EDHEC-Risk Institute

This chair analyses the developments in the use of exchange-traded funds (ETFs) as part of the asset allocation process and looks at advanced forms of risk budgeting within the framework of a core-satellite approach. Recently, EDHEC-Risk conducted research aimed analyzing whether ESG investing improves risk-adjusted performance.

This research chair involves three years of academic research to analyze the role of real estate in investment solutions. The aim of this research chair is to provide a comprehensive analysis of the role of listed and unlisted real estate investments in institutional portfolios, with a particular emphasis on how dedicated forms of real estate investments can prove to be key ingredients within the performance and hedging components of welfare-improving forms of retirement solutions.

The aim of this chair is to expand the scientific literature on investor welfare-enhancing methodologies for portfolio construction in a goals-based investing framework. The chair focuses on a detailed analysis of the interplay between diversification and insurance. EDHEC-Risk also explores the optimal design of personalised performance portfolios for liability-driven investors suggesting that investors would benefit from the availability of ‘precision investing portfolios’ tailored to their specific circumstances, as opposed to being left with portfolios that focus on standalone performance.

This chair develops new research on goals-based investing for the construction of retirement investment solutions for individuals. The aim of the research is to develop a holistic goal-based investing framework for analyzing optimal retirement investing decisions for individuals in the transition or de-accumulation phase of their investment lifecycle, by using a broad range of investment product categories including stocks, bonds as well as annuity-related products.