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Understanding financial behaviour for robust policymaking

The Centre dramatically enhances Imperial College Business School’s expertise in financial economics and strengthens ties with other disciplines, including engineering and computational finance.

Our purpose is to serve as a bridge between the Business School and the world of business, to develop a greater understanding and more efficient management of risk, and to promote investment and productivity.

Our areas of interest are across three broad streams of research:

  • Financial stability and financial regulation

  • Comparative financial systems and designing new financial structures

  • Financing development, environment protection and medicines


The Centre is funded by a transformational gift of £20.1 million from Brevan Howard, Europe’s most successful hedge fund, which was established by Imperial alumnus Alan Howard (MEng Chemical Engineering & Chemical Technology 1986).

"I am delighted the Brevan Howard Centre for Financial Analysis at Imperial is going to be led by the world-class team of Professors Franklin Allen and Douglas Gale. Franklin and Douglas will create a vibrant institution to study financial markets by bringing together academics, policymakers and practitioners.   During the financial crisis and in its aftermath, my colleagues and I became convinced of the need to improve wider knowledge of financial markets, especially given their enormous impact on businesses and households. Under Franklin and Douglas’ leadership, the Brevan Howard Centre will be perhaps the world’s most important locus for studying these issues. My sincere hope is the Centre will make fundamental contributions to our understanding of financial markets, vault Imperial’s business school into the top ranks, and add to the dynamic intellectual community in Britain and Europe."
Alan Howard
Co-founder, Brevan Howard Asset Management LLP