Written on 10 July 2018.
Lionel Martellini, Professor of Finance at EDHEC Business School and Director of EDHEC-Risk Institute, was invited to make a keynote address on the subject of ageing population: goal-based investing and its application to the retirement problem at the Amundi World Investment Forum in Paris on 29 June, 2018.
The 2-day event focused on long-term thinking, beyond short-term constraints. Speakers explored the future of growth in an increasingly multipolar world and address the long-term responsibility of financial actors on ageing populations and responsible investment, as well as their consequences in term of investment solutions.
The ageing population’s dynamics weigh on the sustainability of pension systems, already hit by financial crises. Climate change related risks and ESG issues are increasingly acknowledged. These far reaching challenges are questioning the collective long-term responsibility of the financial community and the role it has to play to address them.
Lionel Martellini gave a keynote speech entitled “Flexicure Retirement Solutions A Part of The Answer to the Pension Crisis” and examined the following issues:
Lionel Martellini, PhD, is Professor of Finance at EDHEC Business School and Director of EDHEC-Risk Institute. He is a former member of the faculty at the Marshall School of Business, University of Southern California, and has also taught at U.C. Berkeley and at Princeton University, where he has been a visiting fellow at the Operations Research and Financial Engineering department. Professor Martellini holds Master’s Degrees in Management (ESCP Europe), Economics (ENSAE), Mathematics (Paris 6 University) and Statistics (Paris 6 University), as well as a PhD in Finance from the Haas School of Business, University of California at Berkeley. Outside of his activities in finance, he recently completed a PhD in Relativistic Astrophysics (University Côte d'Azur) and has become a member of the LIGO/Virgo international collaboration for the observation of gravitational waves. He has served as a consultant for large institutional investors, investments banks and asset management firms on a number of questions related to risk and asset allocation decisions, and is a regular speaker in seminars and conferences on these subjects.