Benjamin Moritz Deutsch
Portrait of Benjamin Moritz

Dr. Benjamin Moritz

“The most important question is not what the stock market does, but what you want to do with your life.”

Head of Investment Strategy & Research at FINVIA. I research and teach how life goals become a plan that lasts.

PhD in statistics from LMU Munich, almost 20 years in wealth management, and since 2014 AI that values and forecasts companies and financial markets.

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What one dollar became

Invested in 1900, value at the end of 2025, after inflation

Equities 6.6% a year$3,296

Bonds 1.6% a year$7

Gold 1.3% a year$5

Cash 0.5% a year$2

Each square is one dollar of purchasing power, each row a hundred. Shares earned 6.6 per cent a year, bonds 1.6; compound interest does the rest. Why owners are paid so much better, and what a family can make of it: Life and financial planning.USA; shares and bonds with income reinvested; gold: dollar price; cash: short-term Treasury bills; rounded. Source: Dimson, Marsh and Staunton, UBS Global Investment Returns Yearbook 2026. Past returns are no promise for the future.

About

Benjamin Moritz heads Investment Strategy & Research at FINVIA and is a member of its Investment Committee. His work revolves around one question: how should wealth be spread across all asset classes, listed and private, so that it lasts? His focus:

  • Forecasts of returns, risks and correlations
  • Portfolio optimisation over several periods
  • Scenario analyses and stress tests
  • Cash-flow and NAV models for alternative investments

Before FINVIA he was a founding partner of HQ Asset Management and spent ten years in asset allocation and fund management at Sal. Oppenheim. Since 2014 he has used artificial intelligence to value and forecast companies and financial markets; his research on it received the Best Paper Award of the German Finance Association and, for his PhD thesis, the PLEXUS Advancement Award for Artificial Intelligence in Finance. He teaches, supervises students and speaks at universities and conferences.

Career

  1. Since 2022
    FINVIA, FrankfurtHead of Investment Strategy & Research, member of the Investment Committee
  2. 2018–2022
    HQ Asset Management, DüsseldorfExecutive Partner, part of the founding team
  3. 2008–2018
    Sal. Oppenheim, CologneVice President, asset allocation and fund management
  4. 2012–2018
    LMU MunichPhD in Statistics, alongside full-time work

Full CV

Newsletter

Wirtschaft und Geldanlage is my German-language newsletter on LinkedIn about the economy and investing.

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Contact

mail (at) benjaminmoritz (dot) de

For research, students, talks and everything else.

Publications and profiles: