Concept
Investment management
Related publications (74)
Portfolio Construction with Hierarchical Momentum
This article presents a portfolio construction approach that combines the hierarchical clustering of a large asset universe with the stock price momentum. On one hand, investing in high-momentum stocks enhances returns by capturing the momentum premium. On ...
Pageant Media Ltd2024International Portfolio Choice with Frictions: Evidence from Mutual Funds
Using data on international equity portfolio allocations by U.S. mutual funds, we estimate a portfolio expression derived from a standard mean-variance portfolio model extended with portfolio frictions. The optimal portfolio depends on the previous month a ...
OXFORD UNIV PRESS INC2023Essays on the Role of Policy and Venture Financing in Clean Technology Innovation
This thesis aims to provide novel analyses and data that improve the understanding of the financing of investments in clean technologies. In particular, this thesis explores the role that private and public actors play in supporting young innovative firms. ...
EPFL2022Patron-Driven Acquisition et Evidence-Based Acquisition: Comment implémenter ces modèles afin d’étendre l’offre documentaire dans une bibliothèque ?
Nowadays, usage-based acquisition models for e-books, as PDA and EBA, are quite spread and allow libraries to offer wider collections, without acquiring them. A PDA with Ebook Central was implemented in 2019 and a first EBA with Wiley in 2021. The EPFL Lib ...
Liège Université2022Mise en oeuvre d’une gestion du risque en entreprise 2.0
The Management is a key element in organizations and is a major component in their success. The aim of this thesis is to study the implementation of an enterprise management by putting forward the human factor. The ISO31000 ”Risk Management” standard and t ...
2022Risk-based methodology to assess bridge condition based on visual inspection
Eugen Brühwiler, Numa Joy Bertola
The visual inspection of existing infrastructure is a critical step for asset management, as the detection and quantification of damage must be useful to prioritise maintenance. In Switzerland, main inspections are made every five years for all road bridge ...
2021Re-evaluating natural resource investments under uncertainty: An alternative to limited traditional approaches
The need to evaluate natural resource investments under uncertainty has given rise to the development of real options valuation; however, the analysis of such investments has been restricted by the capabilities of existing valuation approaches. We re-visit ...
2020Framework to Approximate the Value of Information of Bridge Load Testing for Reserve Capacity Assessment
Ian Smith, Numa Joy Bertola, Marco Proverbio
In developed countries, structural assessment of existing bridges should not be performed using the same conservative models that are used at the design stage. Field measurements of real behavior provide additional information for the inference of previous ...
2020Agency conflicts and short- versus long-termism in corporate policies
We build a dynamic agency model in which the agent controls both current earnings via short-term investment and firm growth via long-term investment. Under the optimal contract, agency conflicts can induce short- and long-term investment levels beyond firs ...
ELSEVIER SCIENCE SA2020Measurement-system design for structural identification
In developed countries, the management of existing civil infrastructure is challenging due to evolving functional requirements, aging and climate change. Due to conservative approaches in construction design and practice, infrastructure often has hidden re ...
EPFL2020