Phd, MSc, MCom, BSc, ACA, CPFA, CFA
Formerly Professor at the Cass Business School, London, Professor Thomas has lectured principally on the Masters Programmes in Finance and in International Accounting since 1991. Much of Professor Thomas' research focuses on asset pricing and aspects of corporate finance with particular interest in the UK investment trust industry.His work has been published in the Journal of Finance, Review of Finance, Journal of Banking and Finance, European Financial Management, Management Accounting Research, and Journal of Business Finance and Accounting.
During his career, Professor Thomas has held a part-time appointment with Chase Manhattan Bank, JP Morgan and has been Visiting Associate Professor in Accounting at the University of Washington, Seattle. He regularly contributes to international finance conferences and was invited last year to give a series of seminars at Sultan Qaboos University in Muscat, Oman He has held part-time and consulting appointments with a number of international banks and other financial institutions.Professor Thomas said: 'I am delighted to be joining Swansea and to be part of an ambitious world-class University.'
His research interests focus on the pricing and corporate finance aspects of the UK investment trust industry.
Other roles:Associate Editor, European Journal of Finance
Member of Programme Committee, European Finance Association
Member of Programme Committee, European Financial Management Association
External Examiner, Bath University and University of Essex
Selected academic publications:

• Repurchases and Investment Trusts (with Gordon Gemmill), Professional Investor, CFA Society of the UK (forthcoming).
• The Agency Effect of Repurchases on Closed-end Funds (with J. An and G. Gemmill), European Financial Management. 2012, 18, 240-270.
• The Relevance of Accounting Data in the Measurement of Credit Risk (with A.Demirovic), European Journal of Finance. 2007, 13, 253-268.
• The Cross-Sectional Variability of Stock-Price Returns: country and sector effects revisited (with M.Steliaros), Journal of Asset Management, 2006, 7, 273-290.
• The Impact of Corporate Governance on Closed-end Funds (with G.Gemmill), European Financial Management, 2006, 12, 725-746.
• Market-Wide Shocks and Anomalous Price Behavior: Evidence from Closed-End Funds (with A.M.Fuertes), Journal of Banking and Finance, 2006, 30, 2517-2535.
• A Note on Cost Stickiness: some international comparisons (with K.Calleja and M.Steliaros), Management Accounting Research, 2006, 17, 127-140.
• Momentum and the FTSE 350 (with M.Ellis), Journal of Asset Management, 2004, 5, 25-36.
• Short-Term Reaction of Stock Markets in Stressful Circumstances (with M.Lasfer and A.Melnik), Journal of Banking and Finance, 2003, 27, 1959-1977.
• Noise-Trading, Costly Arbitrage and Asset Prices: Evidence from Closed-end Funds (with G.Gemmill), Journal of Finance, 2002, 57, 2571-2594.