Chief Investment Office

Bottom up/Top Down

All about Macro.

The CIO analyzes the big picture, taking into account many indicators and factors such as inflation, interest rates, unemployment rates, political events and the latest changes in the economy.

The division aims to establish an understanding of the main factors that influence the financial markets and lay a special emphasis on the monetary policies of central banks and on the fiscal policies of major economies.

Experienced Students Take The Lead

The Heads

Athanasios Gkiolmas


1.5 Years with WUTIS

Athanasios is now in the last year of his Economics Bachelors at the University of Vienna. He just finished an internship at Raiffeisen Bank International in the Trade Finance Department, involved in the financing of physical commodity traders. Starting in September, he will join the Corporate Treasury Sales team at UniCredit Bank Austria in the Markets division as an intern.

Karl Just


2 Years with WUTIS

Karl is currently studying Economics at WU Vienna and will begin his Master of Economics (science track) in September. He co-founded a real estate company, holds the job as CFO and is responsible for all financial issues. During his studies he was focused on macroeconomic phenomena, uncertainty and its influence on portfolio decisions.

Alexander Lotz


1 Year with WUTIS

Born and raised in Dubai, Alexander has recently finished his master’s degree in treasury & investments and is currently employed in the corporate DCM division at Erste Group. He has gained a lot of experience while working in the private banking and wealth management division throughout his studies, also at Erste Group. He is extremely passionate about capital market topics and big picture macroeconomic implications.

Rising Stars

The Associates & Analysts

Marcello Flavio Piccirillo


Paul Butterer


Martin Beres


Nataliya Khanas


Yelyzaveta Bukhbinder


Varvara Shershneva


Maximilian Trentini


Anna Tskhakaya


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