CACEIS and EDHEC-Risk Create New Research Chair on Risk Assessment and Performance Reporting

CACEIS and EDHEC-Risk Institute have created a new research chair at EDHEC-Risk Institute focusing on risk assessment and performance reporting.
This new three-year chair, entitled “New Frontiers in Risk Assessment and Performance Reporting”, will follow on from the previous CACEIS research chair at EDHEC-Risk Institute on “Risk and Regulation in the European Fund Management Industry.”
Led by Professor Noël Amenc, Director of EDHEC-Risk Institute, and Professor Lionel Martellini, Scientific Director of EDHEC-Risk Institute, the research chair team will examine new advances in risk measurement and reporting. The goal is to explore, for the benefit of institutional investors and asset managers, both new concepts and innovative applications of concepts that are popular in the investment world.
The chair will therefore focus on two major ideas:
– The consequences for the reporting of both institutional investors and asset managers of the change in conceptual paradigm from asset allocation to risk allocation, increasingly present within institutional investment and asset management, which is leading to a focus no longer on categories of assets but on categories of risk.
– An improvement in extreme risk measures and reporting for funds and institutional investment management.
Amenc said: “With the support of CACEIS, we very much look forward to advancing research in the different areas covered by this new research chair – improved risk reporting, by shifting from asset allocation to risk factor allocation; enhanced risk measurement for diversified equity portfolios; and better geographic segmentation for equity investing.”