Journée Nationale des Investisseurs
Digital Conference
Risk Management as the Key Source of Added Value in Investment Management
Investment management in the new era can be defined as the art and science of efficiently spending institutional or individual investors’ dollar and risk budgets to help them achieve their meaningful goal-driven objectives (for individuals) or liability-driven objectives (for institutions), subject to a number of regulatory constraints or otherwise. Whatever the context, meaningful investment solutions are in fact invariably based on three fundamental sources of added value, each reflecting one particular form of risk management technique : (1) the use of an efficient risky performance-seeking portfolio (PSP); (2) the use of an efficient safe liability-hedging or goal-hedging portfolio; and (3) the use of an efficient allocation strategy for efficient risky and safe building block portfolios.
Diversification
The risky portfolio should be efficient at harvesting risk premia across and within asset classes: It’s all about diversification!
Hedging
The safe portfolio should be efficient at matching risk factor exposures on the asset and liability sides: It’s all about hedging!
Insurance
The allocation to the efficient risky and safe portfolios should secure investors’ essential goals while generating a high probability of achieving their aspirational goals: It’s all about insurance!
Academic Roots
EDHEC Bond Risk Premium
Bayesian Nets for Stress Testing
EDHEC Risk Expertise
ESG Factors and Sustainable Investment Solutionst
"Flexicure" Retirement Solutions - A part of the Answer to the Pension Crisis?
Practitioner Reach
Ostrum Bond Portfolio Optimization
Results of the 12th EDHEC European ETF Smart Beta Survey
News
12-11-2020
A great success for the Climate Change, Credit Risk and Covi 19 Workshop
A great success for the online workshop organised by the "Long-Term Investors Lab” of the University of Turin and EDHEC-Risk Institute, with almost 400 people registered to learn from top experts on fixed-income implications of climate change and covid.
The Covid-19 emergency seems to have increased attention towards long-term issues like sustainable investments and development...
27-10-2020
60,000 people already enrolled in the...
Investment Management with Python and Machine Learning Specialisation
This programme has been designed by Professor Lionel Martellini, Director of EDHEC-Risk Institute, along with an...
24-09-2020
Gianfranco Gianfrate speaking on...
On 27 October 2020, Gianfranco Gianfrate, Professor of Finance, EDHEC Business School and Lead Expert on Sustainable Finance and Climate Change, EDHEC-Risk Institute will be speaking on the theme of...
Events
08 Dec
09 Dec
Green Finance Research Advances
Online conference
Our stats
55 000
Citations in worldwide trade publications
520
Papers published
2 500
Participants trained
100 000
Newsletter readers
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
