Author: Mark Rubinstein

EMMANUEL F. JURCZENKO is an Associate Professor in Finance at the ESCP-EAP and a Head of Quantitative Analysts within AAAdvisors-QCG (ABN Amro Group) and Variances. He is graduated in Economics and in Finance, and holds a Ph D in Economics (Multi-moment Asset Pricing Models) from the University of Paris-1 (Panthéon-Sorbonne). He gained market experience for several years as a Quantitative Analyst within a subsidiary of ABN Amro dedicated to funds of funds. He is appointed as an Associate Professor of Finance at the ESCP-EAP European School of Management since 2000 where he teaches Portfolio Management, Financial Mathematics, Options and Other Derivatives, and Corporate Finance. His centre of interests mainly concerns Portfolio Management, Asset pricing and Applications of Statistics in Finance. He is also associate researcher at CES/CNRS (Center for National Research) at the University of Paris-1. BERTRAND B. MAILLET is CEO and Head of Research within AAAdvisors-QCG (ABN Amro Group) and Variances, and Lecturer in Economics at the University of Paris-1. He is graduated in Economics, in Finance and in Statistics, and holds a Ph D in Economics (Market Efficiency and Performance Measurements) from the University of Paris-1 (Panthéon-Sorbonne). After being qualified as a Lecturer in Economics in the same university in 1997 (lectures in Financial Econometrics, International Finance and Microeconomics), and appointed as Professor of Finance at the ESCP-EAP European School of Management (lectures in Risk and Portfolio Management), he developed consulting activities in various financial institutions, before joining the ABN Amro Group as a Head of Research in a multi-fund activity. His domain of expertise covers risk management, performance measurement, portfolio management and asset pricing. He has published several articles in academic journals such as Quantitative Finance, Review of International Economics and The European Journal of Finance, chapters in books edited by John Wiley, Springer and Kluwer Academics, and serves as a referee in several international leading journals. He is also currently associate researcher at CES/CNRS (Center for National Research) at the University of Paris-1 and at the Financial Markets Group of the London School of Economics.