- Why EDHEC
- All programmes
- Executive Education
- Research and Innovation
-
Companies and careers
Working with and for companiesThe company is the focal point of EDHEC’s plan, and its reason for being.
- EDHEC Experience
Towards the Design of Better Equity Benchmarks
Following recent research on the relevance of idiosyncratic risk in asset pricing models, Lionel Martellini proposes to use total volatility as a model-free estimate of a stock's excess expected return, and analyze the implications in terms of the design of improved equity benchmarks.
Author(s):
Professor of Finance and Scientific Director of the EDHEC Risk and Asset Management Research Centre
| Type: | Working paper |
|---|---|
| Date: | le 13/10/2008 |
| Extra information : | Pour plus d'informations, nous vous prions de vous adresser à Séverine Anjubault, Direction de la recherche de l'EDHEC [ severine.anjubault@edhec.edu ] Les opinions exprimées sont celles des auteurs et n'engagent pas la responsabilité de l'EDHEC. |
| Research Cluster : | Finance |
See Also
![[EDHEC Infra Days] The first event to bring together advanced quantitative techniques to the world of private, illiquid infrastructure investment](https://www.edhec.edu/sites/www.edhec-portail.pprod.net/files/styles/actualite_hp_col3/public/edhec-infradays-london-18_5.png "[EDHEC Infra Days] The first event to bring together advanced quantitative techniques to the world of private, illiquid infrastructure investment")
![[Student Experience] Immersion trip - Welcome to San Francisco!](https://www.edhec.edu/sites/www.edhec-portail.pprod.net/files/styles/actualite_hp_col3/public/groupe_visuel1_5_1_1_1.jpg "[Student Experience] Immersion trip - Welcome to San Francisco!")
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the top 15 European business schools, ranked 1st worldwide for its Master in Finance. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. For business from birth and dedicated to business, EDHEC makes entrepreneurs for life, able to remodel or create successful businesses wherever they work.
EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching philosophy, inspired by its award-winning research activities, focuses on “learning by doing”.
