignacio Palanzuela


BA Politics and Economics

Juan is a Politics and Economics student from Venezuela with a deep interest in International Political Economy and the financial markets. He has interned at Charlotte Street Partners in Edinburgh, gaining experience in Corporate Communications and Investor Relations. Juan is also currently working part-time at ESM investments, a private equity firm based in Stirling, as an investment analyst intern. In his SMIF role, he is responsible for organising guest speaker events, coordinating the weekly SMIF meetings and creating the fund’s monthly update reports. He also pitched the funds’ best performing company to date – Salesforce.

Luke Milburn


BA Finance

Luke was born in and has lived in Glasgow all of his life. His route to studying Finance at Stirling has been quite circuitous as he first studied at Glasgow University in Computer Science before transferring to Abertay University where he obtained a degree in Computer Games Technology. He originally studied Conservation Biology at Stirling (which he hopes to return to someday) but was drawn to the Finance course because of his participation in the SMIF and also because he has been managing his own portfolio of stocks since 2009 using the value investing methodology. He is interested in working in the investment industry professionally. His role within the SMIF involves managing the club finances and helping to update the weekly performance tables by tracking the returns of the stocks that comprise the SMIF portfolio.

Andrew Pickup


MSc Investment Analysis

Andrew has a keen interest in the Finance industry, and he also invests privately. With a degree in Philosophy from the University of Roehampton, he has extensive work experience, ranging from being System Analyst at healthcare multinational Johnson & Johnson, to Account Manager in MGR Foamtex Ltd and Regional Sales Executive at ATE Enterprises, an Enterprise Architecture specialist. He is responsible for producing the regular performance updates of the SMIF portfolio and uses his project management skills to coordinate various SMIF projects. Together with George Scurr, he also co-authored the Stirling University SMIF Committee Governance Policy document. Andrew also pitched Rio Tinto at the Autumn 2018 semester Stock Pitch event.

George Scurr


MSc Investment Analysis

Prior to studying for the MSc Investment Analysis, George studied BSc Zoology at the University of Nottingham. Whilst here, he came across investing through reading various books from the likes of Benjamin Graham, Philip Fisher, Howard Marks and Nicholas Taleb. He has been investing in the markets for a few years now, starting with short-term horizon and then transitioning into a more long-term investor. George’s role at the SMIF can be split into two components. Firstly, as the Chief Risk Officer, he is responsible for teaching SMIF analysts how to assess investment risks for their pitches, and for reviewing, monitoring and advising the SMIF on its portfolio risk exposures. Secondly, as the Chief Compliance Officer, he is responsible for creating policy documents regarding the SMIFs responsibilities and procedures, as well as ensuring that these are complied with on an ongoing basis. George pitched Pandora along with Andreas Haberl and Vlad Petrov at the Autumn 2018 semester Stock Pitch event.

Andreas Haberl


MSc Behavioural Decision Making for Finance

Son of an Argentinian father and German mother, Andreas was born in Germany but grew up in Spain. He has a double degree in Political Science and Advertising and an MSc in Management from University College London. Furthermore, Andreas gained experience at and the Embassy of Spain in Australia, among others. Passionate about Behavioural Finance, he founded the website to promote this exciting new discipline in the Spanish-speaking world. He has worked at Behavioural Science Solutions Ltd in London as Editorial Assistant for the famous Behavioural Economics Guides 2018 & 2019. For his dissertation, he is collaborating with FinTech start-up Zuper Financial Pty Ltd, an Australian crowd-funded superannuation fund based in Sydney. Together with Zuper’s Chief Behavioural Officer, he is researching the relationship between values and responsible financial behaviour.   Andreas is responsible for the SMIF’s social media accounts and the creation of advertising material for various events, as well as helping to launch the SMIF website together with Stirling University’s digital team. He also pitched Pandora with George Scurr and Vlad Petrov at the Autumn 2018 semester Stock Pitch event.

Advisory panel

We would like to pass on our thanks and appreciation to our SMIF Advisory Panel who took the time out of their busy schedules during the past academic year to question our stock pitchers and offer their insights and guidance.

University of Stirling alumni

Alan Loughray graduated with BA in Accountancy and Business Law from the University of Stirling in 1981. Hequalified as a Chartered Accountant in 1985 with Coopers and Lybrand (now PWC). He then worked in audit for KPMG within their Channel Islands and San Francisco offices. For the past 20 years he has run his own business concerned with commercial property development and investment in central Scotland and the Highlands.

Jon (JB) Beckett graduated with a BA in Business Law from the University of Stirling in 1996. He has worked in professional fund investing for over two decades and was until recently an investment gatekeeper for £180bn of funds managed by Scottish Widows. He is an independent member of the Investment Advisory Committee of Royal London and a Director of the Association of Professional Investors. He is author of the book New Fund Order, and he sits on the Advisory Board, and is an Ambassador for, the Transparency Task Force (TTF).

Paul Hughes, CFA graduated with an MSc in Investment Analysis from the University of Stirling in 2003, having originally graduated with a BSc in Mathematics with Economics from the University of Strathclyde in 1992. He has 25 years’ experience advising investment managers on portfolio construction and risk, and is currently Head of Investment Risk, Trading and Quantitative Analysis with Martin Currie Investment Management. He is an associate of the UK Society of Investment Professionals (UKSIP), a CFA Charter holder and a former chair of the CFA UK Scottish Committee.

University of Stirling Academic Staff

Dr Kevin Campbell is a Senior Lecturer in Finance at the University of Stirling, where he has worked for over 30 years, having completed his PhD at the University of Glasgow. He is Course Director of the MSc Investment Analysis, and researches primarily in the fields of corporate finance and corporate governance.

Dr Patrick Herbst is a Lecturer in Finance at the University of Stirling with a PhD in Economics from the University of Tubingen and an MSc in Economics from the LSE. He has experience in the financial industry, having worked in equity portfolio management at Allianz Dresdner Asset Management.

Dr Isaac Tabner, CFA is a Senior Lecturer in Finance at the University of Stirling, where he has worked for over 15 years. He is Course Director of the MSc Finance, a CFA Charter holder, is ASIP Certified and has a PhD in Finance and an MSc in Investment Analysis from the University of Stirling.