EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC-Risk Surveys Features Interviews Indexes and Benchmarking FTSE EDHEC-Risk Efficient Index Series FTSE EDHEC-Risk ERAFP SRI Index EDHEC-Risk Alternative Indexes EDHEC IEIF Quarterly Commercial Property Index (France) Hedge Fund Index Research Equity Index Research Amundi "ETF, Indexing and Smart Beta Investment Strategies" Research Chair Rothschild & Cie "Active Allocation to Smart Factor Indices" Research Chair Index Regulation and Transparency ERI Scientific Beta Performance and Risk Reporting Hedge Fund Performance Performance Measurement for Traditional Investment CACEIS "New Frontiers in Risk Assessment and Performance Reporting" Research Chair Asset Allocation and Alternative Diversification Real Assets Meridiam Infrastructure/Campbell Lutyens "Infrastructure Equity Investment Management and Benchmarking" Research Chair Natixis "Investment and Governance Characteristics of Infrastructure Debt Instruments" Research Chair Société Générale Prime Services (Newedge) "Advanced Modelling for Alternative Investments" Research Chair CME Group "Exploring the Commodity Futures Risk Premium: Implications for Asset Allocation and Regulation" Strategic Research Project Asset Allocation and Derivative Instruments Volatility Research Eurex "The Benefits of Volatility Derivatives in Equity Portfolio Management" Strategic Research Project SGCIB "Structured Investment Strategies" Research ALM and Asset Allocation Solutions ALM and Private Wealth Management AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair Lyxor "Risk Allocation Solutions" Research Chair Merrill Lynch Wealth Management "Risk Allocation Framework for Goal-Driven Investing Strategies" Research Chair Ontario Teachers' Pension Plan "Advanced Investment Solutions for Liability Hedging for Inflation Risk" Research Chair Non-Financial Risks, Regulation and Innovations Risk and Regulation in the European Fund Management Industry Index Regulation and Transparency Best Execution: MiFID and TCA Mitigating Hedge Funds Operational Risks FBF "Innovations and Regulations in Investment Banking" Research Chair EDHEC-Risk Publications All EDHEC-Risk Publications EDHEC-Risk Position Papers IPE EDHEC-Risk Institute Research Insights AsianInvestor EDHEC-Risk Institute Research Insights P&I EDHEC-Risk Institute Research for Institutional Money Management Books EDHEC-Risk Newsletter Events Events organised by EDHEC-Risk Institute Wealth Management Systems for Individual Investors Conference, New York, 26 April, 2017 EDHEC-Risk Smart Beta Day Germany 2017, Munich, 22 June, 2017 Events involving EDHEC-Risk Institute's participation EDHEC-Risk Institute Presentation Research Programmes Research Chairs and Strategic and Private Research Projects Partnership International Advisory Board Team EDHEC-Risk News EDHEC-Risk Newsletter EDHEC-Risk Press Releases EDHEC-Risk in the Press Careers EDHEC Risk Institute-Asia EDHEC Business School EDHEC-Risk Executive Education Yale School of Management - EDHEC-Risk Institute Certificate in Risk and Investment Management Yale SOM-EDHEC-Risk Harvesting Risk Premia in Equity and Bonds Markets Seminar, 21-23 June, 2017, London Investment Management Seminars Advances in Asset Allocation Seminar, London, 15-17 May, 2017 Contact EDHEC-Risk Executive Education Contact Us ERI Scientific Beta EDHEC PhD in Finance
EDHEC-Risk Information
Appointments - March 08, 2017

EDHEC-Risk Director Lionel Martellini appointed member of the Consultative Working Group of ESMA’s Financial Innovation Standing Committee

Lionel Martellini,
Professor of Finance at EDHEC Business School,
Director of EDHEC-Risk Institute

We are honoured to announce that Lionel Martellini, Professor of Finance at EDHEC Business School and Director of EDHEC-Risk Institute, has been invited to join industry stakeholders of the Consultative Working Group (CWG) which advises the European Securities and Markets Authority's (ESMA's) Financial Innovation Standing Committee (FISC), alongside twenty-four fellow members.

ESMA has established the CWG to benefit from the expertise of stakeholders who are involved in the topic of financial innovation. ESMA looks to this group to provide expert advice regarding its work on Financial Innovation.

ESMA monitors financial activities in general and financial innovation in particular. The main objectives are to ensure that supervisors, policy makers and market participants are aware of innovations that may undermine investor protection, give rise to financial instability or threaten market integrity. FISC undertakes and coordinates ESMA’s work relating to the process of financial innovation. It does so through an understanding of market and investor trends, both in terms of quantitative analytics and qualitative market intelligence. It cooperates with other organisations with a shared interest in financial innovation, both with sister ESAs and regulatory bodies globally.

Lionel Martellini has graduate degrees in economics, statistics, and mathematics, as well as a PhD in finance from the University of California at Berkeley. Lionel is a member of the editorial board of the Journal of Portfolio Management and the Journal of Alternative Investments. An expert in quantitative asset management and derivatives valuation, his work has been widely published in academic and practitioner journals and he has co-authored textbooks on alternative investment strategies and fixed-income securities.

The twenty-four members of the CWG of ESMA’s Financial Innovation Standing Committee are as follows:

  • Christiane Baumgarten - Head of Regulation, Regulatory Services, Market Data and Services, Deutsche Boerse
  • Adrian Blundell-Wignall - Special Advisor to the OECD Secretary General on Financial Markets, Deputy Director of the Directorate of Financial and Enterprise Affairs – OECD
  • Robert Brown - Managing Director - Willis Towers Watson
  • Steven Davies - Partner, EMEA Digital & FinTech leader - PricewaterhouseCoopers
  • Luca Enriques - Professor of Corporate Law - Faculty of Law, University of Oxford
  • Rui Fernandes - Managing Director, Head of Equity Structuring and Product Development EMEA - JPMorgan
  • Sean Flannery - Senior Advisor, International Finance Corporation - World Bank Group
  • Alberto Gallo - Head of Macro Strategies and Portfolio Manager - Algebris Investments
  • Andreas Hackethal - Professor of Finance - Goethe Universität
  • Georges Huebner - Professor of Finance - HEC Liege, University of Liege
  • Antony Jenkins - Founder & Executive Chairman - 10x Future Technologies
  • Lionel Martellini - Director - EDHEC-Risk Institute
  • Mick McAteer - Founder & co-director - The Financial Inclusion Center
  • Manooj Mistry - Head of Passive EMEA - Deutsche Asset Management
  • Philippe Morel - Senior Partner & Managing Director, Global Head of Capital Markets - Boston Consulting Group
  • Soren Mortensen - Director, Transformation and Business Development Financial Markets - IBM
  • Huy Nguyen Trieu - CEO - The Disruptive Group
  • Joseph Pinto - Global COO - AXA Investment Managers
  • Angus Scott - Head of Product Strategy and Innovation - Euroclear
  • Peter Tufano - Peter Moores Dean - Said Business School, University of Oxford
  • Dirk Ulbricht - Director - Institute for Financial Services
  • Christopher Woods - Managing Director, Governance, Risk & Compliance - FTSE
  • Thomas Wulf - Secretary General - EUSIPA, BELSIPA
  • Filippo Zorzoli - Managing Director, Head of EMEA Rates Sales - Bank of America Merrill Lynch