Together with CFA Institute, the EDHEC Risk and Asset Management Research Centre has introduced an annual event that takes stock of the latest industry trends and research advances and clarifies the distinction between true innovation and mere marketing claims.


The second Advances in Asset Allocation seminar is an intensive three-day course which will provide participants with an in-depth appreciation of the concepts and techniques that will shape the future of investment management as well as equip them with practical tools to improve asset allocation processes, implement novel investment management approaches, and develop new products.

Presented in a highly accessible manner by a team of instructors with established reputations for bringing together academic expertise and industry experience, the seminar balances exploration of new models and approaches with applications and case studies.

Course Contents:

The CFA Institute / EDHEC Second Annual Advances in Asset Allocation Seminar:

- Addresses estimation issues and model shortcomings to optimise portfolio construction in a world that does not conform to the tenets of modern portfolio theory.

- Explores enhanced index construction, optimal benchmarks and efficient indices; it also imparts research-based insights into the performance of fundamental index®* strategies and socially responsible investing.

- Looks at the benefits of alpha-beta separation, explores optimal risk budgeting techniques in the context of core-satellite investing, and applies them to the design of long-only absolute return funds and novel liability driven investment solutions.

- Examines dynamic risk management techniques and presents a framework for blending active management and risk control that allows for the development of new structured products.

- Discusses the latest advances in asset-liability management and looks at the potential of alternative classes and strategies as diversification, substitution, and inflation-hedging vehicles.

*Fundamental Index® is a trade mark of Research Affiliates, LLC

Seminar Instructors:

- Noël Amenc, PhD, Professor of Finance and Dean of Research at EDHEC Business School and Director of the EDHEC Risk and Asset Management Research Centre.

- Lionel Martellini, PhD, Professor of Finance at EDHEC Business School and Scientific Director of the EDHEC Risk and Asset Management Research Centre.

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