EDHEC-Risk Institute hired Frank J. Fabozzi to join its North American strategy and work on the development of EDHEC-Risk Institute North America beginning August 1.
He will team up with Lionel Martellini, scientific director of EDHEC-Risk Institute, who will be in charge of North American development for the Institute from the beginning of the 2011-12 academic year. Fabozzi will also supervise dissertations of candidates to the EDHEC-Risk Institute Ph.D. in finance, a program open to finance practitioners.
Fabozzi, Ph.D., CFA, CPA, has been the editor of the Journal of Portfolio Management since 1986 and comes to EDHEC from his position as professor in the Practice of Finance and Becton Fellow at Yale University’s School of Management. Before joining the Yale faculty in 1994, he was a visiting professor of finance at the Sloan School of Management at Massachusetts Institute of Technology. Fabozzi sits on the board of directors of the BlackRock family of closed-end funds. In November 2002, he was inducted into the Fixed Income Analysts Society Hall of Fame and in 2007 was the recipient of the C. Stewart Sheppard Award given by CFA Institute.
As editor of the Journal of Portfolio Management over the past 25 years, Frank Fabozzis primary goal has always been the integration of theory and practice, Nol Amenc, director of EDHEC-Risk Institute, says. We are delighted and honored that he has decided to join our efforts at EDHEC-Risk Institute to combine academic excellence with industry relevance, and we look forward to working with Frank as we expand our activities in North America.
Fabozzi adds: A 2010 industry survey conducted by EDHEC-Risk Institute found that 86% of the professionals polled considered that further education and effort were required on the part of investment managers to close the gap between research advances and real-world practices, and 79% felt that it was [very] important for academe to pay more attention to the applicability of research. It is this important role that EDHEC Business School and EDHEC-Risk Institute will play in the education of finance professionals, and it is one of the principal reasons why I was honored to be asked to join the faculty of the school and invited to be a member of the Institute.
(CM)