Research Chairs
The EDHEC Risk research chairs involve a close partnership with a sponsor and a commitment from EDHEC over three years leading to international academic publications and also detailed summaries and position papers aimed at professionals, institutional investors and regulators.
The EDHEC research chairs include three types of actions:
- Carrying out the research
Each year, the chair proposes to produce a major research study which will lead to both academic and professional publications. The themes are proposed by EDHEC and agreed with the sponsor.
- Organising the dissemination of the research
The research work from the chair is widely promoted on the basis of:
• "Features" in the EDHEC-Risk newsletter;
• The setting up of a section on the EDHEC–Risk website dedicated to the work of the chair;
• Distribution of the research to European institutional investors;
• Specific press actions with European financial newspapers and professional publications. - Presentation at conferences
Each of the chair’s publications is presented at a conference organised by the sponsor(s) and aimed at the public of their choice (collaborators or clients) and also within the framework of the EDHEC Institutional Days or the EDHEC Alternative Investment Days, both of which bring together more than 800 European institutional investors and asset managers each year. The research chair is under the scientific responsibility of one of the directors of the EDHEC Risk and Asset Management Research Centre. Validation of the action plan is assigned to a steering committee comprising the director from the EDHEC Risk and Asset Management Research Centre and a representative from the sponsor. The definitive choices of research topics and the associated research plans are validated jointly by the sponsor and EDHEC.
- Regulation and Institutional Investment, in partnership with AXA Investment Managers (AXA IM)
The aim, for both partners, is to carry out a joint operation on a European scale to highlight the challenges for institutional investment management of regulatory developments. - Asset-Liability Management and Institutional Investment Management in partnership with BNP Paribas Investment Partners
The EDHEC research team will examine dynamic allocation strategies in asset-liability management in order to formulate an integrated ALM model. - MiFID and Best Execution in partnership with NYSE Euronext, SunGard and CACEIS Investor Services
The objective of this research chair is to contribute to the academic debate on two aspects of the financial services directive that are believed to be crucial in light of current market and regulatory developments: development of a complete framework for analysing transaction costs; and detailed analysis of the consequences of market fragmentation. - Structured Products and Derivative Instruments, sponsored by the French Banking Federation (FBF)
This research chair will involve analysis of the optimal design of structured products and ALM derivatives and the study of structured products and derivatives on relatively illiquid underlying instruments. - Financial Engineering and Global Alternative Portfolios for Institutional Investors, sponsored by Morgan Stanley Investment Management
The chair will research new forms of welfare-improving financial innovation through the engineering of alternative solutions for institutional portfolios.
