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Prof. Bertrand Monnet introduces Economic Crime Management to the MSc in Managemnent Studies students
Financial Times Rankings 2016
Last December 7, the Family Business Network (FBN) launched their Levant Chapter, giving light to a vibrant Next Generation community in the region.
The EDHEC Family Business GEMBA continues its path in London, one of the 5 international campuses EDHEC. Starting on the 12th of December, this module is all about leadership and governance.
Know all about MSc in Entrepreneurship and Innovation Management programme at EDHEC Business School
EDHEC-Risk Institute is pleased to announce the appointment of Mark Fawcett as chairman of its international advisory board. He is Chief Investment Officer of NEST Corporation, the trustee body responsible for running NEST, the National Employment Savings Trust.
Rania LABAKI, Director of the EFBC, elected as Board member of IFERA, the International Family Enterprise Research Academy.
As Academic Partner of the FBN Next Generation Award, EDHEC granted a world-class family business education to the winner of the 2016 edition.
Lille, Paris, Boston, Singapore, and now Nice: out of the 5 EDHEC Business School campuses, Participants of the EDHEC Family Business GEMBA are now familiar with 4 of them. This week was a new experience, full of family business meetings, new topics and challenges on the Nice campus.
Deadline to apply: December 01, 2016
Lille, France May 11-12, 2017
In a survey of investment professionals conducted as part of the Amundi ETF, Indexing & Smart Beta research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies”, EDHEC-Risk Institute has solicited the specific views of 180 European ETF investors on “smart beta” exchange-traded funds (ETFs). This questionnaire has given rise to a study entitled “Investor Perceptions about
Smart Beta ETFs”.
ERI Scientific Beta announced today, September 27, 2016, that it has signed the United Nations-supported Principles for Responsible Investment (PRI).
Professor Lopez de Silanes delivered a 60-minute presentation on the topic: "The Transmission Challenge: What Determines Family Business Transmission?". He also participated in the panel "What is the Real Asset Universe - Characteristics - Strengths and Perceived Weaknesses?"
A recent ranking published by IDEAS, the largest bibliographic database dedicated to Economics, revealed that Florencio Lopez de Silanes, EDHEC Professor in Corporate Governance and Finance, is ranked amongst the top 3 Economists in France.
Family business leaders face a tough balancing act of effectively managing and leading. Emotions flow from the family to the business, and vice versa, affecting both the family and the business.
Participants to the EDHEC Family Business Global Executive MBA (GEMBA) just finished their third Module, spending 10 days in Singapore.
EDHEC Infrastructure Institute-Singapore (EDHECinfra) has released a new paper entitled “Searching for a Listed Infrastructure Asset Class” establishing that listed infrastructure securities cannot be considered a unique asset class.
In a new study entitled “Factor Investing and Risk Allocation: From Traditional to Alternative Risk Premia Harvesting”, drawn from the Lyxor Asset Management research chair on “Risk Allocation Solutions”, EDHEC-Risk extends the analysis of factor investing beyond traditional factors and seeks to investigate what the best possible approach is for harvesting alternative long short-risk premia.
The Next Generation Award champions young family business members who contribute to renew and energize their family business. To offer world-class family business education to the winner, EDHEC Family Business Centre is happy to collaborate with the FBN for the 2016 edition as academic partner.
The Graduation Ceremony of the EDHEC Family Business Global Executive MBA took place on Friday 27 of May.
ERI Scientific Beta, the smart beta index provider venture of EDHEC Risk Institute, today announced that assets tracking its smart beta indices had reached USD 10.3bn.
ERI Scientific Beta, the smart beta index provider offshoot of EDHEC Risk Institute today announced a revolutionary “pay for what you get” approach to index pricing that will disrupt the traditional model of fixed fees on assets under management and enable investors to relate their fees directly to smart beta index performance.
EDHEC Infrastructure Institute-Singapore (EDHECinfra) has released a new paper entitled “Cash Flow Dynamics of Private Infrastructure Project Debt”, drawn from the EDHEC-NATIXIS Research Chair on private infrastructure debt investments. This paper is the first empirical study of the dynamics of debt service cover ratio (DSCR) in infrastructure project finance and shows that focusing on certain data points and using advanced statistical methods can greatly improve investors’ ability to understand credit risk in private infrastructure debt.
As a part of the GEMBA Academic Programme, this intense module was a mix of lectures, meetings with local family business leaders and networking with students enrolled at Northeastern and following family business curriculum.
The new research institute, EDHECinfra, occupies a prime position at the heart of this market.
Professor Robert C. Merton, Nobel laureate in Economics, is to inaugurate this exceptional three-day event
We are very delighted to announce that Professor Riccardo Rebonato, a specialist in interest rate risk modelling with applications to bond portfolio management and fixed-income derivatives pricing, has joined EDHEC-Risk Institute on May 2, 2016. He also joined the EDHEC Faculty.
E-financial Careers ranks EDHEC Business School third among French business schools for finding a job in the financial industry in London.
To celebrate their first time in Boston, the EDHEC Family Business Centre invited EDHEC Alumni to have a drink along with the cohort of Family Business GEMBA students.
Multirank was launched by the European Union in 2014 and now ranks over 1,300 international higher-education institutions
The conference included three major events allowing investment professionals to review major industry challenges, explore state-of-the-art investment techniques and benchmark practices to research advances.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2015, a comprehensive survey of 180 European ETF investors, conducted as part of the Amundi ETF, Indexing & Smart Beta research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies”.
Mauricio CHAPARRO, EDHEC Family Business GEMBA 2017, was recently appointed as CEO of Grupo Serseco with the challenge to accelerate growth and international deployment.
EDHEC reinforces the research on Family Business with PhD Rania Labaki. Author of many research papers, academic and professional articles on family business, she has received several international awards in recognition of her contributions to the family business field. Her academic experience in teaching, research, and advisory roles spreads across continents.
On February 22nd 2016, Participants of the new class of the EDHEC Family Business GEMBA started their transformational journey.
EDHEC Business School has launched a charitable arm in this country. The aim of EDHEC UK is two-fold:
Fundraise for scholarships that will give the next generation of students access to an EDHEC higher education which they would not otherwise be able to afford.
Support budding entrepreneurs by offering them specialist advice, practical help and, if required, financial support.
EDHEC Risk Institute has been conducting research for several years on the possibility of reconciling financial and environmental performance.
Smart beta solutions, factor investing, multi-asset risk allocation, infrastructure, and hedge fund investing are among the topics to be presented at the EDHEC-Risk Days 2016 conference at The Brewery in London on March 15-16 next.
EDHEC Business School (EDHEC) has launched a new research unit, called the EDHEC Infrastructure Institute-Singapore (EDHECinfra), dedicated to reducing the knowledge gap that has been preventing the trillion-dollar infrastructure investment industry from becoming a major asset class for institutional investors.
On February 22nd 2016, Participants of the new class of the EDHEC Family Business Global Executive MBA (GEMBA) arrived at the Lille campus, ready to start their transformational journey.
EDHEC reinforces the research on Family Business with Fabian Bernhard, PhD who comes from Germany.
With a network of 37,000 + Alumni spread across the globe, EDHEC counts now with Asher Noor, one of Participants at the EDHEC Family Business GEMBA.
Paris, 25 January 2016 - The EDHEC Global MBA entered the Financial Times MBA rankings for 2016. It was ranked third globally and first in France on the demanding “Value for Money” criterion.
EDHEC Business School further strengthens its longstanding partnership with the CFA Institute by adding the Master in Management Financial Economics as Program Partner with the CFA Institute, the international association for investment professionals.
The EDHEC Family Business Global Executive MBA (GEMBA) is the sole programme in Europe designed for Family Business leaders. It offers a transformational journey, from a leadership development plan to a degree internationally recognized, designed to enhance and sharpen managerial skills to family business managers and next generation leaders.
The next intake of the Family Business Global Executive MBA program, starting on February 2016, will take place successively in Europe, America and Asia
Middle-sized firms play a fundamental role in the French economy in terms of value added, employment, growth and innovation. However, little is known on their corporate ownership and governance structures.
Building upon the success of the first seminar series, the second edition of the Yale School of Management–EDHEC-Risk Institute Certificate in Risk and Investment Management will start again from January 2016, both in London and New Haven.
By undertaking an ambitious reform of the EDHEC BBA, EDHEC positions itself as a game-changer that challenges the codes of bachelor programmes in Europe.
The Financial Times today published its overall ranking of European Business Schools, based on a combination of the individual rankings obtained on several criteria during the year, i.e. MBA, Executive MBA, Executive Education (inter- and intra-company programmes) and data on teaching faculties. EDHEC ranks 25th in Europe and 20th on average over the last four years.
An agreement between the European Parliament and the Council of the EU on a Regulation of financial benchmarks was found in the night of November 24 to 25, 2015.
The inaugural EDHEC-Risk Smart Beta Day, organised by EDHEC-Risk Institute in partnership with ERI Scientific Beta, will take place at The Plaza on Fifth Avenue in New York on December 15, 2015. The one-day conference will showcase the latest conceptual advances and research results in smart beta investing.
The next intake of the Family Business Global Executive MBA program, starting on February 2016, will take place successively in Europe, America and Asia
EDHEC Family Business Centre is happy to announce an agreement with The Louvre Endowment Fund
Becoming an entrepreneur during or just after studying: it's possible. This is what Nicolas Fayon told EDHEC students on Nice campus.
Terence Shanahan, Global Head of Syndicate at SGCIB welcomed new intake students enrolled in the EDHEC MSc in Corporate Finance & Banking.
Any investment process should start with a thorough understanding of the investor problem. Individual investors do not need investment products with alleged superior performance; they need investment solutions that can help them meet their goals subject to prevailing dollar and risk budget constraints.
EDHEC Business School is proud to announce a partnership with wir-Magazin. This parnertship is translated in several scholarships, up to € 15 000 off for EDHEC Family Business Global EMBA intake, on February 22nd 2016.
EDHEC is fourth for its Academic excellence, its International excellence and its Proximity to companies!*
Interview of Pierre-Mayeul de Nicolay, founder of the start-up Bring4You, a social shipping service.
The bottom line is – physical activity is good for your health. While sport is just another chore for many people, it offers a simple way of keeping in good physical and mental health. And you have to make remarkably little effort, for the benefits it brings…
Lille, Paris and Singapore: out of the 5 EDHEC Business School campuses, participants of the EDHEC Family Business GEMBA are already familiar with 3 of them. This week, they have just become acquainted with the Nice campus.
Organised by EDHEC Business School, Ecoles Centrales and ESSEC Business School, this international recruitment forum brings together international companies and Chinese speaking students and Alumni.
EDHEC Business School announces the renewal of its partnership with Capgemini Consulting on the MSc in Strategy & Organisation Consultancy for a period of three years.
EDHEC TI&CD (Talent Identification & Career Development), a unique career programme, has been shortlisted for the category of ‘Nurturing Employability’ in the Wharton-QS Stars Reimagine Education Awards 2015.
Michel Haddad, a 34-year-old next gen from Lebanese family business Technica, is one of a growing number of GEMBA participants prepared to travel huge distances to study.
At the Asia Pacific Family Office Conference held by Campden Wealth in Hong Kong, Fabian BERHNARD, EDHEC Associate Professor in Family Business, will present his latest research on family business nextgen education
Paris, 16 October 2015 – The EDHEC MBA continues to rise in The Economist's worldwide ranking, now ranked 10th in Europe and 3rd in France (behind INSEAD and HEC). It ranks 34th worldwide, having moved up 10 places since 2014.
On Thursday 19 November, 2015, Dr. Frédéric Blanc-Brude, Research Director at EDHEC Risk Institute–Asia, Singapore, will be participating in OECD-Euromoney Long-Term Investment Finance Conference as a panelist in the session on "Infrastructure Investment: Moving from Niche Investment to Mainstream".
Frédéric Ducoulombier, Director, EDHEC Risk Institute – Asia, will be speaking on the topic "From Smart Beta to smart allocation: New approaches to defensive equity investing for insurers" at the 4th Asia Investment Management Summit for Insurance. This event will take place in Hong Kong on 27-28 November 2015.
News from LegalEdhec Research Centre
On 28 September, the 3rd graduation ceremony of the EDHEC PhD in Finance programme was held on EDHEC Business School's London Campus in the presence of families, programme participants, faculty, and staff members.
In the context of the FFI Global Conference held in London in October, Sylvain DAUDEL has presented Pandora®, the serious game for family business
Since the start of the 2015 academic year, pre-master students have been experiencing their new School through the CO-OP TOUR and its focus on engagement and co-operation.
SwissLife AM, Hermes GPE and GARP welcome 38 students from China, Morocco, Vietnam, Czech Republic and France in the EDHEC MSc in Risk & Finance in London.
In a new study entitled “Active Allocation to Smart Factor Indices”, drawn from the eponymous Rothschild & Cie research chair, EDHEC-Risk provides a formal empirical analysis of the benefits of strategic and tactical allocation to multiple equity smart factor indices in a context where relative risk with respect to the cap-weighted indices needs to be explicitly controlled for.
Twelve executive track participants and one residential track student have joined the 2015 entering class of the EDHEC PhD in Finance.
Research about a "whole-person learning”—an experiential pedagogy focused on the acquisition of cognitive, emotional, and social skills—is a relevant approach to next-gen development.
Paris, 1 October 2015 ‐ EDHEC Business School announces the appointment of Michelle Sisto, PhD, as
Director of the EDHEC Global MBA, in Nice. She succeeds Emmanuel Métais, following his appointment
as Associate Dean of Graduate Studies at EDHEC Business School (Lille, Nice, Paris, London and
Professor Emmanuel Metais has been appointed Associate Dean for Graduate Studies at EDHEC Business School. He takes the responsibility for the programme Grande Ecole, the Master in Management and the Masters of Science representing close to 4 000 French and international students.
Having learned through the recent crises about the limited payoffs and significant risks of excessive reliance on security asset selection models, investment managers and institutional investors are showing unprecedented interest in asset allocation approaches as sources of performance.
Over 1,200 parents of students on the first year of the EDHEC Master and the EDHEC BBA visited the Lille campus on Saturday 26 September. Incubator, trading room, catering facilities and more… parents immersed themselves in the campus environment in which their children have been functioning since the start of the new academic year.
Lionel Martellini about the challenges EDHEC-Risk Insitute is facing in a changing environment.
An overwhelming success for this new digital certificate specifically developed by the EDHEC Corporate Relations for students studying for an MSc in Lille. Among the 90 students from five continents that officially applied, 50 of them have finally been selected.
Hélène Savalle, a participant in the Family Business GEMBA programme shares her experience and thoughts about the EDHEC Family business programme. Extract from the International New York Times
14 September 2015 – The Financial Times 2015 rankings of Masters in Management: EDHEC Business School ranked 18th worldwide and confirmed its position in the world Top 20, while also cementing its 4th place among French business schools.
In a new study drawn from the Lyxor research chair on “Risk Allocation Solutions”, EDHEC-Risk examines the relative efficiency of standard forms of practical implementation of the factor investing paradigm based on commonly used factors in the equity, fixed-income and commodity universes.
The new academic year got off to a fun start for some 800 students on the FE track. The combination of a treasure hunt and various artistic activities enabled new arrivals to get to know each other and discover the Nice campus. The Buddies Day, organised for the third consecutive year at the start of the FE track’s academic year, is designed to put an M2 student into contact with a group of M1, MiM or MSc students so that they can reap the benefit of the M2 student’s experience.
Each new academic year at EDHEC is decidedly different! Innovation is a key value and one transmitted to our students as soon as they arrive on the pre-master year. The result is the birth of the CO-OP TOUR initiative.
GEMBA Frequently Asked Questions
The acceleration of the digital transformation and widespread access to technological progress have entailed upheavals in corporate organisations and business models. edhec has decided to capitalise on this phenomenon by re-inventing digital training and specifically by launching the “digital explora certificate”, a disruptive training mechanism based on learning-by-doing and self-learning, and founded on pedagogical content produced jointly with corporate partners: www.explorabyedhec.com
Pandora®, the first « serious game » in corporate finance for family business. Interview with Sylvain DAUDEl.
EDHEC Business School strengthens interactive links with the business world. Learning and research programs are all geared towards the development of innovative methods with a use in business. Every year, EDHEC develops pioneering pedagogical tools to support leading international family-owned companies in the training of their managers and senior executives all around the world, which is what EDHEC for Business strategy is all about.
In the framework of the third module of the EDHEC Family Business GEMBA, at Singapore, the Family Business Network Asia (FBN Asia) and EDHEC Family Business Centre organized a successful networking venue.
EDHEC Business School is proud to announce a partnership with the International New York Times. This partnership is translated in 3 scholarships, up to € 15 000 off each for the EDHEC Family Business GEMBA programme.
Running for the first time since February 2015, the first class of the EDHEC Family Business GEMBA was in Singapore from July 27th to August 7th. As they are new at EDHEC, we wanted to show them the #power of the EDHEC Alumni network!
Everybody is welcome! Come and meet the Family Business Centre team and GEMBA Participants!
In February, EDHEC Business School launched its first Global Executive MBA (GEMBA) programme aimed at improving the core skills of future family business leaders.
In partnership with EDHEC, Stanford University and Euratechnologies offer an intense and very high-level training programme for the region called “The Stanford-Lille Innovation and Entrepre-neurship Program.”
"Take your dreams seriously and set out to conquer the world!"
News from the Research Centre.
The rankings for finance confirm EDHEC’s excellence and vindicate the School’s EDHEC for Business strategy.
2014 Finance Graduates Sivagaminathan Sivasubramanian, Marie Dumas, Elsa Fernandez and Lucie Dardart, received a prize for the best thesis at the EDHEC Master graduation ceremony held early June on the Lille campus.
The ultimate goal for a family business is to remain as such, i.e. to continue as a company and be successfully transmitted to the next generation. And if ways and solutions are unique to each family firm, the issues are similar to many… and the challenge awesome, if we consider the low inter-generation transmission rate.
In a survey of investment professionals conducted as part of the Amundi ETF & Indexing research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies,” EDHEC-Risk Institute has solicited the specific views of European ETF investors on “smart beta” exchange-traded funds (ETFs). This questionnaire has given rise to a study entitled “Investor Interest in and Requirements for Smart Beta ETFs.”
#EDHEC Global #MBA Class of 2014 Placement report now available!
This year’s EDHEC Rendez-vous was the most successful and most global yet – with alumni participating in 39 cities from Shanghai to Vancouver! Take a look at some of the highlights from the 25th edition of this exciting event, including the crowning of the EDHEC of the Year 2015.
Frédéric Ducoulombier, Business Development Director Asia ex-Japan and the Middle East at ERI Scientific Beta, has been invited to speak on smart beta at The Asset ETF Asia Summit 2015 in Taiwan on 7 July, 2015.
On 2 July, 2015, Noël Amenc, CEO of ERI Scientific Beta and Director of the EDHEC-Risk Institute, has been invited to speak on the subject of "New forms of ETFs and smart beta indices" at the 23rd annual conference organised by ACI Monaco (Financial Markets Association).
Over 1,500 students join the EDHEC ALUMNI community
Graduation day is a highly emotional moment, one to be shared with family, friends and members of the EDHEC community.
Representatives of top European and North American business schools converged on EDHEC’s Paris campus for the MaKi Paris Business Media Conference, 1 and 2 June, 2015.
Early May, farewell parties were organised on both campuses for EDHEC students to wish them the best of luck in their future endeavours.
EDHEC MSc in Risk & Finance Students, Arthur Bellot and Boris Le Deist won the LSF Wealth Management Case Study Competition 2015.
Within the scope of the Financial Economics track, the final of the Marketing & Innovation challenge was held on EDHEC’s Nice campus on 15 April for students taking the Marketing of Financial Services course.
Witness the magic of these exchanges in our new video.
EDHEC Intercontinental Honours Track students studying at the Lubin School of Business at Pace University in New York City had the chance recently to visit Samsung’s Manhattan-based Accelerator.
The Grand Final of EDHEC Open Innovation 2015 took place on 14 April on EDHEC’s Paris campus. A jury of five judges who work in business innovation and entrepreneurship selected three winners from eight student teams that made it to the grand final of the competition, which spanned 12 weeks in all.
Following the success of the second edition of the EDHEC-PRINCETON "Academia meets Practice" Conference, which attracted more than 150 finance professionals in 2013, EDHEC-Risk Institute and Princeton University will be organising the 2015 edition of the conference at The Princeton Club of New York on 23 April, 2015.
On the occasion of the EDHEC-Risk Days conference, which took place in London on March 24 and 25, 2015, Tomas Franzén, Chief Investment Strategist with the Swedish national pension fund AP2 and chairman of EDHEC-Risk Institute’s International Advisory Board, announced the resignation of Professor Noël Amenc from his role as Director of EDHEC-Risk Institute.
The EDHEC FE Event on Nice campus welcomed Gaëtan Lupinacci, Vice-President at Société Générale CIB for a conference on the theme “What you need to know about Commodities Hedging: A focus On Oil”.
In a new publication entitled “Accounting for Geographic Exposure in Performance and Risk Reporting for Equity Portfolios”, EDHEC-Risk Institute underlines the usefulness of analysing the performance and risks of portfolios, by taking into account their geographic equity exposure based on real economic activity and not only on their place of listing or, more generally, the nationality assigned to them in market indices.
Kirill Fedyunin, MSc in Corporate Finance & Banking student ranks in the top 5 in Europe of the Bloomberg Aptitude Test ranking.
The EFMD has renewed EDHEC Business School’s EQUIS accreditation for five years based on a specific audit mechanism reserved for schools that have already been accredited for five years on three consecutive occasions.
EDHEC Family Business Research: "Family Businesses and Debt: Shifting Towards a New Paradigm", an EDHEC Business School Publication Financial Analysis and Accounting Research Centre & EDHEC Family Business Centre. Philippe FOULQUIER, PhD.
A new paper entitled “The Valuation of Privately-Held Infrastructure Equity Investments,” drawn from the Meridiam and Campbell Lutyens research chair at EDHEC-Risk Institute on “Infrastructure Equity Investment Management and Benchmarking,” contributes a rigorous valuation framework to the debate on the benchmarking of privately-held infrastructure equity investments. The study also proposes a parsimonious data collection template, which can be used on an industry-wide basis to improve existing knowledge of the performance of privately-held infrastructure equity investments on an ongoing basis.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2014, a comprehensive survey of 222 European ETF investors. The survey was conducted as part of the Amundi ETF & Indexing research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies.”
In privately-held firms, members of the business-owning group vary in the degree to which they actively assist the firm by mobilizing their networks on the firm’s behalf. We find a small statistically significant relationship between family firm identity and quality of relationships, but with neither shared vision nor network mobilization.
In an open letter addressed to the Chair of the European Parliament ECON committee, Roberto Gualtieri on February 20, 2015, EDHEC-Risk Institute has expressed its concern about the new draft text which is being proposed for a vote by the committee on March 9, which plans to remove all obligations of transparency from the initial project for regulation of indices used as benchmarks.
Frank Fabozzi has been awarded the James R. Vertin Award by the CFA Institute Research Foundation, a not-for-profit organization that sponsors independent research for investors and investment professionals around the world.
EDHEC is proud to be the first business school in Europe to offer a uniquely-tailored Executive MBA to next generation family business leaders.
Over two days, EDHEC and student associations, organised numerous activities and a show to celebrate the Chinese New Year.
Any investment process should start with a proper understanding of investors' problems. Individual investors, just like institutional investors, do not need investment products with alleged superior performance. They need investment solutions that could help them meet their goals subject to a number of monetary and risk budget constraints.
Fixed-income investing, factor-based investment strategies, smart beta and multi-index allocation, infrastructure, commodities and hedge fund investing are among the topics to be presented at the EDHEC-Risk Days 2015 conference at The Brewery in London on March 24-25 next.
We interviewed Nathalie Columelli, Chair of the University Relationship Committee who presented the benefits of holding the CFA designation to EDHEC Financial Economics students.
We are happy to announce the first intake of EDHEC Family Business Global Executive MBA (GEMBA) is taking starting on February 23rd 2015 in France. Participants come from all over the globe, including Oceania, Scandinavia, and EMEA countries.
The Music’All and OJO associations are teaming up with EDHEC, BETC and EY to organise a special handicap day on EDHEC’s Lille campus on 4 February.
EDHEC Family Business Centre is pleased to announce an agreement with the Family Firm Institute designed to reinforce the relationship and development of a family enterprise through education. This agreement is translated into 3 joint scholarships offered for the EDHEC Family Business GEMBA Programme.
Rothschild & Cie and EDHEC-Risk Institute have announced the creation of a new research chair at EDHEC-Risk Institute entitled “Active Allocation to Smart Factor Indices.”
EDHEC Business School has launched the EDHEC Family Business Global Executive MBA (GEMBA), the first Executive MBA in Europe focused on family business.
The EDHEC Family Business Centre, a research and training centre for family-owned firms, is also pleased to announce a scholarship programme with family business communications network TrustedFamily.
EDHEC offers a portfolio of excellent academic programmes and the school’s corporate sponsorships with companies such as SwissLife AM, Unilever, Groupe SEB, PwC, Société Générale, Capgemini Consulting and Carrefour, are another huge draw for students, especially international students looking for jobs in global firms
EDHEC has partnerships with 120 global companies though the EDHEC Business Club, which serves to connect companies with EDHEC resources: professors, business research, alumni and, well-trained and job-ready students.
EDHEC Business School is proud to announce a partnership with the International New York Times. This parnertship is translated in several scholarships, up to € 15 000 off for EDHEC Family Business Global EMBA first intake, on February 23rd.
The renowned Cirque du Soleil is the patron of the 2014 MSc in Creative Business Class.
Richard Apostolik, President and CEO of GARP, the Global Association of Risk Professionals gave a conference to EDHEC Financial Economics students on Nice campus last November.
Students in EDHEC Business School’s Masters in Management programme recently participated in the Capstone business simulation exercise, an interactive platform that allowed them to test their strategic assumptions and learn from tactical mistakes in a positive team environment.
Société Générale renews its partnership with EDHEC as a Corporate Programme Sponsor of the MSc in Corporate Finance & Banking.
Capital allocation is a central issue for family firms as their access to external resources is typically lower and thus exerting further pressure to optimally allocate capital among competing business units. So, how do firms allocate resources across business units?
Financiers and economists have speculated about the factors that may explain the documented large differences in productivity across firms. Differences in productivity are a central topic for family firms as they face the classic trade-off of family ownership.
The success or failure of satisfying investors’ objectives does not critically depend upon the stand-alone performance of a particular fund nor that of a given asset class. It depends instead upon how well the performance of the investors’ portfolios dynamically interacts with the risk factors impacting the present value of investors’ goals as well as the present value of non-tradable assets and future income streams, if any.
Family-owned firms are a major feature of the business landscape worldwide, from Europe to Asia to the Americas. They dominate the global corporate landscape, but little is known about their relative performance.
Muhammad Yunus founded the world’s leading micro-credit institution, Grameen Bank. EDHEC managed to interview Yunus at the World Forum in Lille in October, an event co-sponsored by EDHEC.
We interviewed professor Martellini following his conference on Smart Beta and the prominent role of EDHEC-Risk Institute in this domain.
EDHEC Business School is committed to helping participants meet the financial requirements to obtain their Global EMBA in Family Business. EDHEC is proud to announce several scholarship programmes, up to € 15 000 off for EDHEC Family Business Global Executive MBA, on February 2016.
A new EDHEC-Risk Institute publication entitled “Risk Allocation, Factor Investing and Smart Beta: Reconciling Innovations in Equity Portfolio Construction,” drawn from the Amundi ETF & Indexing research chair at EDHEC-Risk Institute on “ETF and Passive Investment Strategies,” shows that it is possible to reconcile the performance of smart beta with control over the risk of the investment.
True to the EDHEC for Business strategy, the NewGen Talent Centre has unveiled the first results from a new survey concerning the best ways to integrate and retain today’s new generation of talent, one that has a reputation for being demanding, impatient anddisloyal.
Meet Dean of Faculty and Research Christophe Roquilly
"My main objective is to continue to recruit top professors and to ensure that EDHEC research has an impact – in France and beyond."
SwissLife AM, one of the world's leader in risk management, is the new coporate partner of the Master of Science in Risk & Finance, EDHEC's part-time programme that prepares students for global careers in risk management and finance.
The EDHEC Career Centre has specifically designed for MIM and MSc students a 'quick immersion' career programme to confront them with the highly selective recruitment process in finance, marketing, industry and consulting among others.
EDHEC Business School is the 4th top French Grande Ecole in the 2014 Financial Times Masters in Management classification released 15 September 2014. This year, EDHEC moved ahead of EMLyon, another French Grande Ecole.
Nikolaos Tessaromatis, Professor of Finance at EDHEC Business School and Member of EDHEC-Risk Institute, recently participated in the 2014 European Financial Management Association Conference, organised in Rome on 25-26 June, 2014, where he presented his paper entitled, "Global Portfolio Management Under State Dependent Multiple Risk Premia", co-authored with Timotheos Angelidis.
6,000+ EDHEC Business School students are expected to return to campuses in Lille, Nice, Paris, London and Singapore during the month of September.
A new paper entitled “Unlisted Infrastructure Debt Valuation and Performance Measurement”, drawn from the Natixis research chair at EDHEC-Risk Institute on the “Investment and Governance Characteristics of Infrastructure Debt Instruments,” proposes the first academically robust, yet operationally implementable valuation and risk measurement framework for illiquid infrastructure debt.
On-line reviews are frequently used by consumers to make a judgment on products before purchase. The number of these reviews and the scope of their influence have increased lately due to the spread of social media such as Facebook and Twitter.
Latest research argues that the Australian superannuation industry could be further strengthened by the development of an industry-led reporting standard and certification scheme.
In the Harvard Business Review Blog, Monique Valcour’s latest article gives tips to managers on how to best communicate with their team.
The EDHEC MSc in Marketing Management welcomed Séan James O’Kane (EDHEC 2012) from Nintendo for a presentation on the video game industry and product management.
Carrefour deepens its ties with EDHEC Business School by becoming a Corporate Programme Sponsor of the MSc in Marketing Management
EDHEC Business School is proud to announce that Professor Monique Valcour has won the 2014 Rosabeth Moss Kanter Award for her contribution to the field of study related to work-family balance.
EDHEC is proud to announce that Professor Monique Valcour has won the 2014 Rosabeth Moss Kanter Award for her contribution to the field of study related to work-family balance.
EDHEC is proud to announce that its MSc in Financial Markets ranks 3rd in the world in the 2014 Financial Times Masters in Finance ranking.
Two EDHEC students win the SFAF prize in the International Competition of Master Degree Theses on Economics and Finance
EDHEC Professor Björn Fasterling presented two papers at the 2014 EBEN Conference in Berlin
A 250km course including a total climb of 10,000 metres subjected competitors in the 21st EDHEC Trail Race to a steep challenge.
In a new study entitled “Towards Conditional Risk Parity – Improving Risk Budgeting Techniques in Changing Economic Environments”, drawn from the Lyxor research chair on “Risk Allocation Solutions,” EDHEC-Risk Institute develops a conditional approach to risk parity, which contrasts with standard unconditional risk parity portfolios based on historical volatility estimates.
Ever a pioneer, EDHEC Business School has teamed up with Europe’s leading crowdfunding specialist, MyMajorCompany, to use crowdfunding to help three young Edhec students turn their dreams into reality !
Participants in the EDHEC Advanced Management Programme, designed for executives in exercise and delivered on EDHEC’s Paris campus, are spending a week aboard the Mistral for an exceptional “Managing Under Pressure” seminar.
In a new position paper, EDHEC-Risk Institute argues that benchmarking long-term infrastructure investments has become a sine qua non to match the supply and demand of long-term capital, improve asset allocation outcomes for investors, adapt prudential regulation and support economic development. It then details a roadmap towards infrastructure investment benchmarks and presents recent advances.
This intensive programme teaches entrepreneurs how to make a profit from their innovations faster and how to synch innovation projects with market fluctuations for better results. At the end of the programme, participants receive a certificate from Stanford – a name that stands out in the digital business world.
As a part of national financial arrangements for higher education, income contingent student loans have been implemented in many countries (Australia, Sweden, South-Africa Republic, England Thailand, etc.). These schemes are generally collected through income taxation system and are repaid only when the current income exceed a specified level.
EDHEC Family Business Global Executive MBA is an innovative programme crafted for next generation family business leaders.
EDHEC Business School will begin offering its highly-regarded Executive MBA programme on its Paris campus – an elegant learning centre at the heart of the city’s financial district – in early 2015.
EDHEC-Risk Institute and the EDHEC Career Centre have partnered to offer oustanding students of Financial Economics special training and preparation in the asset management recruiting process.
Paris, 18 May 2015 - in the Financial Times Executive Education rankings out today, EDHEC Business School is 2nd in France and 17th in the world for its custom programmes, a position that corroborates the quality of its Executive Education programmes for executives and business leaders.
In a new study produced as part of the BNP Paribas Investment Partners research chair on “Asset-Liability Management and Institutional Investment Management,” EDHEC-Risk Institute attempts to assess the views of pension funds and sponsor companies as they relate to their reactions to dynamic liability-driven investing (LDI) strategies and their desire to integrate this approach into their processes.
Anne Bouttier, international sales manager at Dailymotion, was on campus to present her role and discuss the business environment of the company to EDHEC MSc in Marketing Management students.
Nespresso France executives Nathalie Gonzalez, marketing director, and Martine Varieras, director of Operations, discussed customer service management with students.
In a new publication entitled “Improved Risk Reporting with Factor-Based Diversification Measures,” EDHEC-Risk Institute encourages institutional investors to look carefully at the effectiveness of their portfolio diversification. CACEIS supports the research chair on “New Frontiers in Risk Assessment and Performance Reporting” in which this research was produced.
The FE Events welcomed Jérôme Deflesselles, Head of Renewable Energies at Société Générale, to give EDHEC students an insight on a specific project finance investment: offshore wind.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2013, a comprehensive survey of 207 European ETF investors. The survey was conducted as part of the Amundi ETF & Indexing research chair at EDHEC-Risk Institute on “Core-Satellite and ETF Investment.”
The third edition of the FE Events welcomed Laurent Pallanca, portfolio manager at Lombard Odier IM, to answer the question on how to building robust investment processes.
Between August and November 2013, EDHEC-Risk Institute surveyed 109 institutional investors from across Europe, including Europe’s largest pension and reserve funds, insurance and provident institutions and their asset management subsidiaries, to document their expectations and requirements with respect to index transparency and take stock of their perceptions of, and the extent of their support for, the main directions of the ongoing regulatory debate on indexing and financial benchmarks.
EDHEC Business School has signed a new partnership with Boston University School of Management for the MSc in Global Business.
Yale School of Management and EDHEC-Risk Institute are pleased to announce the launch of a joint Executive Seminar series in the United States and Europe.
A conference organised by the LegalEDHEC Research Centre assembled over 250 professionals in Paris on 11 February in order to discuss current trends in legal risks and compliance.
The student association, EDHEC FE Club, organised a conference about the 2013 Economic Nobel prizes to introduce students to the work of the Nobel laureates Eugen Fama, Robert Shiller and Lars Peter Hansen, who were awarded for "their empirical analysis of asset prices”.
On 11 February, some 200 human resources professionals celebrated EDHEC Business Club’s 10th anniversary on EDHEC’s Paris Campus. More about this great night.
The EDHEC Executive MBA and MBA Graduate Ceremony for the class of 2013 will be held on Friday, March 28 from 5.30pm to 9.30 pm in Lille
For its first 2014 conference, EDHEC FE Events hosted Laurent Degabriel from ESMA for a conference on the theme "Financial regulation in Europe: is this the end of the storm?"
Smart beta investing, efficient risk diversification, liability driven investment (LDI) strategies, infrastructure and fixed income investing are among the topics to be presented at the EDHEC-Risk Days Europe 2014 conference at The Mermaid Conference & Events Centre in Blackfriars, London on March 25-26 next.
This paper presents various strategies which physical goods producers can adopt in order to exploit their resources and their knowledge capital accumulated over the course of time as profitably as possible
EDHEC-Risk Institute is pleased to announce that two new members have joined its international advisory board, which brings together distinguished scholars, representatives of regulatory bodies as well as senior executives from business partners and other leading institutions.
Organised by an academic research centre for the benefit of professionals, EDHEC-Risk Days Europe presents the research conducted by EDHEC-Risk Institute and discusses it with the institutional investor and fund manager communities.
We interviewed Geert Demuijnck, professor of Business Ethics at EDHEC Business School, who speaks about the 26th Annual Conference of the European Business Ethics Network (EBEN), which took place in Lille last Steptember.
Amazon, Capgemini Consulting, Coca-Cola, L’Oréal, Microsoft, Ubisoft, Uniqlo, PwC, Société Générale or Whirlpool were among the 110 companies that participated to the EDHEC Job Forum, the largest recruiting event of EDHEC students.
"We join our South African friends and partners and the entire world in our sense of loss and sadness on the death of Nelson Mandela. We will continue to honor his legacy and keep his principles of diversity, fairness and humanity alive." Emmanuel METAIS, Director EDHEC Global MBA
The Global MBA programme at EDHEC Business School ranks second in Europe for gender equality and fourth in France for overall best performance, according to a recent survey of more than 4,000 employers by QS TopMBA.com, a website that provides information on MBA programmes to prospective students.
EDHEC-Risk Institute is pleased to announce that five new members have joined its international advisory board, which brings together distinguished scholars, representatives of regulatory bodies as well as senior executives from business partners and other leading institutions.
The Perspectives Lunch, an annual event that helps to forge new links between the business and education world, took place on 5 November at the Maison des Arts et Métiers in Paris. Ninety human resources officers and university and business school relations officers from various industries took part.
This study analyses the effect of the new LTGA spread risk calibration on bond management.
The European Fund and Asset Management Association (EFAMA) recently ventured that the European Securities and Markets Authority (ESMA) had exceeded its powers and mandate by issuing “quasi-regulation (...) on topics which were not previously regulated at EU level.”
The EDHEC NewGen Talent Centre, inaugurated on 30 May, has already published two studies, organised a total of five conferences in Paris, Nice and London, and garnered more than 20 mentions in the press.
EDHEC-Risk Institute has exported its popular conferences (EDHEC-Risk Days Europe and Asia) for finance professionals to the United States with the goal of sharing the Institute’s research in investment management and risk management with an even wider audience.
On 14 October, this extraordinary concert, sponsored by Jean-Claude Casadesus, director of the Orchestre National de Lille, drew nearly 500 people to the auditorium on the Lille campus,which was equipped with a magnificent Steinway & Sons grand piano.
On 9 October, on the Lille campus, Alain Juppé was welcomed by the members of L’Agora, EDHEC’s student-run debate and speaking society, for a talk entitled “Toward the End of History?”
Earlier this month, Société Générale, Corporate Programme Sponsor of the MSc in Corporate Banking & Finance, was on the Nice campus for a conference on banking industry dynamics after the crisis.
EDHEC-Risk Institute and Lyxor are launching a three-year research chair entitled “Risk Allocation Solutions” to develop academic insights that can be used towards the design of high-performance multi-asset investment solutions, based on specific investor needs.
Often stigmatised, as they are unfamiliar to the public at large, family firms, regardless of their size, account for more than 83 percent of companies in France* and thus play a predominant role in the French economy, especially in times of crisis.
In a paper produced as part of the research chair on “The Case for Inflation-Linked Corporate Bonds: Issuers’ and Investors’ Perspectives” at EDHEC-Risk Institute, supported by Rothschild & Cie, EDHEC-Risk researchers have provided a comprehensive analysis of the sources of added-value of corporate bonds for institutional investors.
Students in the Financial Economics track got a chance to meet with the representatives of 40 banks, investment firms and major multi-nationals at the annual Finance Career Day, held this year the 19 and 20 of September on EDHEC's Nice campus.
A new study from EDHEC-Risk Institute, entitled “The Local Volatility Factor for Asian Stock Markets,” has shown that using US VIX to hedge the volatility risk of Asian portfolios is not particularly effective.
Earlier this month, EDHEC Business School had the great honour of hosting the annual conference of the European Business Ethics Network (EBEN) on its campus in Lille.
The Financial Times rankings, always eagerly anticipated, rank the 70 top Masters in management worldwide.
September marks the new academic year for EDHEC’s MBA students on the school’s Lille and Nice campuses.
Despite the troubled economy, EDHEC’s MBA programmes are continuing to grow: 80 students, representing 35 different nationalities, in the Global MBA and 20 new participants, one-third of them internationals, in the Executive MBA in Lille.
September 2013 – EDHEC Business School begins the academic year with exciting announcements regarding new administrative appointments, new academic programmes and partnerships, and the inauguration of a new building extension that will add 5 000m2 of classroom and office space to the Nice campus.
Earlier this year EDHEC-Risk Institute organised two conferences, EDHEC-Risk Days Europe and EDHEC Risk Days Asia, which welcomed over 1500 delegates. The audience included institutional investors, private bankers, family offices and institutional money managers, in addition to over 70 speakers and panelists composed of industry professionals.
This paper produced as part of the NATIXIS research chair on “Investment and Governance Characteristics of Infrastructure Debt Instruments,” is the first of a series discussing the opportunity for long-term institutional investors such as pension funds, insurance companies or sovereign wealth funds, to invest in large portfolios of infrastructure debt, both to manage their liabilities and to enhance yield.
To support the build-up of a strong, home-grown cohort of financial sector and capital market leaders within ASEAN countries and the wider Asia-Pacific region, EDHEC Risk Institute–Asia is creating a scholarship scheme aimed at facilitating the participation of outstanding professionals in the executive track of its doctoral programme in Singapore.
He is also head of the EDHEC Economics Research Centre, one of four business-oriented research centres that exemplify EDHEC’s “Research for Business” strategy.
PARIS, June 2013 – Public finance was the theme of the 2013 EDHEC Research Day, an annual conference where EDHEC Business School professors present research and share innovative proposals to improve public policy in France and beyond.
Web retail pioneer Catherine Barba has found success in the digital world of e-commerce, but most of her business decisions are based on the creative spirit and abilities of people, not technology.
Valérie Duplat, an assistant professor of strategy at the EDHEC Business School, has been named one of five 2013 Junior Professor Award recipients by the Fondation Nationale pour l'Enseignement de la Gestion des Entreprises (FNEGE).
EDHEC Business School celebrates the recent decision by the global Association of Executive Search Consultants (AESC) to promote gender diversity on corporate boards by adopting a code of ethics that promotes diversity and by providing immediate access to some 7,500 executive women to the association’s executive search community.
Policy makers increasingly wish to see institutional investors become more involved in the financing of the real economy, but matching the supply of long-term capital provided by such investors with long-term investment demand is not self-evident and requires a policy and regulatory focus on the type of instruments that long-term investors need, rather than which sectors of the economy qualify as 'long-term' investment.
In order to play their role in a sustainable way, Asian pension systems must be deeply reformed. There is a double constrain: a strong ageing population and a fertility below the replacement rate. This constrain represents a high risk of insolvency for these systems.
Young graduates and students who have been looking at multinational or investment bank career websites or talking to their young employees to search for a job have probably come across words such as “graduate programmes”, “rotational programmes”, and “future manager programmes”.
In the Harvard Business Review Blog, Monique Valcour, Professor of Management comments the “ripple effect”. There is actually a strong scientific evidence that a mindset of generosity radiates to yield broad gains. As a manager, one may thus offer ways to generate positive, productive energy through employees at one’s workplace and through their work-life networks.
The September 2013 intake of the EDHEC Global MBA will be the first to appreciate several innovations regarding the campus, placement, professors and environment.
The placement report for last year’s EDHEC Global MBA class is now out and the figures are very positive for both international and national recruitment. Europe is the top employment destination for EDHEC Global MBA talents, defying the region’s image of economic downturn and tight labor legislation. It is worth reminding that in The Economist MBA ranking 2012, EDHEC MBA students and alumni rated EDHEC Global MBA Career Services 4th in the world and 1st in France (with a score of 4.3/5).
EDHEC-Risk Institute welcomes the Principles for the Regulation of Exchange Traded Funds (ETFs) released by the International Organisation of Securities Commissions (IOSCO) on 24 June 2013, which are broadly consistent with EDHEC-Risk Institute’s research on ETFs and recommendations , but deplores the timidity of the organisation’s proposals on index transparency and calls on regulators and index providers to adopt standards on par with those recently defined for European Undertakings for Collective Investment in Transferable Securities (UCITS).
Mixed results for latest EDHEC job survey.
Over 80 EDHEC MBA Alumni from 18 countries attended the 2013 EDHEC MBA & EMBA Refresher on 7 June. Held at EDHEC’s executive campus in the heart of Paris, the Refresher was a unique opportunity for alumni from EDHEC’s MBA and Executive MBA programs to “refresh” their management skills and extend their professional contacts to a broader network of EDHEC MBA graduates.
The EDHEC Alum of the Year 2013 has been awarded to Michael Burke CEO of Louis Vuitton who through his professional experience has made the greatest contribution to EDHEC’s growth and international renown. The prize was awarded at the annual EDHEC Rendez Vous in Paris, the alumni reunion that takes place simultaneously on five EDHEC campuses and twenty-five cities around the world and streamed live over the Internet.
EDHEC Global MBA applications will be received throughout summer to allow candidates time to take their GMAT test over the summer period. The class profile for the September 2013 intake is being shaped according to the usual profile with average age 32 and average work experience 7-8 years. Diversity is the key word once again with an impressive 34 nationalities currently represented so far...
Yale School of Management and EDHEC-Risk Institute are pleased to announce the launch of a joint Executive Seminar series in the United States and Europe.
Publication of inaugural study comparing the expectations of the latest generations and the needs of employers
Over 80 EDHEC MBA Alumni from 18 countries attended the 2013 EDHEC Global MBA & Executive MBA Refresher on 7 June. Held at EDHEC’s executive campus in the heart of Paris, the Refresher was a unique opportunity for alumni from EDHEC’s Global MBA and Executive MBA programs to “refresh” their management skills and extend their professional contacts to a broader network of EDHEC MBA graduates.
Two EDHEC student associations take prizes at the Best Student Association Competition organised by Ernst & Young
From 13 to 16 May, participants in the Management Development Programme (blended learning) on EDHEC’s Nice and Paris campuses had the chance to take part in an altogether unusual team-building seminar on management under pressure.
The world rankings published by the Financial Times confirm EDHEC’s position among the top global business schools.
MSc in Marketing Management students attended a session focusing on best practices in strategic marketing from Jean-Yves Courtois, co-founder, chairman and CEO of Orolia, in a CRM course led by professor Jean-Pierre Dolait. The students also discovered the Real TelTech story, which was used as a business case during the CRM course.
EDHEC made Singapore the destination of its first family business trip: one intense week of encounters and discussions with leaders of local businesses and of global corporations with offices in Asia.
The EDHEC-Princeton Institutional Money Management Conference 2013 was held at the Princeton Club of New York in New York City on April 3, 2013. We talk with Lionel Martellini, Professor of Finance at EDHEC Business School and Scientific Director of EDHEC-Risk Institute, about the partnership project between EDHEC-Risk Institute and the Operations Research and Financial Engineering (ORFE) department at Princeton University.
In a new Harvard Business Review article entitled ‘The Dual-Career Mojo That Makes Couples Thrive’, professor Monique Valcour discusses issues faced by couples when it comes to careers.
Sports and sailing, competition and adrenaline, good times and combativeness—these are the words to describe the fine blend that has made the EDHEC Sailing Cup’s reputation.
Debates on the governance and transparency of indices and risks and regulation in the Asian investment industry will be high on the agenda of the EDHEC-Risk Days Asia 2013 conference at The Ritz Carlton in Singapore on May 15-16 next.
M1 students of the Financial Economics Track have been working hard since January towards the grande finale that took place mid-April on the Nice campus. This year's edition of the challenge introduced a new concept where students had to work either on an existing service or product or develop their own idea.
With the graduate job market becoming increasingly more competitive as a result of the financial and economic crisis, skimming through the Vault Guide may no longer be enough to land a job in the financial services industry.
The EDHEC Career Centre boasts a dedicated team working towards a common goal: helping students achieve their career objectives throughout their studies at EDHEC and after graduation.
As part of the strategic leadership seminar, Valérie Petit, professor of leadership at EDHEC, organised a conference on leadership, women and diversity.
A new study produced as part of the BNP Paribas Investment Partners research chair on “Asset-Liability Management and Institutional Investment Management,” provides comprehensive insights into all of EDHEC-Risk Institute’s research on dynamic allocation in asset-liability management.
The lecture hall was packed: Frédéric Beigbeder, the French writer and literary critic, accepted an invitation from l’Agora, EDHEC’s student-run debate and opinion society, and appeard on Wednesday, 3 April, for a talk on EDHEC’s Nice campus.
The ESPEME Job Forum took place on Tuesday, 19 March, on the Nice campus and on 26 March in Lille.
Fabrice Porchier (EDHEC 2002), brand and marketing manager in charge of the BMW i. project was on campus in Lille for the grande finale.
This new research is drawn from the Newedge research chair on “Advanced Modelling for Alternative Investments” at EDHEC-Risk Institute.
On Monday, 25 March, on EDHEC’s Lille campus, l’Agora, the student-run debate and discussion society at EDHEC, played host to the lawyers Éric Dupond-Moretti and Thierry Herzog.
The ESPEME graduation ceremony took place Saturday, 23 March 2012, on the Lille campus, while the Nice ceremony will take place Saturday, 30 March.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2012, which represents a comprehensive survey of 212 European ETF investors. The survey was conducted as part of the Amundi ETF research chair at EDHEC-Risk Institute on “Core-Satellite and ETF Investment.”
The sixth edition of the Etoiles de la Pub was held Friday, 22 March, at the Théâtre Sébastopol in Lille
On Saturday, 16 March 2013, at the Palais des congrès de Paris, 914 members of the 2012 EDHEC Grand École and MSc graduating class received their degrees
In research published today entitled, “Smart Beta 2.0,” EDHEC-Risk Institute is seeking to draw the attention of investors to the risks of traditional smart beta equity indices and propose a new approach to smart beta investing to take account of these risks.
EDHEC and EDHEC Network have launched initiatives to develop women leadership, and careers.
In the context of the ongoing regulatory debate on financial benchmarks and the recent consultations by the International Organisation of Securities Commissions (IOSCO) and the European Securities and Markets Authority (ESMA)/European Banking Authority (EBA), EDHEC-Risk Institute wishes to underline that transparency is both crucial to allowing users to assess the risks, relevance and suitability of indices and the most powerful tool to mitigate conflicts of interests existing across the indexing industry.
On Wednesday, 6 March 2013, on the Lille campus, L’Agora, EDHEC’s student-run debate and speaking society, played host to Cédric Klapisch. Klapisch, a director, actor, producer, and screenwriter, is now a major figure in contemporary French cinema.
In a study entitled “Assessing the Quality of Asian Stock Market Indices,” researchers at EDHEC-Risk Institute have reported results for 10 major Asian stock market indices over the past decade.
Paulien Peeters, MSc in Marketing Management student from Belgium won the 2013 Marketing Genius competition in the Student category last December.
EDHEC MSc in Marketing students learned detailed CRM practices from Bruno Didier, former vice-president, marketing (Europe, Middle East, and Africa), Apple Inc.
In a survey entitled ‘Reactions to “A Review of Corporate Bond Indices: Construction Principles, Return Heterogeneity, and Fluctuations in Risk Exposures”’ researchers at EDHEC-Risk Institute have analysed industry reactions to a previous EDHEC-Risk study on corporate bond indices and confirmed that investors are dissatisfied with the indices currently on offer.
Thursday, 7 January—EDHEC threw open the doors of its Nice campus to present the EDHEC Global MBA, the global master’s in business administration of EDHEC Business School
Unilever, one of the world's leading consumer products companies, has been the corporate programme sponsor of EDHEC's MSc in Marketing Management since 2010.
Debates on the governance and transparency of indices and European reform proposals for pension fund management will be high on the agenda of the EDHEC-Risk Days Europe 2013 conference at The Brewery in London on March 26-27 next.
Professor Florencio Lopez-de-Silanes, Scientific Director of the EDHEC Family Business Center, inaugurated the first EDHEC Family Business conference on EDHEC’s Executive Campus in Paris on Wednesday 30 January in the presence of Philippe Oddo, Managing Partner of the bank Oddo&Cie. The conference focused on the theme “Options for Measuring Family Business Performance”
Professor Florencio Lopez-de-Silanes inaugurated the first EDHEC Family Business conference on EDHEC’s Executive Campus in Paris on Wednesday 30 January in the presence of Philippe Oddo, Managing Partner of the bank Oddo&Cie. The conference focused on the theme “Options for Measuring Family Business Performance”
In an open letter to European Commission President, José Manuel Barroso on January 30, 2013, Professor Noël Amenc, Director of EDHEC-Risk Institute and Professor of Finance at EDHEC Business School, has reiterated EDHEC-Risk Institute’s opposition to a ‘Tobin’ or financial transactions tax (FTT).
Axel Dauchez, CEO of Deezer, told the story of “the French start-up that set out to conquer the world.”
The annual EDHEC Job Forum took place on 11 January in Paris. It is the largest event organised by the School’s Career Centre, which saw more than 110 multinational companies discussing about their job and internship opportunities with our students. More than 1,500 EDHEC students took part in this event.
In a summary document that concludes three years of research on better management of non-financial risks within the European fund management industry – conducted with the support of CACEIS – EDHEC-Risk Institute is putting forward a series of proposals to limit these risks which emerged during the 2007-2008 crisis and undermined the quality of the UCITS label.
EDHEC-Risk Institute was honoured last November with a "Highly Commended" distinction in the European Thought Leadership category at the Funds Europe Awards 2012.
The Bank of Finland organised last November in Helsinki jointly with the Oesterreichische Nationalbank an international conference ("CEEI 2012 – Conference on European Economic Integration: Achieving balanced growth in the CESEE countries").
Tuesday, 22 January, the ESPEME Student Career Centre organised the year’s latest event centred around particular professions, this one devoted to the communications professions.
While public and private pension systems in the EU are under tremendous pressure, a new study by EDHEC-Risk Institute analyses the explicit and implicit pension liabilities that are weighing on the public finances, and the principal related risks.
In a report published on January 16, 2013, the UK National Audit Office (NAO) expressed concerns that if the British government, in its desperation to attract pension funds to the infrastructure sector, gave large construction risk guarantees for new projects, substantial liabilities could arise for the British taxpayer.
With the EDHEC Sailing Cup and Le Chti, EDHEC takes the top and the third spots in a ranking of the top ten student associations in France.
On November 30th, The International Relations Office organised an International Forum in Lille and Nice to showcase ESPEME’s partner universities.
Course in key account management, part of EDHEC’s MSc in Marketing, plays host to Stéphane Negre, Country Manager of Intel France.
EDHEC Professor of Management, Joëlle Vanhamme, teamed up with Professors Philip Kotler, the world-leading marketing expert, Adam Lindgreen from Cardiff Business School and Dr. François Maon of IESEG School of Management to co-author a new edited book.
Although the Internet has provided economic growth, new forms of social exchange and political revolution, it has also been the field for new types of fraud and rights infringements.
On December 3, Marie-Laure Mazaud received the Women’s Award in the Finance Category and the Grand Prix Allianz.
Last September on EDHEC’s Lille campus, Andreas Hermann, vice-president at Airbus, and Marie Galisson of human resources were invited to speak about the particularities of the aeronautics market and about the profession of key account manager, as well as about career opportunities at Airbus.
In 2012, EDHEC Family Business Center has signed international partnerships in North America and organised major events for family firms owners and managers, in France and Singapore.
EDHEC-Risk Institute is pleased to announce the appointment of Mr Tomas Franzén, Chief Investment Strategist with Andra AP-fonden (AP2), the second Swedish national pension fund, as chairman of its international advisory board.
11th and 12th January 2013 - Paris
In a Harvard Business Review article, EDHEC Professor of Management, Monique Valcour, recommends giving visibility to gender diversity initiatives by integrating them into the core of the company strategy.
Professor of Management, Pamela Lirio, received the distinction by the editors of Personnel Review as a Highly Commended Award winner of the 2011 Emerald/EFMD Outstanding Doctoral Research Awards in the Human Resource Management category.
Thomas Faucheron, EDHEC student and top-twenty global archer, set to receive honour
Professor Cvitanic, PhD in Statistics from Columbia University, joined EDHEC early 2012. We discussed with him his reasons for choosing EDHEC and his current research work.
By joining the Family Firm Institute (FFI), EDHEC Family Business Center becomes a member of the leading association worldwide cultivating a powerful network of 1500 members across 70 countries.
Marie-Laure Mazaud, EDHEC class of 1990, has been nominated in the finance category for the Women’s Awards 2012 from La Tribune.
Thomas Faucheron, skilled archer and EDHEC student currently on his gap year, has just won the Bernard Destremau prize awarded by the Académie des Sciences Morales et Politiques. He was nominated by the French Archery Federation.
For the third consecutive year, and in partnership with the théâtre de l’Odéon, EDHEC invited some one hundred of its partner companies to an October 17 avant-première of Harold Pinter’s The Homecoming, directed by Luc Bondy.
The beginning of the academic year was marked by two professions fairs that took place at EDHEC last week.
24 October 2012, EDHEC campus
First EDHEC Young Entrepreneurs conference “Franchising, another form of entrepreneurship?”
The ESPEME Forum, the high point of the annual cycle of encounters between students and companies, enables students and recent graduates to meet with company representatives, to find about particular professions and industries, and to discuss opportunities for internships or first jobs.
Pierre Palmieri’s talk, titled “Financing the Economy after the Financial Crisis,” was given as part of Société Générale CIB’s corporate sponsorship of the Corporate Finance MSc.
On Saturday, October 13, EDHEC Business School was delighted to host the parents of the incoming ESPEME students from the 2016 graduating class.
EDHEC-Risk Institute and Natixis are proud to announce the creation of a research chair entitled “Investment and Governance Characteristics of Infrastructure Debt Instruments”.
19 October 2012—With the signature of an agreement on the Lille campus, Christophe Bonduelle, CEO of Bonduelle, and Olivier Oger, dean of EDHEC Business School, have made this partnership official. This event took place at the outset of a seminar that brought 250 Bonduelle executives to the EDHEC campus to kick off the company’s plan for reflection and action for the coming decade.
The EDHEC Global MBA has moved upwards in the new Economist ranking of the World's Top MBAs and ranks N°3 in France and N°52 worldwide. Significant improvements were noted in several categories...
A lot has been written about CVs, but, unlike the ineffective CV, there’s still no such thing as a magic CV that opens all doors. Manuelle Malot, director of the EDHEC Career Centre, has five tips for you to make your CV more effective.
Saturday, October 6, 2012, 2 pm, Lille Campus. Some of them had not returned to their school for 60 years and yet…
Companies are getting involved for the long haul in the teaching component of an MSc, a particularity of the last year of the Grande École: the co-creation of a fundamental course with the professor, and teaching, conferences, and talks from experts and senior managers. These partners, industry leaders, establish close ties with students, who consider them salient companies over the course of their studies.
Friday, September 28, 2012—Twenty-eight multinationals—that is, some one hundred human
resources officers and line managers—met with Edhec finance students to talk about professional
opportunities, target high-potential students, and hold interviews. Several London banks, including
BlackRock, Citi, Deutsche Bank, ICAP, Morgan Stanley and Nomura were among the participants.
EDHEC-Risk Institute has released a comprehensive new study in response to the European Commission White Paper which proposed a series of measures related to information and monitoring, European harmonisation and portability, and pension design.
On October 3, on the Lille campus, l’AGORA, an EDHEC student association, organised a talk/debate with Christophe Barbier.
EDHEC-Risk Institute is pleased to announce that six new members have joined its international advisory board, which brings together high-level representatives from regulatory bodies, leading pension funds, professional organisations and business partners.
EDHEC’s Global MBA is more and more popular: an entering class of 69 students this September, an increase of 25% over 2011. With 27 nationalities represented and an average age of 33, the EDHEC Global MBA is ranked number one worldwide for the diversity of its students.
At EDHEC, the importance of an international orientation to the curricula and to relations with companies gives students genuine prospects and abilities for international careers.
More than 3,500 students, 20% of them internationals, have begun school again.
Beelink wins the Start in Paris competition organised at Microsoft. The project launched by two EDHEC students is growing.
EDHEC-Risk Institute and CFA Institute are pleased to announce the reinforcement of their executive education partnership (initiated in 2008 with the Advances in Asset Allocation Seminar) by offering the Advances in Equity Portfolio Construction Seminar.
A partnership has been signed between the Princeton Department of Operations Research and Financial Engineering and EDHEC-Risk Institute for the joint development of research and outreach activities in the area of risk and investment management. Lionel Martellini, scientific director at EDHEC-Risk Institute, discusses this partnership.
In early September, EDHEC alumni and companies welcomed 1,737 students, 36% of whom are international, to both the Lille and Nice campuses to kick off the 2012 academic year.
Organised by the EDHEC Career Centre, the Finance Career Days took place on the Nice campus mid-September with the objective to offer students an in-depth understanding of international graduate recruiting in investment banking and finance.
EDHEC, always featured in the top rankings, takes the 12th place in the 2012 Master in Management (MIM) Financial Times worldwide ranking published on September 17. The school also ranks 3rd in the world in finance in the same set of rankings.
Gaining exposure to volatility has become easier for investors after the introduction of volatility ETNs (exchange-traded notes) and volatility ETFs (exchange-traded funds) and some of these products have enjoyed a surge in popularity.
EDHEC shares the conviction with the largest employers that soft skills are necessary to succeed in an internationally competitive environment. It is for this reason that, with its Talent Identification & Career Development (TI&CD) programme, EDHEC has made them an integral part of the career coaching it offers its students.
After a competition in which 800 jury members represented nearly 500 companies—some companies were represented by more than ten employees—it is now for the new academic year to open under the aegis of senior executives and managers of EDHEC’s partner companies.
On 4 September, Stéphane Lagut, EDHEC class of 1990, officially inaugurated the student centre on the Lille campus, furnished and equipped through a personal gift of his.
On September 5th, 102 MSc in Marketing Students, representing 17 nationalities, were welcomed by Unilever, our Corporate Programme Sponsor.
EDHEC is launching its Family Business Centre, symbolising its partnership with family companies.
In a new research paper published in the prestigious Journal of Portfolio Management, entitled “Diversifying the Diversifiers and Tracking the Tracking Error: Outperforming Cap-Weighted Indices with Limited Risk of Underperformance,” EDHEC-Risk Institute warns of the risk of new forms of alternative-weighted equity indices seriously underperforming traditional cap-weighted indices.
To celebrate its 10th anniversary, L'EDHEC'honneurs, the EDHEC alumni rugby club, is organising a round table conference on rugby and the world of business...
EDHEC-Risk Institute has strongly welcomed the ETF guidelines released by the European Securities and Markets Authority (ESMA) on July 25, 2012, which are consistent with the conclusions of EDHEC-Risk Institute’s research on ETF risks and ESMA's consultation paper, which were both published earlier this year.
In a newly-released research publication produced as part of the Newedge research chair on “Advanced Modelling for Alternative Investments,” EDHEC-Risk Institute has evaluated the performance of hedge funds through a non-linear risk adjustment of returns.
The EDHEC Family Business Center has been created through a unique partnership with family businesses themselves.
EDHEC Family Business Centre aims to become a reference for family business research in Europe and Asia.
In its first EDHEC-Risk North American Index Survey, a survey of 139 investment professionals (institutional investors, asset managers, private wealth managers, investment banks and brokerage firms), EDHEC-Risk Institute has analysed the current uses of and opinions on stock, bond and volatility indices in the North American region.
This year, our partner companies have intensified their efforts to meet EDHEC students in order to discover tomorrow’s talents.
60 representatives of UK business schools attended a strategic development seminar on the Lille campus on 21 June.
June 2012 – Following a first session on the Stanford campus this May, 23 business leaders completed their training with a week at Euratechnologies, including one day on EDHEC’s Lille campus.
By setting up the Family Business Centre, EDHEC Business School wants to make a contribution to and position itself more closely with family businesses. Interview with Olivier Oger, Dean of EDHEC Business School.
In a survey of institutional investors and members of corporate finance departments, EDHEC-Risk Institute sought reactions to the key conclusions of a study entitled “Optimal Design of Corporate Market Debt Programmes in the Presence of Interest-Rate and Inflation Risks”, which was produced as part of the Rothschild & Cie research chair.
In a robust critique of a recent paper by the public interest group Finance Watch (“Investing Not Betting: Making Financial Markets Serve Society,” April 2012), EDHEC-Risk Institute has taken issue with a number of positions that this paper deems to be self-evident, e.g. that speculators must have a minority role in futures markets; that excessive speculation undermines the commodity price formation mechanism; and that there should be a linear relationship between a commodity’s supply-and-demand data and its price.
The EDHEC-Risk Institute today announces the launch of its new Solvency II Benchmarks, constructed in cooperation with the leading multi-asset solutions manager, Russell Investments.
30 participants attended the second phase of this very high-level training programme on the Stanford Campus between 28 May and 1 June.
During the annual meeting of the EDHEC International Advisory Board held on the Nice campus on 1-2 June 2012, Franck Moison, Chief Operating Officer, Emerging Markets & South Pacific, Colgate Palmolive-USA, was named as the Board’s new Chairman.
Following the collapse of worldwide equity markets in 2008, and the subsequent rally in long positions in equity volatility, interest has grown in the possible use of equity volatility derivatives as diversifiers for traditional and alternative portfolios.
30 participants are set to attend the second phase of this very high-level training programme on the Stanford Campus from 28 May to 1 June this year.
Over 800 professionals from 28 countries spread over four continents convened in Singapore for a two-day conference featuring some 20 presentations by EDHEC-Risk Institute research teams based in Singapore, London and Nice, and commented by leading representatives of the Asian financial industry.
Graduated from the University of Cambridge with a PhD in Economics, Mella-Barral joined EDHEC in 2007 as Professor of Finance.
EDHEC Business School joins the exclusive members of the Graduate Management Admission Council (GMAC) in a move that confirms the School’s international reputation.This decision by GMAC’s Board of Directors testifies to EDHEC’s pivotal role in the education world
Late March, the EDHEC Lille campus turned into a momentary laboratory dedicated to innovation. The Open Innovation Seminar welcomed 16 companies that teamed up with 500 MIM students who worked on concrete and strategic cases dealing with innovation.
EDHEC-Risk Institute has released the results of its inaugural Asian Index Survey, a comprehensive survey of 127 Asian investment professionals (asset managers, institutional investors, investment consultants, and private wealth managers) on the subject of indices and passive investment and the first comprehensive account of investor attitudes to equity and bond indices in the Asia-Pacific region.
EDHEC and PRINCETON University hosted more than 150 finance professionals in New York for the first “EDHEC – Princeton Institutional Money Management Conference: Academia meets Practice” on 27 April.
A new EDHEC-Risk Institute study entitled "Shifting Towards Hybrid Pension Systems: A European Perspective", made possible with the support of AXA Investment Managers, highlights the need to reform retirement systems and pension funds, as well as the need to adopt professional management structures and to considerably improve the product offering of defined-contribution (DC) funds.
EDHEC and PRINCETON University hosted more than 150 finance professionals in New York for the first “EDHEC – Princeton Institutional Money Management Conference: Academia meets Practice” on 27 April. During the event, EDHEC and Princeton’s experts presented financial industry representatives with the most recent results from their research projects focusing on major issues for institutional investment management, under the heading “Tomorrow’s new frontiers”
On March 24th, EDHEC Business School celebrated the graduation of its 2011 MiM and MSc batch in Paris. Over 2,000 friends and families gathered to celebrate 656 graduands coming on stage to receive their degrees.
Last March, the EDHEC Business School received the CEO of Intel France, Stephane Negre, within the course of MSc in Marketing Management.
On April 10, EDHEC signed an unprecedented partnership agreement with the Marine Nationale, represented by Admiral Lajous, Director of military personnel for the Marine Nationale and in the presence of Olivier Oger, Benoit Arnaud and Jean-Louis Raynaud.
The new partnership signed with Barclays Bank aims at further supporting the Association’s effort to animate and develop the Alumni community.
Mid-April, MSc in Marketing Students welcomed IBM Marketing & External Relations vice-president for the last business lunch of the year.
EDHEC’s brand new Campus in Singapore hosted in early April its first Global MBA Business Trip. Focused on the theme "Doing Business in Asia”, the agenda included academic lectures, meetings with leading international companies such as McKinsey, Google, BIC, Hermes, OCBC Bank and STMicroelectronics, as well as insights from the SMU (Singapore Management University). Participants also had the opportunity to visit exceptional sites such as the Hyflux desalination facility and the Port of Singapore, which ranks as the world’s second biggest merchant seaport.
Stanford University and EuraTechnologies in Lille, in partnership with EDHEC Business School, are offering a programme on innovation and entrepreneurship that will take place both in Stanford and Lille.
The new participants joining this Doctoral programme - taught entirely in English - all command excellent academic and professional references.
For the second consecutive year, EDHEC Master in Management students in the Financial Economics Track embraced the new challenge presented by Credit Agricole early January.
The Auchan Group and the EDHEC Leadership and Managerial Competencies Chair furthered their mutual commitment via a new partnership agreement concluded on EDHEC’s Lille campus on 21 February 2012.
Graduated from the Catholic University of Louvain (Belgium) with a PhD in Management Sciences, Professor Joelle Vanhamme joined EDHEC Business School in 2011 as Professor of Marketing in the People, Markets & Humanities Department in Lille.
More than 160 high-level European fund management industry professionals were surveyed by EDHEC-Risk as part of the “Risk and Regulation in the European Fund Management Industry” research chair, sponsored by CACEIS.
In a new survey entitled “What Asset-Liability Strategy for Sovereign Wealth Funds?” produced as part of a research chair supported by Deutsche Bank, Sovereign Wealth Fund (SWF) respondents have underlined the need for a change in investment practices to take into account both short-term constraints and liabilities.
656 EDHEC Master and MSc graduates received their degrees at the Maison de la Mutualité in Paris the 24th march 2012.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2011, which represents a comprehensive survey of 174 European ETF investors. The survey was conducted as part of the Amundi ETF research chair at EDHEC-Risk Institute on “Core-Satellite and ETF Investment.”
Henri Lachmann, President of Schneider Electric, author of the Report on Well-being and Health at Work for the French Government in 2010, with Christian Larose and Muriel Pénicaud, did us the honour of sharing his expertise and experience as a top manager at the Round Table organized by the LCM Chair at EDHEC on Tuesday, 27th March.
Recently, EDHEC Global MBA participants spent an evening with two distinguished professors discussing family businesses. Participants learned about the sophisticated nature of the governance mechanisms which operate within these often-secretive businesses and the governance mechanisms which often exist within the families themselves.
The second International Health Marketing Day was held on EDHEC’s Nice campus on 23 March. The event was organised by Marie-Catherine Mars and Loïck Menvielle, in conjunction with IAE Nice, IAE Lille and HEC Montreal.
EDHEC-Risk Institute is pleased to announce that Raman Uppal, Member of EDHEC-Risk Institute and Professor of Finance at EDHEC Business School, along with co-authors Grigory Vilkov and Yuliya Plyakha, both of Goethe University in Frankfurt, has been awarded first prize at the SPIVA Awards for the paper "Why Does an Equal-Weighted Portfolio Outperform Value- and Price-Weighted Portfolios?"
EDHEC-Risk Institute is pleased to announce that Raman Uppal, Member of EDHEC-Risk Institute and Professor of Finance at EDHEC Business School, along with co-authors Grigory Vilkov and Yuliya Plyakha, both of Goethe University in Frankfurt, has been awarded first prize at the SPIVA Awards for the paper "Why Does an Equal-Weighted Portfolio Outperform Value- and Price-Weighted Portfolios?"
Graduated from Harvard with a PhD in Economics, Professor López-de-Silanes joined EDHEC Business School in 2007 as Professor of Finance. He is specialised in international corporate finance and financial markets, legal reform, and privatisation.
We discussed with Stéphane Gregoir, associate dean for Faculty and Research and director of EDHEC Economics Research Centre, about EDHEC's policy of relevance and its impact in public debates.
Pr. Valcour discusses work-life balance and career success.
On March 9th, the Ambassador of Taiwan, Michel Ching-Long Lu visited the EDHEC campus in Nice and met with students to discuss job and internships opportunities in Taiwan.
The results of an exclusive survey of European asset owners highlighting the latest trends in ETF usage will be unveiled at the EDHEC-Risk Europe Days conference at The Brewery in London on March 27 next.
Christian Estrosi, Mayor of Nice and Chairman of the Nice-Côte d’Azur Metropolitan Council, and Olivier Oger, Dean of EDHEC Business School, hosted 500 guests to celebrate the 20th anniversary of the Nice campus.
EDHEC-Risk Institute is to hold a conference on April 27th at the Princeton Club in New York
In newly-released research by Dominic O’Kane, Affiliated Professor of Finance at EDHEC Business School, EDHEC-Risk Institute has performed a theoretical and empirical analysis of the relationship between the price of eurozone sovereign-linked credit default swaps (CDS) and the same sovereign bond markets during the eurozone debt crisis of 2009-2011.
EDHEC Business School is furthering its openly international strategy by expanding activities on five sites...
Some 300 people recently congregated to celebrate EDHEC-Risk Institute’s 10th anniversary on EDHEC’s three executive campus: SINGAPORE on 24 October 2011, LONDON on 28 November 2011 and PARIS on 8 December 2011.
In a new study entitled "Pension Fund Investment in Social Infrastructure: Insights from the 2012 reform of the private finance initiative in the United Kingdom", EDHEC-Risk Institute has identified two fundamental issues that make social infrastructure potentially unattractive to pension funds: in-built political risk and limited asset pool size.
The European Business Schools/Women on Board initiative has published a first list of more than 3500 board-ready women to bring Europe into the 21st Century and support European Commission Vice President Reding’s initiative to shatter the glass ceiling for women in Europe’s publicly listed corporation’s board rooms.
EDHEC's new Paris campus was recently inaugurated in the presence of Laurent Wauquiez, France's Minister for Higher Education and Research, Bruno Bich, Chairman of Groupe BIC, and Olivier Oger, Dean of EDHEC Business School.
Olivier Oger, Dean of EDHEC Business School, discussed with the Financial Times the school's mission and strategies.
In a research paper published in the Winter 2012 issue of the Journal of Alternative Investments, entitled “Optimal Hedge Fund Allocation with Improved Estimates for Coskewness and Cokurtosis Parameters,” EDHEC-Risk Institute has provided insights into optimal portfolio decisions involving hedge funds.
Société Générale strengthens its partnership with EDHEC by becoming the Corporate Programme Sponsor of the MSc in Corporate Finance.
The Executive MBA and Full-Time MBA classes of 2011 were welcomed by Olivier Oger and Benoit Arnaud for their graduation ceremony on the Lille campus. They were accompanied by family, friends and, in certain cases, by the managers of their companies.
EDHEC Expertises, the series of morning meetings organised by EDHEC Business School in partnership with the Ordre des Experts Comptables (association of chartered accountants) and the DFCG (France’s national association of CFOs and management controllers), continues to meet with success.
The EDHEC Forum 2012 attracted a crowd of around 1,300 to the Espace Champerret on Friday 6 January keen to find out about the opportunities for work placements, jobs and VIE international internships available from the 122 partner companies present.
On the evening of January 6th, just after the impressive Forum EDHEC recruitment fair (122 firms present), a full-house of international MBA participants and EDHEC Alumni stayed on to attend the Hiring International Talent & Managing Global Careers roundtable and networking event organised by Sandra Richez, Head of EDHEC’s Global MBA Career Services and Christelle Caucheteux, Director of EDHEC Alumni.
“We have a responsibility to prepare women and make the business world aware of the glass ceiling,” says Olivier Oger, Dean of Edhec Business School (Financial Times – 12/05/2011)
On the evening of January 6th, just after the impressive Forum EDHEC recruitment fair (122 firms present), a full-house of international MBA participants and EDHEC Alumni stayed on to attend the Hiring International Talent & Managing Global Careers roundtable and networking event organised by...
New research at EDHEC-Risk Institute has addressed the question of the true risks of Exchange-Traded Funds (ETFs) in Europe in the light of issues raised by financial regulators and international organisations. According to EDHEC-Risk Institute, any discussion of the risks inherent in ETFs should go beyond merely hypothesising about potential risks, and should also take into account the empirical evidence provided by the existing academic research on ETFs, which has documented various benefits in terms of liquidity and price efficiency.
16 new participants from 11 countries joined the existing Global MBA class in Nice on Tuesday 3 January. All in all, there are now 63 participants on the programme.
In an open letter dated January 10, 2012 addressed to the French Prime Minister, which itself referred to a previous letter addressed to the European Internal Market and Services Commissioner, Michel Barnier, EDHEC-Risk Institute has underlined the difficulties and risks associated with implementing a tax on financial transactions in France.
In a new study entitled “Structured Equity Investment Strategies for Long-Term Asian Investors” conducted with the support of Societé Générale Corporate & Investment Banking, Stoyan Stoyanov, Head of Research at EDHEC Risk Institute–Asia and Professor of Finance at EDHEC Business School, examines the dilemma of how to extract risk premia while limiting exposure to downside risks.
EDHEC’s MBAs recently polished their « Global » label. The school organised a business trip to Capetown, South Africa in early December for the class of 2012...
The 2011 edition of EDHEC’s Déjeuner Perspectives lunch event was held at the Maison des Arts et Métiers in Paris on 21 November.
Around 80 regional HR specialists attended this Round Table organised by the LCM Chair with BPI Group at which Thibault Lamiaux, HR Director for Lyréco, and Benoît Brechignac, Director of Industrial Relations for Leroy Merlin, were the key speakers.
Every Thursday a business school professor, an expert in his or her field, defines five key terms on FT Lexicon, our online economics, business and finance glossary.
The French Magazine, l’Express/L’Etudiant, published its 2012 ranking of the best business schools in France today.
New research at EDHEC-Risk Institute has concluded that corporate bond index construction methodologies tend to be sub-optimal.
Professor Muhammad Yunus, Economist, Founder of the Grameen Bank and Nobel Peace Prize winner, Shai Agassi, founder and CEO of Better Place, Emmanuel Faber, Vice Chairman of Danone, and Christian Estrosi, MP and Mayor of Nice, Former French Minister of Industry, Olivier Oger, Dean of EDHEC Business School, and other distinguished speakers, were present at the G20 YES (Young Entrepreneurs Summit) summit held at EDHEC Business School in Nice, between 31st October and 2nd November 2011.
EDHEC's Unique Career Tool, TI&CD programme, assesses 840 MSc Students' Potential
A number of policy-makers have blamed the decade-long rise in commodity prices and recent market volatility on the growing influence of financial investors and called for new regulation restricting their participation in commodity markets. Market financialisation has also led investors to worry about higher integration between commodity and traditional financial markets weakening the portfolio benefits of commodity investment.
Lisa Peñaloza, professor of marketing at EDHEC Business School and Michelle Barnhart, assistant professor of marketing, at the College of Business, Oregon State conducted an ethnographic study of credit and debt in the lives of middle class American families. The research, which develops a theoretical account of cultural meaning as integral mechanism in the normalisation of credit/debt, will appear in the December issue of the Journal of Consumer Research, published by the University of Chicago Press.
A new book entitled "Equity Valuation and Portfolio Management" co-edited by Frank J. Fabozzi, Professor of Finance at EDHEC Business School and member of EDHEC-Risk Institute, together with Harry M. Markowitz, the 1990 co-recipient of the Nobel Prize in Economics, has just been published by John Wiley & Sons.
EDHEC-Risk Institute releases results of European survey on use of equity and bond indices by institutional investors.
Ekkehart Boehmer, Professor of Finance at EDHEC Business School and Member of EDHEC Risk Institute has been invited by the Review of Financial Studies to serve as Associate Editor for a three-year period, starting in July.
Ekkehart Boehmer, Professor of Finance at EDHEC Business School and Member of EDHEC-Risk Institute and co-authors Zsuzsa Huszar of the National University of Singapore and Bradford Jordan of the University of Kentucky were voted first-place winners of the Fama-DFA Prizes for the best papers published in the Journal of Financial Economics in the areas of capital markets and asset pricing over the past
Raman Uppal, Professor of Finance at EDHEC
Business School and Member of EDHEC-Risk Institute
has been appointed to the board of directors of the American Finance Association, the world’s premier academic organisation devoted to the study and promotion of knowledge about financial economics.
The 14 students selected from the more-than-100 candidates who applied for the Europe programme started their course on the London Campus on 3 October.
Does formal decision-making still figure in current managerial practices?
Is the increasing manipulation a response to the changing face of authority?
« Through the International Ethics Board, companies bring us the subjects taht will be issues for concern in five years. »
The EDHEC Full-Time Global MBA, which is already ranked first worldwide for the diversity of it students*, ranked fourth MBA in France and 18th in Europe (QS MBA Ranking**), is building on its success. This year, the course is set to welcome a total of 63 participants for the start of the new academic year, a 50% increase on 2010! The intensive 10-month programme is taught completely in English and geared to managers looking to change direction in their careers. More than 25 nationalities are represented on the course and the average age of participants is 32.
In a new study produced as part of the Amundi ETF research chair on “Core-Satellite and ETF Investment,” EDHEC-Risk Institute researchers have analysed the performance of risk-controlled dynamic asset allocation strategies and concluded that appropriate implementation of the Dynamic Core-Satellite approach can boost portfolio returns while keeping downside risk under control.
EDHEC’s Nice Campus has been chosen as the venue for the G20 Young Entrepreneur Summit and to host the 20 international delegations from the participating countries. It is the first time the event has been held in France.
In collaboration with the Global Telecom Women's Network (GTWN, a global network of female senior executives in the telecoms industry) and McKinsey & Company consultants, EDHEC organised a meeting on 26 September, chaired by Viviane Reding. The meeting discussed ways of righting the imbalance between the number of men and women in company boardrooms by encouraging more young women to take up careers in business.
Once again, the annual Finance Recruitment Fair proved to be a success with 24 leading companies gathering in Nice to meet EDHEC students. This event provides a unique opportunity for these companies and our students to discuss internship and job opportunities at a very early stage.
Edhec-Risk Institute is celebrating its 10-year anniversary in 2011. Since it was founded in 2001, the Institute has endeavoured to remain faithful to its research for business approach, by providing research that is both academically excellent and relevant and useful for the industry.
Professor Fabozzi is co-recipient of the European Financial Management Best Paper Award for a paper entitled "Property Derivatives for Managing European Real-Estate Risk," which was co-authored with Professors Robert J. Shiller, from the Department of Economics, Cowles Foundation, and School of Management, Yale University, and Radu Tunaru, from the University of Kent.
EDHEC-Risk Institute condemns the August 11 decisions by the financial market authorities in Belgium, France, Italy and Spain to impose or extend short-selling bans in the wake of renewed market volatility.
The Singapore Council for Private Education (CPE) awarded a six-year registration period to EDHEC Risk Institute—Asia. This is the longest registration period that the country’s private education regulator can grant.
In a new EDHEC-Risk Institute position paper, “A Review of the G20 Meeting on Agriculture: Addressing Price Volatility in the Food Markets,” Hilary Till, Research Associate with EDHEC-Risk Institute, and Principal of Premia Capital Management, examines food price volatility in the context of the G20 meeting of agriculture ministers.
This new publication, “An Integrated Approach to Sovereign Wealth Risk Management,” contains the results of the second-year research work conducted at EDHEC-Risk Institute within the Deutsche Bank research chair on asset-liability management (ALM) techniques for sovereign wealth fund (SWF) management.
In an open letter dated July 12, 2011 addressed to the European Internal Market and Services Commissioner, Michel Barnier, EDHEC-Risk Institute has warned of the inadvisability of imposing a “Tobin tax” on financial transactions in order to fund the future European budget.
Edhec student Lucie Croissant tells what it was like to compete in the recent IRONMAN France event in Nice on 26 June.
EDHEC Business School’s leitmotif - “The School that brings innovative ideas to businesses” - is stamped on the creation of the EDHEC International Ethics Board. The business leaders and professors comprising the members of the Ethics Board go beyond academic analysis of business ethics to confront these issues with the expectations of the business world and society.
6,764 candidates at the outset, 2,300 now admissible, 450 admitted for the new academic year beginning September 2011. Candidates admissible following the written exams are now due to sit the oral part of the EDHEC Grande Ecole entrance process from 17 June to 11 July.
This year, the fifth edition of the EDHEC Research Day took place on June 28, 2011 in London, and dealt with the influence of academic research on business and the economy.
EDHEC-Risk Institute is delighted to announce that Professor Frank J. Fabozzi, one of the most respected figures in the academic community in finance worldwide and author and editor of over 100 reference textbooks in finance, will be joining EDHEC-Risk Institute on August 1, 2011.
Exclusively at EDHEC, the Talent Identification and Career Development Programme ( TI&CD) is a real innovation which is designed to accompany and prepare students to the international recruitment process as it is run by the biggest companies.
A new study entitled “The Elephant in the Room: Accounting and Sponsor Risks in Corporate Pension Plans,” drawn from the AXA Investment Managers “Regulation and Institutional Investment” research chair at EDHEC-Risk Institute, surveys how pension funds and sponsors manage the main risks they face and how institutional constraints—accounting and prudential regulations, the organisation of the relationship between the pension fund and its sponsor, and social laws—influence the investment strategy of sponsors and pension funds.
The 69 participants in the Executive MBA are due to fly to Shanghai this week, accompanied by Denis Dauchy, Eric Labbé and Philippe Foulquier.
Some 1,200 Edhec alumni got together on Yachts de Paris’s Paquebot liner on the banks of the Seine, for the 22nd edition of the EDHEC Rendez-vous on 9 June.
Wednesday 8 June saw EDHEC Business School and Société Générale renew their partnership agreement, in the presence of Jean François Sammarcelli, CEO of the Société Générale Group, and Olivier Oger, Dean of EDHEC Business School.
EDHEC launched a new ESPEME programme on 1 March this year, which is designed to enable high-level sportsmen and women to reconcile the respective demands of the sporting and academic calendars, via the use of e-learning methodologies.
Pierre d’Huy, head of international management research seminars for the EDHEC Advanced Management Programme and an expert in managing innovation, gave a new conference in the management cycle for senior executives.
Like every year, EDHEC Business School has published its EDHEC Grande Ecole graduates placement report. The survey shows a clear improvement of graduates’ professional starting conditions for the class of 2010 as compared with the previous year.
These new executive campuses fit with EDHEC Business School's international development strategy of opening campuses in major global financial centres, in close proximity to businesses training and research needs.
In a climate of increasing inflation uncertainty, EDHEC-Risk Institute has released a new study analysing optimal corporate debt management policies.
This year, the fifth edition of the EDHEC Research Day will take place on June 28, 2011 in London, at the Victoria Park Plaza, and will deal with the influence of academic research on business and the economy.
Arthur Sylvestre, Augustin Jaclin and Jérémy Schiano took part in the final of the young entrepreneurs’ competition organised by Columbia University in New York from 3 to 9 April 2011.
EDHEC-Risk Institute has announced that it will conduct research in cooperation with Russell Investments in order to design new benchmarks for European insurance companies that are representative of a dynamic allocation strategy between bonds and equities.
Sergio Focardi, Professor of Finance at EDHEC Business, just concluded a series of successful Europe-wide conferences organised by CFA institute on investment management after the global financial crisis following the publication of his latest CFA study last October.
The ceremony also marked the opening of the EDHEC-Risk Institute-Europe, Europe’s premier finance research centre, in the presence of leading executives from financial institutions.
Nathalie Decoster was contacted by EDHEC, for the creation of an outside sculpture. It will depict a man walking next to an immense circle. More than a sculpture, the wheel will quite naturally become the school's symbol of visual identity.
Each year the Foundation Banque de France for Economic Research invites research proposals for funding.
EDHEC-Risk Institute, the premier European centre for financial research and its application to the industry, hosted an exclusive reception last night at its newly-opened London premises to mark the launch of EDHEC Risk Institute–Europe.
EDHEC students took up the challenge of organising the first edition of the International Social Entreprise Forum (ISEF) on 25 March.
On Wednesday March 23, EDHEC Business School’s Nice Campus brought together figures from the rugby world and regional business leaders for a debate on the theme “Rugby and Business: shared values”. The event was organised by the Comité Côte d’Azur and the Comité Départemental de Rugby des Alpes-Maritimes, in partnership with the Union pour l’Entreprise des Alpes-Maritimes.
Maxime Gohin, EDHEC European Apprenticeship Track student, took the second place in the Investment Challenge Sponsored by Bank of America Merrill Lynch. The eFinancialCareers.com Investment Challenge is opened to all European-based students from prestigious business schools and universities such as LSE and Oxford.
As part of the module "Marketing of Financial Services", MIM FE Track students work hand in hand with Crédit Agricole on new technologies to best serve clients.
EDHEC-Risk Institute will be staging the fourth edition of its EDHEC-Risk Alternative Investment Days conference at The Tower Hotel in London on April 5-6 next.
The International Centre for Financial Regulation (ICFR) and EDHEC Business School are jointly holding a conference, "Enterprise Risk Management and Corporate Governance for Insurance Firms" on 17 May 2011 at the brand new EDHEC Business School campus in Lille, France.
EDHEC Business School continues with EDHEC Expertises, its series of successful morning events organised in partnership with the Ordre des Experts Comptables (French chartered accountants’ association) and the Association Nationale des Directeurs Financiers et de Contrôle de Gestion (French CFO’s and management controllers’ association).
The EDHEC Student Career Centre plays a crucial role in assisting students in their search for internships and fulltime positions. Some students have already found a fulltime position even before finishing school. Others have already found their gap year internships.
Early March, EDHEC welcomed Jacques Richier, Chairman of Allianz France, to discuss the "Challenges of Insurance in a Global World". Allianz is one of the leading companies in insurance and financial services.
EDHEC-Risk Institute has announced the creation of a spin-off, EDHEC-Risk Indices & Benchmarks, which aims to be one of the leading beta designers for the investment industry.
In an open letter of March 8, 2011 addressed to the Chair of the Economic and Monetary Affairs Committee of the European Parliament, Sharon Bowles, and Pascal Canfin, the Committee’s Rapporteur on the draft EU regulation on short selling and credit default swaps, EDHEC-Risk Institute has warned of the dangers of prohibiting “naked” sales of sovereign credit default swaps.
In an open letter of March 8, 2011 addressed to the Chair of the Economic and Monetary Affairs Committee of the European Parliament, Sharon Bowles, and Pascal Canfin, the Committee’s Rapporteur on the draft EU regulation on short selling and credit default swaps, EDHEC-Risk Institute has warned of the dangers of prohibiting “naked” sales of sovereign credit default swaps.
On Thursday, February 24, Bernard Curzi, Director of the EDHEC Group ESPEME, received Yvon Grosso, President of the UPE 06, Gérard Cerutti, President of the Union pour l’Entreprise of the Var and Alain Koubi, President of the Comité Régional Olympique et Sportif of the Côte d’Azur, in the EDHEC Business School facilities of the Nice campus.
EDHEC-Risk Institute (London, Nice, Singapore) has announced it will be conducting new research exploring the uses of volatility derivatives in equity portfolio management with the support of leading derivatives exchange Eurex. The research project’s emphasis will be on optimising access to the equity risk premium while controlling for downside risk and will be co-managed by Stoyan Stoyanov, head of research at EDHEC Risk Institute–Asia and Lionel Martellini, scientific director of EDHEC-Risk Institute.
EDHEC-Risk Institute (London, Nice, Singapore) has announced it will be conducting new research exploring the uses of volatility derivatives in equity portfolio management with the support of leading derivatives exchange Eurex.
The first 2011 edition of the Financial Tuesday Conferences took place last January with a presentation by Michel Audeban, General Manager of an Asset Management Company on “New Challenges of Asset Management and Emerging Markets Opportunities. Mr Audeban also shared his experience with aspiring students.
Arthur Sylvestre, Augustin Jaclin and Jeremy Schiano have been invited for a week in New York from 3 to 9 April 2011 in order to present their business plan to a committee of venture capitalists, business angels and other New York personalities on Columbia University's premises.
Following the recent announcement that Unilever has become the Corporate Programme Sponsor of the EDHEC MSc in Marketing recently ranked 4th in the French Economic Journal Le Point, we discussed with Delphine Raout, Talent Management France, the motivations behind this partnership.
A new research paper, “Option Pricing and Hedging in the Presence of Cross-Hedge Risk,” drawn from the “Structured Products and Derivative Instruments” research chair at EDHEC-Risk Institute supported by the French Banking Federation (FBF), addresses dynamic hedging of an option when the underlying asset is not available for trading, and some other asset, or portfolio, is used as a substitute.
Corporate Programme Sponsor and Member of the International Advisory Board of the Financial Economics Track since 2009, PricewaterhouseCoopers is a very active player to be engaged with.
Pr. Uppal joined EDHEC Business School in January 2011 as Professor of Finance in the Accounting, Law, Finance and Economics Department. Prior to joining EDHEC, Pr. Uppal taught at London Business School and at the University of British Colombia.
These new recruitments testify to EDHEC Business School’s reputation.
EDHEC welcomed five new international professors to the Lille, Nice and London campuses at the beginning of January. These recruitments fit perfectly with EDHEC Business School's international growth strategy and the recruitment programme that has already seen 25 professors hired since 2009.
We very pleased to announce that Ekkehart Boehmer, Raman Uppal and Giuseppe Bertola have become members of EDHEC-Risk Institute. They will all be core-faculty professors in the EDHEC-Risk Institute PhD in Finance programme.
Nice – EDHEC Business School launches a new practice-based programme, the MSc Risk & Investment Management from September 2011 in London and in Singapore.
The EDHEC Business School Singapore executive campus was officially inaugurated on January 21. The grand opening was placed under the auspices of Mr Heng Swee Keat, Managing Director of the Monetary Authority of Singapore, and His Excellency Olivier Caron, Ambassador of France to Singapore, who delivered keynote speeches on this occasion.
This year's graduation ceremony of the Executive MBA, the full-time MBA and ESCA will take place for the first time on the new Campus of EDHEC Business School in Lille.
Once more, EDHEC Business School participated to numerous International Student Fairs around the world with new destinations added for the 2010-2011 edition.
Aurélie Duthoit (Edhec 2005), Founder and CEO of Babyloan.org, is one of this year’s candidates for the Female Entrepreneur of the Year Award in the “New Venture of the Year: special sustainable development” category.
A new study conducted by EDHEC-Risk Institute as part of the “Risk and Regulation in the European Fund Management Industry” research chair in partnership with CACEIS, entitled “The European Fund Management Industry Needs a Better Grasp of Non-Financial Risks,” looks at how non-financial risks and failures have impacted the regulatory agenda in Europe and traces the management of liquidity, counterparty, compliance, misinformation, and other non-financial risks in the fund industry.
EDHEC-Risk Institute marked the opening of its Asian offices at a ceremony in Singapore on Friday which was attended by chief executive officers and senior representatives of financial institutions, and by regulators and diplomats.
Dominique Cerutti, President and Deputy CEO of NYSE Euronext the world’s leading and most liquid exchange group, is the new patron of the EDHEC Financial Economics Track taught in Nice.
Newly-released research by Florencio Lopez-de-Silanes of EDHEC Business School with co-authors Ludovic Phalippou and Oliver Gottschalg, entitled “Giants at the Gate: On the Cross-Section of Private Equity Investment Returns,” examines the determinants of private equity (PE) returns using a newly constructed database of 7,500 investments worldwide over forty years.
In a new study entitled “A Suggestion for Remedying the Overstated Performance of Non-Investable Hedge Fund Indices,” EDHEC-Risk Institute examines whether the liquidity crisis that followed the Lehman collapse and significantly impacted the performance of hedge fund strategies (especially the strategies exposed to credit risk) has increased this excess return or not.
Many research works underline that corporate culture (or organizational culture) can prove to be a key asset for companies and consequently contribute to a better performance. At a time when law has become an essential parameter for companies' operations and strategies, it seems appropriate to wonder to what extent it influences corporate culture and performance.
No comprehensive model is currently available for the joint quantitative analysis of capital structure choices, pension fund allocation decisions and their impact on rational pricing of liability streams. This conceptual problem is reinforced by new accounting reforms, which make it a real challenge to correctly assess the value of a pension plan in deficit with a weak sponsor company. EDHEC-Risk Institute has attempted to fill this gap by analysing the valuation of pension liabilities in the context of an integrated model of capital structure.
This European survey conducted by EDHEC-Risk Institute as part of the “Private ALM” research chair in partnership with Ortec Finance draws on responses from 159 private wealth managers (PWMs), whose clients include the mass affluent (financial assets of less than $1 million) as well as so-called ultra-high-net-worth individuals, or UHNWIs (financial assets of more than $30 million).
On December 8th and 9th, investment professionals and institutional investors gathered for the EDHEC-Risk Institutional Days that were held in Monaco. It was a remarkable event that aimed at bringing research insights to more than 650 participants.
No comprehensive model is currently available for the joint quantitative analysis of capital structure choices, pension fund allocation decisions and their impact on rational pricing of liability streams.
In a new EDHEC-Risk Institute Publication, entitled “Adoption of Green Investing by Institutional Investors: A European Survey”, EDHEC-Risk review the concept of green investing and report the results of a European survey on investment management professionals.
The EDHEC-Risk Institutional Days in Monaco on December 8 and 9, 2010, will this year be oriented towards themes that are of particular relevance for wealth management professionals.
EDHEC Business School will be staging the first International Conference on Performance and Corporate Legal Culture at Lille Campus Metropole on January 6-7.
The Financial Tuesdays Conference held on November 9th on Nice Campus discussed "How to improve stock portfolio performance?" EDHEC student's association, TRANSAC, invited Paul Gagey, Fund Manager at Aviva Investors. Paul Gagey has graduated from Columbia University and has been working as fund manager for the last 20 years.
This new publication, “Asset-Liability Management Decisions for Sovereign Wealth Funds,” contains the results of the first-year research work conducted at EDHEC-Risk Institute within the Deutsche Bank research chair on asset-liability management (ALM) techniques for sovereign wealth fund management.
The latest rankings for the new academic year confirm EDHEC's position as one of Europe’s leading management schools.
At the fourth edition of the EDHEC-Risk Institutional Days (EID) conference at the Grimaldi Forum in Monaco on December 8-9 next, EDHEC-Risk Institute will be presenting research results on two key themes for the investment industry: regulation and indices.
EDHEC-Risk Institute is pleased to announce that six new members have joined its international advisory board, which brings together high-level representatives from regulatory bodies, leading pension funds, professional organisations and business partners.
In Europe, action plans have been developed in order to improve the development and incorporation of eco-technologies. Many of these new techniques contribute to improving the environment while also reinforcing competitive business.
Ten Things the Investment Management Industry Should Consider Following the Financial Crisis!
A new study from the Research Foundation of CFA Institute brings together leading opinion and commentary surrounding the financial crisis into a consolidated set of findings and recommendations.
On October 11, Unilever France and EDHEC Business School signed a 3-year partnership for the MSc in Marketing programme taught in Lille. Unilever France is the third company to sign the EDHEC Corporate Sponsor Programme after Capgemini Consulting for the MSc in Strategy & Organisation Consultancy and PriceWaterhouseCoopers for the MSc in Management Control.
EDHEC-Risk Institute will be staging the fourth edition of its EDHEC-Risk Institutional Days (EID) conference at the Grimaldi Forum in Monaco on December 8-9 next.
From Day One of the start of the academic year, MSc students got to the heart of the finance matter with a presentation by Richard Lacaille, Global CIO of SSgA, who discussed systemic risks illustrated by the credit crisis. The 300 MSc students enrolled in our finance-related programmes followed with great interest his presentation in which Mr. Lacaille also introduced new indicators used in portfolio risk management and concluded on the challenge in underestimating ‘fat tails’.
Professor Charles LUMBERS of the EDHEC Business School (People, Markets and Humanities Department) has been invited by the Laurea University of Applied Science in Helsinki to be the “Entrepreneurship Tuesday” speaker on the evening of October 26, 2010.
On October 11, 2010, Anne Zuccarelli, Director of Academic Programs and Corporate Relations & Careers for EDHEC Business School, and Danièle Clerc, Leadership Development Manager for UNILEVER France, signed a three-year partnership for EDHEC’s Marketing Management MSc.
In recent research on advanced modelling for alternative investments*, supported by Newedge Prime Brokerage, EDHEC Risk Institute analysed whether portfolio selection techniques with a focus on extreme risks are truly superior to traditional return and risk analysis in situations when risk management matters most.
Once again, EDHEC Business School has proven its growing success both in France and abroad by welcoming nearly 1500 MIM and MSc students on both campuses. EDHEC is proud of its rich cultural mix with more than 70 nationalities represented on campus.
In 2008, EDHEC-Risk Institute analysed the performance of a sample of SRI funds distributed in France, covering a six year-period from January 2002 to December 2007. This study concluded that none of the funds in the sample produced both positive and statistically significant alpha.
EDHEC Risk Institute Supports the Objective of Better Regulation of the Derivatives Markets for Commodities but Criticises the Motivation behind the French Position on the Subject
Dr. Sergio Focardi, Professor of Finance at EDHEC Business School, and Programme Director of the EDHEC-Risk Institute Executive MSc in Risk and Investment Management for Europe, has just released a new book entitled "Probability and Statistics for Finance", co-authored with Frank J. Fabozzi, Markus Hoechstoetter and Svetlozar T. Rachev.
EDHEC-Risk Institute is proud to announce that the Institute for Quantitative Investment Research (Inquire) Europe has awarded its First Prize for 2009/2010 to Professor Lionel Martellini, Scientific Director of EDHEC-Risk Institute.
Pr. Haguet, FE Track Programme Director, discusses the reform implemented last September and explains the growing interest of international students for our programmes in Finance.
MSc in Marketing Students had the chance to work with Sony on their brand new innovation, the Sony Reader. We discussed the project with Ms Elise Dupuis, EDHEC Alumna and Group Marketing Head at Sony Inc. France.
Anne Zuccarelli, Associate Dean for Corporate Relations & Careers, has been appointed Associate Dean of Academic Programmes for EDHEC Business School, by the School’s Dean, Olivier Oger.
After the financial crisis and the accompanying falls in the stock markets, many commentators have questioned the appropriateness of tracking cap-weighted indices. These indices are particularly inefficient and, through their momentum properties, favour the emergence of speculative bubbles.
Two 2009 alumni, Annabelle Stewart, MSc in Finance and Alexis Pacôme, MSc in Corporate Finance and one MSc in Risk & Asset Management student, Louis Gorge have been selected to join mid-July the programme. They will be joining other EDHEC Graduates that have already joined the programme in previous years.
In the study, EDHEC calls into question the method and the data used by the European regulator to measure the risk of private equity investments, in particular the correlation coefficient of performance of private equity and that of listed equities.
Dedicated to students in Finance enrolled in universities and business schools in Europe, the eFinancialCareers.com Investment Challenge sponsored by Bank of America Merrill Lynch is a great opportunity for them to test their trading competencies by participating in a virtual online trading game.
Once again, EDHEC students have been put in honor. The team of MIM Business Management Track students won the new business game launched by P&G dedicated to students enrolled in European business schools and universities.
EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2010, which presents the results of a comprehensive survey of 192 institutional investors, asset managers and private wealth managers conducted between January and March 2010.
On June 3rd, two EDHEC MSc students were respectively awarded the 1st and 3rd prizes at the 1st edition of the Quant Awards co-organised by State Street Global Advisors (SSGA) and the French CFA Society.
In a recent article published in the Financial Times, Abraham Lioui, Professor of Finance at EDHEC Business School, argues that the shorting ban introduced by the Securities and Exchange Commission (SEC) is clearly counterproductive.
EDHEC-Risk Institute and Rothschild have announced the creation of a research chair entitled ‘The
Case for Inflation-Linked Corporate Bonds: Issuers’ and Investors’ Perspectives’. The purpose of the
research chair is to support research undertaken at EDHEC-Risk Institute on the benefits of inflationlinked
corporate bonds both from the issuers’ as well as from the investors’ points of view. The chair
will also focus on contrasting the analysis, in corporate finance, and perceptions of inflation-linked
corporate bonds both by issuers and investors. The chair is led by Lionel Martellini, scientific director
of EDHEC-Risk Institute.
During the first semester, MSc students in Marketing had the opportunity to attain and apply knowledge of international marketing development in three company cases.
EQUIS-accredited since 1999, EDHEC Business School has just received its second reaccreditation for the maximum period of 5 years.
On March 18th, the first Advisory Board meeting of the Business Management Track took place in Paris at the Ritz Hotel.
Before departing on their career journey, MSc students in Lille got to experience the new EDHEC Campus that will welcome 2010 MIM and MSc students next September.
Dr. Sergio Focardi, Professor of Finance and Programme Director of the EDHEC-Risk Institute speaks about his new book that aims at bringing readers knowledge of advanced quantitative techniques.
As part of the CACEIS research chair on non-financial risks in investment funds, EDHEC-Risk Institute has surveyed UCITS and alternative asset managers, their service providers, external observers, and investors for their views of structuring hedge fund strategies as UCITS.
EDHEC is anchoring its position among the world’s top 50 business schools for executive education. The latest Financial Times Executive Education rankings place EDHEC 35th worldwide (up from 43rd in 2009) and 5th in France behind HEC, INSEAD, ESSEC and ESCP Europe. These rankings concern both in-house and inter-company education.
In a new position paper entitled "Spillover Effects of Counter-cyclical Market Regulation: Evidence from the 2008 Ban on Short Sales", Professor Abraham Lioui, Professor of Finance at EDHEC Business School looks at the impact of the ban on broad market indices in the US and in Europe (the United Kingdom, France, and Germany).
In 2010 EDHEC is opening two executive campuses, one in London and one in Singapore.
Over 80% of MSc and MIM 2009 Graduates Found a Job within 4 Months...
In its periodic series of conferences held at EDHEC Business School in Nice, Financial Tuesdays hosted on March 23rd, Pr. Lionel Martellini, Scientific Director of EDHEC-Risk and Professor at EDHEC Business School, who gave an insightful lecture on the topic "Towards Designing Better Equity Benchmarks".
Anne E. Witte, The Journal of International Business Education, 2010, vol. 21, no.2
Dr. Sergio Focardi, Professor of Finance at EDHEC Business School, and Programme Director of the EDHEC-Risk Institute Executive MSc in Risk and Investment Management for Europe, has released a new book entitled “Quantitative Equity Investing: Techniques and Strategies”, co-authored with Frank J. Fabozzi and Petter N. Kolm.
In an open letter addressed to European Internal Market Commissioner Michel Barnier on March 15, 2010, EDHEC-Risk Institute has warned of the dangers of prohibiting “naked” sales of sovereign credit default swaps.
This month the EDHEC Economics Research Centre publishes the results of a study (“L’Effet du système socio-fiscal sur les rendements privés de l’enseignement supérieur”) dealing with the effect of the tax and social security regime on the private returns on higher education.
Mr. Dennis McLeavey, Head of Education, EMEA at CFA Institute held a seminar on January 20th on Nice Campus. The objective was to introduce students to the CFA Program, its benefits and the competitive advantage of being a CFA Charterholder.
On February 11th took place the second general assembly of the Financial Economics ("FE") International Advisory Board. We asked Sébastien Vivier-Lirimont, Associate Dean of the Financial Economics and Business Management Tracks, to explain the role of the FE International Advisory Board and the new organisational structure of the FE Track.
On February 8th and 9th, investment professionals and institutional investors gathered for the fifth edition of the EDHEC-Risk Alternative Investment Days that was held in London. The conference remains the largest event dedicated to alternative investments in the UK with more than 1,000 participants from 43 countries.
Cédric Manara, professor of law, member of the LegalEDHEC Research Centre, specializes in legal issues related to the internet, intellectual property, and marketing. He will be speaking on February 24 at the Institute of Brand and Innovation Law (University College London) on the subject "Trade Marks and the Internet".
The fourth EDHEC Employment barometer is now out. It shows that the expected employment turnaround suggested in last autumn’s barometer has failed to materialise, with firms instead adopting a wait-and-see attitude.
The Alternative Asset Allocation Seminar will be given in London on 16-18 March and in New York on 30 March-April 1.
The French economic magazine Challenges has placed EDHEC at the top of the podium in the latest rankings of French business schools, declaring it the Most Dynamic Business School. Olivier Oger, Dean of EDHEC Business School, portrayed on the cover of the special issue explains the results of this position in a two-page interview.
The EDHEC-Risk Institute will be staging the fifth edition of the EDHEC-Risk Alternative Investment Days at The Brewery in London on February 8 and 9 next.
Pr. Paul Klumpes joined EDHEC Business School early January as Professor of Accounting. He will be teaching Financial & Fundamental Analysis to MIM Students, Research Methodology to MSc in Management Control Students. He will also teach a transversal seminar on "Business Numbers" to all MSc Students in the Business Management Track.
On January 14th, the new Thomson Reuters Trading room was inaugurated on Nice Campus. This event marks the beginning of a fruitful partnership between Thomson Reuters, one of the world leading sources of intelligent information for businesses and professionals and EDHEC Business School.
EDHEC-Risk Institute publishes a new position paper showing no excessive speculation in oil futures markets.
FTSE Group and EDHEC-Risk Institute have today launched the FTSE EDHEC-Risk Efficient Indices.
EDHEC-Risk Institute, the leading centre for asset and risk management research, announced today that the official name for the holding entity governing its entire range of activities would henceforth be ‘EDHEC-Risk Institute’.
In a recent consultation conducted by EDHEC-Risk Institute in the wake of the financial crisis , 95% of investment professionals surveyed felt that improvements in investment practices were needed and 86% of respondents believed that further education and effort were required to close the gap between real-word practice and research.
Because many aspects of the global oil markets have not been sufficiently transparent, it was unclear how much of the oil-price rally that peaked in July 2008 could be put down to speculation.
It was in a very friendly ambiance that the first of a series of Business Lunches named "Industry Speakers Series" dedicated to Marketing started on October 22nd on our Lille Campus with Procter & Gamble.
Three EDHEC Research Centres: Leadership & Corporate Governance Research Centre, LegalEDHEC, Marketing Interact have organised a series of seven monthly conferences dedicated to MIM and MSc students on Lille Campus. Through its Research Centres, EDHEC publishes, evaluates, develops or assesses new techniques or practices in various fields such as Marketing, Finance, Legal, Leadership or Economy.
We are very pleased to announce the appointment of Mr. Philippe Marchessaux, Chief Executive Officer of BNP Paribas Investment Partners, as a new member of the EDHEC-Risk Institute’s International Advisory Board.
EDHEC Business School and EDHEC-Risk Institute are pleased to announce the appointment of Bernd Scherer as Professor of Finance with EDHEC Business School and a member of EDHEC-Risk Institute.
In this study sponsored by Swiss Re and entitled “Solvency II: An Internal Opportunity to Manage the Performance of Insurance Companies,” EDHEC shows how the prudential framework of Solvency II should give a fillip to the cultural revolution underway in the managerial practices in insurance companies: integration of risks and consideration of the cost of capital and value creation, rather than mere analysis of profit margins.
EDHEC-Risk Institute today announced the extension of its PhD in Finance to Asia where it will be offered from Singapore.
In a newly-released report by Samuel Sender, Applied Research Manager at EDHEC-Risk, EDHEC has surveyed pension funds, their advisers, their regulators, their fiduciary managers, and their asset managers for their reactions to an EDHEC study entitled “Impact of Regulations on the ALM of European Pension Funds.”
The FT Master in Management 2009 ranking published on September 29th evaluated 55 universities and business schools worldwide.
The new Legal & Tax Management MSc at EDHEC Business School has been designed to give students a good grounding in the niceties of corporate and business law for work in international law consultancies and legal departments in large business organisations.
The European Commission is seeking to harmonise the UCITS depositary function and to strengthen investor protection mechanisms.
In a new position paper produced as a response to the proposed revision to IAS 19 by the International Accounting Standards Board (IASB), EDHEC has shown that the immediate recognition of the volatility of pension surpluses and deficits in the profit and loss accounts of the sponsor may lead pension funds to shed risky assets.
The results of a new study by EDHEC-Risk suggest that suitable extensions of portfolio optimisation techniques used by institutional investors can be transposed to private wealth management.
On September 22, Professor Florencio Lopez-de-Silanes, Professor of Finance and Economics at EDHEC Business School, was awarded the insignia of Knight of the Legion of honour by Professor Jean-Hervé Lorenzi, President of the French Circle of Economists.
On September 7th, EDHEC Business School welcomed over 820 students from all around the world both on our Lille and Nice Campus. 76 nationalities are represented this year and EDHEC is proud of achieving such a rich mix of nationalities and cultures that will further strengthen our programmes.
EDHEC-Risk and CACEIS have announced the creation of a new research chair on ‘Risk and Regulation in the European Fund Management Industry’.
Florencio Lopez de Silanes, professor of finance, EDHEC Business School, and head of a research programme on regulation and mutual fund governance at the EDHEC Risk and Asset Management Research Centre.
Whirlpool's partnership focus on our High-Tech Marketing course is a memorable example of cooperation delivering advanced marketing techniques with professional orientation to students.
In the wake of a report by the economics consultancy Oxera for the European Commission on the positive impact of MiFID, a new position paper from the EDHEC Risk and Asset Management Research Centre looks at the changes that have been effected in the European capital markets more than one year after the implementation of the directive.
The number of applications for admission to EDHEC’s doctoral programme rose by more than 60% year-on-year, making admissions even more competitive. PhD candidates joining the programme in 2009/2010 have outstanding academic and professional credentials.
Sebastien Vivier-Lirimont, MIM and MSc Associate Dean, discusses the new programme reform.
Tawhid Chtioui, BM Track Deputy Dean, gives us a feedback on the 2008 intake and the relevance of the programmes in the current economic turmoil.
At a special session of the EDHEC Institutional Days at the CNIT conference centre in Paris on May 26, EDHEC, Robeco and the Journal of Portfolio Management presented the first EDHEC Robeco Journal of Portfolio Management Award to the author of the academic paper published in the Journal of Portfolio Management in the previous calendar year which, in the opinion of the jury, has had the most relevance for institutional investors.
On June 21st, Noël Amenc, Professor of Finance at EDHEC Business School was interviewed by the Financial Times on why it is unfair to blame the financial crisis on hedge funds and private equity firms.
EDHEC-Risk and the Prime Brokerage Group at Newedge have announced the creation of a new research chair entitled ‘Advanced Modelling for Alternative Investments’ through which EDHEC researchers will develop advanced modelling techniques that can be used for alternative investment returns.
« Top Managers’ legitimacy – for (re)building?» This was the principal theme of the third EDHEC Research Day. The overall aim of the day was to present the latest developments in EDHEC’s research strategy and from its research centres.
The results of a new study by EDHEC suggest that it is not so much the presence of funding ratio constraints that is in itself costly for pension funds as their reluctance to implement risk-management strategies that are optimal given such short-term constraints.
Is it really possible to speak of research in the field of business ethics?
Some might think that research in the field of business ethics and, more broadly, in philosophy, boils down to studying or presenting the ideas of classic authors. In fact, papers on business ethics refer quite rarely to classic texts, but, like any research article, they try to answer a specific question
The third edition of EDHEC Research Day will take place on 16 June 2009 at La Maison de la Chimie in Paris. The major theme is the (re)building of managerial legitimacy.
Major success for the EDHEC Institutional Days that took place in Paris on May 26th and 27th. The third edition of EID, organised by the EDHEC Risk and Asset Management Research Centre last week in Paris, attracted more than 1200 delegates.
Dr Raphael Douady, one of the founders of Riskdata, the market-leading provider of highly advanced, result-oriented risk management solutions to the financial industry, conducted a full-day seminar on "Continuous Time Finance" at the EDHEC Business School in Nice on May 19th to the MSc Risk and Asset Management and MSc Capital Markets students.
We asked Dr Douady to share his views on the current economic turmoil and its impact on the industry and his relationship between Riskdata and EDHEC Business School.
EDHEC’s Master in Management students recently met the current MSc in Marketing students to find out more about their experience at EDHEC, both in their programme and their internship offers. This informal meeting was organised by permanent faculty and the School’s career centre in the form of a friendly breakfast discussion.
The EDHEC Risk and Asset Management Research Centre is pleased to announce that seven new members have joined its international advisory board, which brings together high-level representatives from regulatory bodies, leading pension funds, professional organisations and business partners.
Ms Cristina Mejia, External Affairs Officer at The World Bank, was present on EDHEC’s Nice campus on May 15 to talk to students about the work of The World Bank and to explain how their funds were channelled. The presentation provided an overview of The World Bank Group's mandates, strategic priorities and the range of financial and technical resources provided to support economic growth and poverty reduction in developing countries around the world.
The EDHEC Risk and Asset Management Research Centre has announced the results of the EDHEC European ETF Survey 2009, which presents the results of a comprehensive survey of 360 institutional investors and private wealth managers conducted in January and February 2009.
EDHEC's entry in the TOP 50 of the Financial Times 2009 Executive Education rankings confirms its international position among the world’s leading business schools.
The combined Open Enrolment Programmes and Customised Programmes ranking highlights EDHEC Business School’s ongoing drive to develop the international side of its executive education programmes.
The EDHEC Risk and Asset Management Research Centre and UFG have announced the creation of a new research chair entitled "Dynamic Allocation Models and New Forms of Target-Date Funds for Private and Institutional Clients." The chair will be overseen by a joint UFG/EDHEC steering committee.
A new study produced by the EDHEC Risk and Asset Management Research Centre, entitled “Impact of Regulations on the ALM of European Pension Funds,” analyses the impact of prudential and accounting constraints on the asset-liability management (ALM) of European pension funds in the Netherlands, the UK, Germany, and Switzerland.
The corporate demand for new talents stresses the need for a profound understanding of corporate issues in an environment that embraces change. In fact, we are facing a context that is changing from physical to virtual, from permissive to regulatory, from information to knowledge, from authority to ethics... This calls for more creative, dynamic and challenging managers to meet the emerging requirements of the labour market.
Only the best could survive in the fast-paced business simulation that was recently underway in the Master in Management programme. Tight deadlines, economic crises, stressful negotiations and cut-throat competition were all part of the game in the race to create the most profitable company in a fictional universe...!
An in-depth study of short-selling activities by EDHEC Finance Professor Abraham Lioui, entitled “The Undesirable Effects of Banning Short Sales,” calls into question both the reasons for the decision to ban short selling and the prejudices that weigh on those who short.
After EQUIS in 1999 and AMBA in 2003, EDHEC Business School obtained the American accreditation, AACSB, in 2005 for all of its programmes (ESPEME Bachelor, EDHEC Grande Ecole Master in Management, Masters of Science, Full-time and Executive MBAs). With today’s renewal of its AACSB accreditation, EDHEC reaffirms its membership of the highly select club of global institutions that hold the “triple crown”.
EDHEC Business School with its backdrop of various Research centres clearly focuses on the importance of Research and Development. Thanks to research, EDHEC has become the business school in mainland Europe to be the most frequently cited in the world's leading Economic press including The Financial Times, The Wall Street Journal (Europe and Asia), The Economist and Businessweek.
The EDHEC Risk and Asset Management Research Centre and Crédit Agricole Structured Asset Management (CASAM) have announced the creation of new research chair entitled “Core-Satellite and ETF Investment.”
In this new position paper entitled “Taking Care of Executive Legitimacy: A Neglected Issue of Corporate Governance,” Isabelle Mari, professor of strategy at EDHEC, and Valérie Petit, Director of the EDHEC Leadership and Corporate Governance Research Centre, examine the reasons for the growing precariousness of executive positions and suggest putting the legitimacy of management back at the core of corporate governance.
Participate in a live web conference that will allow you to understand the famous Grande Ecole programme!
Investment banks and asset management firms are increasing their long-term commitments to EDHEC research. The renowned Risk and Asset Management Research Centre has strengthened its attractiveness with new funding from the Finance industry. Despite the crisis, finance industry leaders are still choosing to increase their involvement within EDHEC's research programmes.
The “Hunters and Farmers” of International Private Banking and Wealth Management Industry come together in a panel discussion recently to provide expert career advice and professional guidance at an event co-organised by EDHEC’s Career Service and the Finance department.
EDHEC has several active students clubs and associations which help personal development and help students “grow”. Every year a new batch of students with various different and creative ideas come to the School and they find like-minded people to work towards a common objective. Such is the story of the “EcoFinance” Club at EDHEC whose main motivation is to sensitize Finance students about the benefits of investing in renewable and clean technologies and to educate them about the possibilities that there are viable business opportunities with respect to Climate Change.
In order to obtain feedback from the industry on the findings of the EDHEC European Investment Practices Survey 2008, which showed that current practice in the industry fails to draw on widely-published and freely-available techniques in portfolio management techniques, EDHEC issued a “call for reaction” asking for explanations and ways to improve portfolio construction.
The EDHEC Risk and Asset Management Research Centre has created a research chair in "ALM and Sovereign Wealth Fund Management", in partnership with Deutsche Bank, under the scientific responsibility of Professor Lionel Martellini, Scientific Director of the EDHEC Risk and Asset Management Research Centre.
The value of French commercial property assets fell 9.22% in 2008.
The EDHEC Risk and Asset Management Research Centre, Robeco and the Journal of Portfolio Management have come together to launch an annual award for the paper published in the Journal of Portfolio Management in the previous year that is deemed to be of most relevance and usefulness for European institutional investors.
Le Point, the French equivalent of Time Magazine or Newsweek, ranked EDHEC Business School the best school for Finance in France, with a perfect score of 100.
Professor of Finance and Scientific Director of the MSc in Corporate Finance at EDHEC Business School, Florencio López-de-Silanes reveals more about his research interests and describes his role in the MSc programme.
In a new EDHEC publication, entitled “Hedge Fund Performance in 2008”, Véronique Le Sourd, Senior Research Engineer at the EDHEC Risk and Asset Management Research Centre, provides a strategy-by-strategy account of the performance of each hedge fund strategy included in the EDHEC Alternative Indexes. One of the key conclusions of the report is that, except for CTAs and Short Sellers, all strategies posted their worst losses in 2008.
Distinguished Speaker on Asian Finance, Mr. Gilles Fratacci was on EDHEC's Financial Economics campus in Nice recently to give a presentation on Private Banking and the current situation in the Financial markets.
The EDHEC Career Centre hosted their regular workshop on gap year placements for the Master in Management (Grand Ecole) students finishing their 2nd year this June. The programme offers students the option to pursue a year-long internship between 2nd & 3rd year and glean practical knowledge before their final year of study.
In a new position paper from the EDHEC Risk and Asset Management Research Centre, François-Serge Lhabitant and Greg Gregoriou, two of academia’s recognised worldwide authorities on hedge funds, have reviewed some of the red flags that any operational due diligence and quantitative analysis should have identified as a concern.
A new research publication from the EDHEC Risk and Asset Management Research Centre finds that novel liability-hedging investment solutions can decrease the cost of inflation insurance and the probability of severe deficits for long-horizon investors versus a solution solely based on Treasury Inflation Protected Securities (TIPS) or inflation swaps. Liability-hedging investment solutions include commodities and real estate in addition to inflation-linked securities.
A new EDHEC position paper by Noël Amenc and Samuel Sender entitled “The Basel II reform that would have made most injections of public funds unnecessary” analyses one of the essential causes of systemic risk that has yet to be addressed by governments and regulators: the inflexibility of prudential regulation for banking.
Dr. Florencio Lopez de Silanes, finance professor at EDHEC Business School and head of the regulation and mutual fund governance research programme at the EDHEC Risk and Asset Management Research Centre, was made Knight of the National Order of the Legion of Honour by decree of the French Republic on 31 December 2008.
Dr. Florencio López de Silanes, finance professor at EDHEC Business School and head of the regulation and mutual fund governance research programme at the EDHEC Risk and Asset Management Research Centre, was made Knight of the National Order of the Legion of Honour by decree of the French Republic on 31 December 2008.
A new survey from the EDHEC Risk and Asset Management Research Centre, the EDHEC Hedge Fund Reporting Survey, shows that even before the Madoff scandal, investors were dissatisfied with the quality of information on liquidity and operational risk exposure and had noted the dangers of inadequate reporting.
The second part of the series – Careers in Banking - focusing on Commercial and Private Banking/Asset & wealth Management and Retail Banking was rated a top-class event by Finance MSc and MBA students as it provided them valuable insights for their future career.
The first part of the seminar took place in October with the theme - Careers in Investment Banking.
The EDHEC Risk and Asset Management Research Centre and the IEIF (an independent French real estate research institute), with the support of Finance Innovation, the global competitiveness institution, have announced the launch of the EDHEC IEIF Commercial Property Index (France).
A “call for reaction” was sent by EDHEC to international institutional investors and asset managers to compare investor views of amendments to the IAS39 and IFRS 7 standards not just with the conclusions of an initial EDHEC study, but also with the ambitions of these reforms prepared and adopted in great haste.
EDHEC confirms its leadership in Finance among top executives in the industry. Indeed more than 1200 high-level delegates registered for the EDHEC Alternative Investment Days in London on December 9-10. This event continues to be the most prestigious and well-attended academic and professional conference on alternative investments in Europe.
EDHEC Business School is currently in 9th place of the Financial Times Rankings of European Masters Programmes. French business schools have a reputation of excellence in standards of education throughout Europe and the proof of this can be seen in the latest rankings by the Financial Times, clearly dominated by French Business Schools. This ranking is a measure of quality for all candidates searching for a Masters programme in Europe.
This annual event provides the opportunity to meet exchange students coming from all parts of the world and learn about their school, country, culture and people or simply ask any questions that students might have to make the right decision about their very own academic exchange.
To provide maximum company contacts for students regular business lunches with company representatives are organised by various departments at EDHEC Business School. The MSc in Marketing Management students recently had one such lunch to discuss recruitment possibilities with representatives of the Redcats group, the leader in home shopping with 15 brands present in 29 countries.
Distinguished Speaker on Islamic Finance Harvesh Seegolam, an advisor in Financial Services Board of Investment, Mauritius was guest lecturer for the students of the MSc in Finance recently, sharing his expertise on the functioning of the contemporary world of Islamic finance.
Since 2006, students wishing to study in EDHEC’s MSc in Risk and Asset Management have been able to apply to the Singapore Financial Sector Development Fund (FSDF) Finance Scholarship Programme (FSP), a scholarship fund administered by the Monetary Authority of Singapore. Now this possibility has been extended to EDHEC’s MS in Finance, allowing more talented students to benefit from this privileged opportunity.
The 2008 edition of the Advances in Asset Allocation seminar jointly organised by CFA Institute and the EDHEC Risk and Asset Management Research Centre took place in London recently. This annual event takes stock of the latest research advances in asset allocation and clarifies the distinction between true innovation and mere marketing claims in emerging industry trends.
A panel of industry practioners and recruiters in the field of consulting got together on EDHEC’s campus in Nice last week for a highly interactive round table, offering Masters and MBA students invaluable advice on getting Consulting jobs and internships.
In a newly-released position paper by Samuel Sender, entitled “Banking: Why Does Regulation Alone Not Suffice? Why Must Governments Intervene?” EDHEC warns that prudential regulations for banking and other financial institutions are pro-cyclical and tend to reinforce the impact of the economic cycle on the balance sheet.
Spreading EDHEC’s outstanding reputation in the world of Finance across the Atlantic, EDHEC’s Prof Joëlle Miffre, Professor of Finance and member of the EDHEC Risk and Asset Management Research Centre, conducted a Seminar on Investing in Commodities in New York last month. She was joined by Hilary Till, co-founder of Premia Capital Management, LLC, a principal of Premia Risk Consultancy, Inc., and research associate with the EDHEC Risk and Asset Management Research Centre. Prof Till, who is a practitioner, delivered a practical insight into how she manages risk and the hedging strategies she uses for her portfolio.
Each year EDHEC Business School welcomes a number of high profile students who have been awarded one of the coveted Eiffel scholarships for excellence, awarded by French Ministry of Foreign and European Affairs and run by EGIDE.
Industry veteran turned head hunter cum executive coach Mr Patrick Fearon was on the Nice campus on the evening of October 8, 2008 to give a guest lecture on Investment Banking career paths to the students of Msc and MBA programme. Patrick spent 16 years with JP Morgan before making a career shift to executive head hunting and executive coaching. The video telecast of the presentation was available the following day for EDHEC students to review on the School’s on-line learning platform.
Another insightful evening on EDHEC's Nice campus for the students interested in careers in Investment Banking was recently organised in a cooperation between the School's Finance department and the Careers Centre.
EDHEC's Careers Centre organised a one-day seminar on applying to Investment Banks in the UK for Graduate Training Programmes, summer internships and gap year placements. The target audience was mostly the second and third year students of Grande Ecole (Master in Management) programme, who would like to pursue a career in Investment Banking.
Led by an exceptional team of instructors and dissertation directors, a select group of recent university graduates and experienced professionals will spend three years in a demanding doctoral programme.
EDHEC and EuroPerformance have released their annual rankings of the top UK asset management companies: the Alpha League Table. The Alpha League Table is constructed on the basis of a genuine measure of alpha, using a state-of-the-art methodology developed by EDHEC.
The Hedge Fund Summit at the EDHEC Alternative Investment Days in London on December 9 and 10 next will focus on the future of the hedge fund industry. The results of an exclusive EDHEC survey on hedge fund reporting will be presented during the Hedge Fund Summit by David Schröder, PhD, Business Analyst with the EDHEC Risk and Asset Management Research Centre.
2008 Financial Times rankings. The Grande Ecole programme was ranked 9th out of the top 50 European Master programmes.
The EDHEC Risk and Asset Management Research Centre and ORTEC Finance have announced the creation of a new research chair in Private ALM focused on understanding the application of Asset-Liability Management (ALM) methodology in Private Wealth Management (PWM).
Dominic O'Kane, affiliated Professor of Finance at EDHEC Business School has released a new book entitled Modelling Single-Name and Multi-Name Credit Derivatives.
The EDHEC Risk and Asset Management Research Centre will be staging the fourth edition of the EDHEC Alternative Investment Days at the ExCeL Centre in London on December 9 and 10 next. The conference aims to present the applied research conducted by the EDHEC Risk and Asset Management Research Centre with leading pension fund managers and to discuss its results with the institutional investor and fund manager communities.
This month's interview with Noël Amenc, PhD, Professor of Finance at EDHEC Business School and Director of the EDHEC Risk and Asset Management Research Centre, is featured in a special supplement that was drawn up by the French financial daily AGEFI on the occasion of the EDHEC Institutional Days in Paris.
The CRM course in EDHEC's MSc in Marketing Management programme combines the theoretical knowledge of how CRM integrates customer needs and a practical business experience with one of the worldwide leading providers of CRM solutions.
In the series of live web conferences, EDHEC hosted a presentation of the MSc in Capital Markets with a testimonial of an EDHEC graduate who is currently heading the european sales team of BNP Paribas.
The quality of professors is what many students consider an important deciding factor in their choice of business school. With this in mind, EDHEC Business School selects the very best speakers from three different sources - permanent professors from EDHEC, visiting professors from some of the most prestigious institutions from around the world and industry experts who are brought in to share their expertise in their specialised field.
We are very pleased to announce the appointment of Mr. Theo Jeurissen as Chairman of the International Advisory Board of the EDHEC Risk and Asset Management Research Centre.
Applications have been flooding in from around the world for all of EDHEC's Masters programmes with high profile candidates from renowned institutions setting themselves up for the next academic year.
We are very pleased to announce the appointment of Mr. Theo Jeurissen as Chairman of the International Advisory Board of the EDHEC Risk and Asset Management Research Centre.
Fuelled by massive investments on the part of funds of funds and institutions, hedge funds have grown from a cottage industry catering to the needs of private wealth to a trillion dollar business in which over 9,000 managers vie for the attention of global institutional investors.
EDHEC and Ceram hosted the 17th International Strategic Management Conference, held on the Nice campus between May 28 and 31, 2008.
For the first time in years, a professor at a French school of higher education is among the five most widely cited economics and management professors in the world.
EDHEC Business School is pleased to announce the launch of a new track dedicated to Finance, Economics and Auditing, as an alternative to the classic Masters in Management programme. The Financial Economics track starts in September 2009 on the School's Campus in Nice.
EDHEC Alumni Association is currently preparing the annual EDHEC Rendez-Vous, which this year will be held in the Grande Galerie de l'Evolution on Tuesday 24th of June in Paris. During this major event in the alumni calendar, the winner of EDHEC of the Year 2008 edition will be announced recognizing his/her contribution to EDHEC within the business World.
Decision-making on a mountain peak? This was the final activity in the module that rounded of this years MSc in Strategic Management programme, much to the surprise of the 35 participants who found themselves in snow at over 2300m.
The challenge of the 15th edition of the Raid has once again been taken up by EDHEC Business School in this cross country race that brings together professionals and students over 5 days of hiking, canyoning, rafting and kayaking.
Dave Snowden, a leading reference in the sensemaking field, recently held a six-hour seminar for the MSc Strategic Management students. This module came as part of the "contextual dynamics" module, which deals with the conditions of the environment or surrounding conditions that an organisation is operating in.
Florencio Lopez de Silanes: most cited European Researcher in Economics and Management in scientific journals worldwide!
The EDHEC Institutional Days at the CNIT conference centre in Paris-La Défense on June 12 and 13 next will present the applied research conducted by the EDHEC Risk and Asset Management Research Centre and discuss its results with the institutional investor and fund manager communities. Several renowned institutional investors from leading European and international organisations will be taking part in the conference.
EDHEC Business School and the EDHEC Risk and Asset Management Research Centre have combined forces to open a new three-year doctoral programme to Finance candidates from September 2008.
The recent EDHEC Research Day in Paris, gathered 200 professionals and economic players and served to examine the question of the financing of higher education in France today.
EDHEC is pleased to announce the second in a series of live web conferences aimed at highlighting the strengths of the new Masters of Science programmes. This conference which focuses on the MSc in Corporate Finance, follows shortly after last week's highly successful live web conference on the advantages and career prospects of EDHEC's MSc in Accounting and Management Control which attracted over 400 participants from around the world.
EDHEC is one of the first French schools to have installed a JobinLive terminal on campus in cooperation with sponsors, Société Générale. This multi-media terminal allows students to record a short self-presentation video which can be added to their on-line CV. It can also be used as an interview training tool, allowing students to be interviewed by a virtual recruiter and enabling them to self-analyse their interview skills.
Last week the EDHEC Cup Regatta, known in France as Course Croisière EDHEC gathered more than 6,000 students for the biggest student competition in Europe. More than 10,000 visitors witnessed this international sailing competition.
After last year's successful Carver project, the futuristic 3-wheel car, EDHEC's MSc Marketing have been given another opportunity to put their talents to the test with another car company - ZEST.
In conjunction with EDHEC Careers Service, Laurent Renard, one the most popular experts in networking held a presentation for EDHEC students to explain the best way to develop and use the various networking channels available.
This week, many well-established companies came to meet EDHEC MSc and MBA students to discuss career possibilities in a variety of industrial sectors and positions.
The international admissions office is currently working full steam as the number of applications arriving from around the world increases daily. Admissions for 2008 entry to EDHEC's Masters programmes are well underway as the June 30th deadline for applications draws nearer.
Thirty international academics and practitioners will be on EDHEC's camupus to present their research papers in the field of asset management.
The quality of students applying to EDHEC's Master programmes is undoubtedly impressive. This year no fewer than 3 outstanding international students have been offered the prestigious EIFFEL scholarship worth 1181 euros per month and reserved for high quality profiles.
EDHEC's recent Private Banking round table where students and professionals were able to meet and interact was greatly appreciated by students interested finding out more about career possibilities in this little known sector.
On the 11th of March 2008, Orange group came to EDHEC's Nice campus to present their Telecom Talents programme to interested students.
An EDHEC graduate was awarded the AFGAP/PRMIA prize, by the French Association of Asset-Liability Managers and the Professional Risk Managers' International Association, in the 2008 edition of a national competition for the best thesis in economics and finance
In a series of three articles written for a major French daily, EDHEC's finance reserachers and faculty expand upon Finance & Private Banking.
While EDHEC Business School is known around the world by students interested our Masters programmes, our range of executive programmes is also known by leading companies who approach us for top-level management courses that are tailored to their needs.
The prestigious Palais de la Mutualite in the heart of Paris was the venue for this year's EDHEC MBA and Master's Graduation Ceremony, which took place Saturday 8th of March. The 600 graduates from the class of 2007 congregated from all around the world to meet classmates and professors for one last time before officially integrating professional life.
Does the preliminary accord signed by a part of the unions and employers presage a French-style flexicurity? We are far from the road map initially drawn up by Nicolas Sarkozy during the presidential campaign, that is, the implementation of a single jobs contract with progressive rights.
The problems of purchasing power and the high concentration of low salaries in France have led to examinations of the suitability of the current lowering of some payroll taxes. An alternative mechanism, the details of which have not yet been specified, was recently mentioned by Nicolas Sarkozy
The EDHEC Risk and Asset Management Research Centre and Morgan Stanley Investment Management (MSIM) announced the creation of a new Research Chair "Financial Engineering and Global Alternative Portfolios for Institutional Investors".
Professor Philippe Mihailovich, currently on campus with EDHEC's MSc in Marketing Management students, is recognised as one of the founders of contemporary Brand Architecture.
Hands-on practice and team work are omnipresent in EDHEC's MSc in Marketing Management course. Last week's fast-paced business game provided the ideal opportunity for students to test their skills against their peers in a bid to become leaders of the most successful company - in a virtual world...
The 4L Trophy Rally, a student humanitarian event involving almost 1000 4L cars, 2000 participants, a 6000 km drive and 70 tons of school supplies finished in Marrakech on 22nd February with EDHEC's five-car team coming 39th out of almost 1000 participants.
EDHEC Junior Etudes (EDHEC Junior-Entreprise), is a non-profit association created in 1969 by a handful of dynamic EDHEC students keen to put their classroom theory into practice in the areas of marketing, finance, communications and strategy.
Findings of an EDHEC survey of 229 European institutional investors and asset managers
The O'KANE Credit Risk Seminar should appeal to all professionals in search of a thorough understanding of the workings, valuation, and risk management of credit derivatives, whether their organisations view these markets from the vantage point of traders, hedgers, or long-term investors.
French mutual fund performance overview for 2007
by Julien Laugel, Research Associate with the EDHEC Risk and Asset Management Research Centre
Véronique Le Sourd, Senior Research Engineer with the EDHEC Risk and Asset Management Research Centre provides a strategy-by-strategy account of the performance of each hedge fund strategy included in the EDHEC Alternative Indexes.
In 2008, EDHEC will be merging two of its most important conferences into a single event. The EDHEC Asset Management Days, which had been taking place in Geneva up until now, have been integrated into a new edition of the EDHEC Institutional Days, which will now be held every year in Paris in June.
In a context of moderate performance in the stock and bond markets in 2007, a new EDHEC report reveals that Funds of Hedge Funds, which are often taken to give an aggregate view of the industry's performance, returned 10.07% on average for the year, compared to 3.53% for the S&P 500 and 4.14% for the Lehman Global US Treasury Bond index.
Following recent initiatives by major investment banks such as Merrill Lynch and Goldman Sachs, EDHEC researchers have undertaken a detailed critical analysis of the various methodologies involved in hedge fund replication offers, examining the benefits and limits of the factor-based and pay-off distribution approaches.
EDHEC welcomes Edward Prescott, Nobel laureate, to its international conference on labor markets in Paris.
Aware of the importance of strong networking channels that will facilitate the integration of EDHEC graduates on the job market, EDHEC constantly strives to develop corporate relations in a number of ways. One initiative that shows the importance and quality of relations is the sponsorship of EDHEC amphitheatres by company partners.
Hilary Till and François Serge Lhabitant, leading experts in the theory and practice of commodities trading and alternative investment and both active members of the EDHEC Risk and Asset Management Research Centre recently gave a much appreciated seminar on Commodities Investing in London. M. Lhabitant is also a full time professor at EDHEC where he shares his expertise in the classroom with the MSc in Risk and Asset management students.
In an exclusive interview, Christophe Bonduelle, voted EDHEC of the Year 2007, talks about his management strategies as president of BONDUELLE, a leader in the fresh processed vegetable market. He explains how the values he learned during his EDHEC years still apply today.
In an interview published in the EDHEC Risk and Asset Management Research Centre's monthly newsletter, US SEC Commissioner Paul Atkins has affirmed that hedge funds are likely to be an important part of the solution to the subprime crisis.
The Nicolas Hulot Foundation
For nature and mankind
"Doing the preparation as Faust suggests is one of the best investments that you can make in your career progression" - Graham Hastie, Strategy Director of London Business School.
Together with CFA Institute, the EDHEC Risk and Asset Management Research Centre is introducing an annual event that will take stock of the latest research advances in asset allocation and clarify the distinction between true innovation and mere marketing claims in emerging industry trends.
How much do you really know about the recent crisis that rocked the US economy and which could soon affect you in your every day life?
Dominic O'Kane, Affiliated Professor of Finance at EDHEC Business School gives a clear understanding of the factors that led to the notorious subprime crisis, describes the mechanisms involved and draws conclusions for the near future.
The award winning annual guide to the French Riviera, the Pitchoun is due to come out on the 8th February this year. It is created from A-Z by EDHEC students who run their association like an efficient company and who manage an impressive 160 000 euro budget. The number 1 guide to Rivierra Living is much awaited by locals and tourists alike.
WinStrat is a business game that brings together almost 80 top schools in a nationwide competition aimed at sharpening participants' business acumen. The exciting simulation was created to develop relations between business schools and engineering schools in 2005 and the first edition attracted 30 schools. Since then it has continued to grow and currently 77 top French schools are participating in the race to win the coveted €5000 first prize.
Every year, Egide awards a number of scholarships to elite foreign students wishing to pursue their studies in French schools of higher education. After examination of 1312 application forms, the selection committee declared Ms Lidia Novak one of only 363 applicants to be granted the EIFFEL Scholarship to help her study in EDHEC's MSc in Finance this year.
Two scholarships worth almost 14 000 euros each have been made available through EDHEC's ties with leading companies. MBA applicants should send a formal request for these upon application ASAP.
The annual Thesus-EDHEC Alumni conference "Business in a Virtual World" welcomed nearly 70 participants last week and was devoted to exploring changes in leadership and management with respect to the emerging impact of the virtual business world.
Gregory Lefebvre, MSc in Marketing 2006-07
As part of the Marketing Planning Module, students work closely with a company to develop a marketing plan for a particular project. The plan includes a competitive analysis, customer analysis, product positioning, market trends and marketing and communications strategy.
When internationally-recognized companies are ready to pay for the consulting expertise of EDHEC MBA students, it can only mean that the programme is gaining increased respect in the professional world.
The module in the MSc in Strategic Management Praxis Streams was designed to complement the theoretical part of the curriculum with practical experience in the field of Strategic Management. During this course, students work on an assignment for a company, aiming to solve a specific, real-life strategic problem they are confronted with in their industry.