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. The chair is under the leadership of Lionel Martellini, scientific director of the EDHEC-Risk Centre.
According to Professor Martellini, “The ability to rely on robust sophisticated alternative investment modelling techniques is fundamental for alternative investment performance evaluation, as well as for risk management and asset allocation decisions (both at the strategic and tactical levels) of portfolios involving alternative investments. Last but not least, alternative investment modelling is also a key challenge in asset-liability management decisions.”
“As a long-standing partner of EDHEC-Risk and having supported many of its publications, including the recent Hedge Fund Reporting Survey, we are delighted to be involved in this new three-year research chair on ‘Advanced Modelling for Alternative Investments’. Newedge is pleased to support high added-value initiatives both in terms of adding value to research and providing useful innovations for the industry,” added Philippe Teilhard de Chardin, global head of the Prime Brokerage Group at Newedge.
Patrice Blanc, ceo of Newedge, said, “Prime Brokerage is clearly one of our most promising areas of growth. In keeping with our evolving leadership role in this field, Newedge is proud to play a leading role in the development of the advanced modelling techniques that can benefit the alternative investments industry.”
“The purpose of this research chair is to expand the frontiers in alternative investment modelling techniques by enhancing the understanding of the dynamic and non-linear relationship between alternative investment returns and the returns on underlying fundamental systematic factors, and analysing the implications in terms of the management of portfolios including alternative investments,” concluded Noël Amenc, Director of EDHEC-Risk.