RISK MANAGEMENT

EDHEC Business School adds finance professor

Riccardo Rebonato joined EDHEC Business School as professor of finance, and also became a member of the EDHEC-Risk Institute, said a spokeswoman for the academic institution.

It is a new position, Mr. Rebonato, who started earlier this month, is an expert in interest-rate-risk modeling and management and will strengthen EDHEC’s fixed-income expertise, said Lionel Martellini, director of EDHEC-Risk Institute, in a news release.

“Fixed-income investing is a strategic area of development for our institute, with a number of increasing relevant questions for investors, including smart harvesting of interest rate and credit risk premia, the impact of a zero-interest-rate environment on bond portfolio management, or efficient interest-rate-risk management in retirement investing solutions,” Mr. Martellini added.

Mr. Rebonato — a professor and author of a number of publications on interest-rate modeling and risk management — was previously global head of rates and foreign-exchange research at Pacific Investment Management Co., the news release said. Lutz Schloegl, executive vice president responsible for emerging market and commodities analytics at PIMCO, is absorbing his responsibilities.