EDHEC-Risk Institute and Natixis have partnered to create a research chair entitled "Investment and Governance Characteristics of Infrastructure Debt Instruments".
EDHEC-Risk Institute and Natixis have partnered to create a research chair entitled “Investment and Governance Characteristics of Infrastructure Debt Instruments”.
The chair will “contribute to clarifying the nature and investment profile of infrastructure debt instruments in order to reduce the relative shortfall of publicly available investment data on the subject, compared to longer established investment segments”, a joint statement said.
It will specifically focus on the risk and return characteristics and portfolio diversification benefits that infrastructure debt instruments can bring to institutional investors.
The research associated with the Infrastructure Debt Chair will be led by research director Frederic Blanc-Brude, who has more than 10 years research experience in the infrastructure sector and who has published numerous academic papers on this topic.
This three-year partnership was signed by Laurent Mignon, Natixis chief executive officer, and Noël Amenc, director of EDHEC-Risk Insitute.
“This partnership with EDHEC-Risk Institute will contribute to facilitating the cooperation between banks and institutional investors in infrastructure debt. By sponsoring this chair, Natixis aims to help allow institutional investors to play a more active role in the financing of infrastructure investments that are crucial as drivers of growth, productivity and competitiveness”, said Mignon.
“In the current macroeconomic and regulatory context, it makes particular sense to conduct research into the investment characteristics and governance of infrastructure debt instruments,” added Amenc.
Since 2001, EDHEC has been pursuing an ambitious policy known as “Research for Business”, It aims to make EDHEC an academic institution of reference for the industry in a small number of areas in which the school has reached critical mass in terms of expertise and research results, notably asset and risk management.
This institute now boasts a team of 85 permanent professors, engineers and support staff, as well as 45 research associates from the financial industry and affiliate professors.
It has campuses in Singapore, established at the invitation of the Monetary Authority of Singapore (MAS), the City of London, and Nice, France. It also has a research team located in the United States.
Natixis is the corporate, investment and financial services arm of Groupe BPCE, the second largest banking group in France with 21% of total bank deposits and 36 million clients spread over two networks, Banque Populaire and Caisse d’Epargne.
With around 22,000 employees, Natixis is organized in three main business lines: Wholesale Banking, Investment Solutions and Specialized Financial Services.