Welcome to the Geneva Finance Research Institute (GFRI).
GFRI research is multidisciplinary and encourages synergies between the Geneva School of Economics and
Management (GSEM), the Faculties of Law, Psychology and Science of Education. GFRI collaborates in particular with the Center for Banking and Financial Law and the National Center for Research in Affective Sciences, both located at the University of Geneva.
GFRI also engages in knowledge transfer activities such as conferences, seminars and public debates on finance topics related to Portfolio Management and Corporate Governance.
GFRI is delighted to announce its Finance Seminar Series supported by Geneva Financial Center:
May 26, 2016
Prof. Suresh Sundaresan, Columbia University, 12.15-13.45, room PS06
Jun 2, 2016
Prof. Arvind Krishnamurthy, Stanford, Cancelled
Jun 9, 2016
Prof. Kris Jacobs,University of Houston, 12.15-13.45, room PS06
Date added: May 4, 2016 Taux négatifs et franc fort, dans quel état est l'économie suisse?
Date added: May 3, 2016 Digitalization in Banking—Separating Reality from Hype - 21st June 2016
Date added: Apr 22, 2016 Signing Ceremony SFi-GEMWeM - 1st June 2016
Date added: Apr 18, 2016 Prof. Valta forthcoming publication in the Journal of Financial Economics
Prof. Philip Valta ‘s research paper Debt Enforcement, Investment, and Risk Taking Across Countries (with Erwan Morellec, Giovanni Favara, and Enrique Schroth) has been accepted for publication at the Journal of Financial Economics.
Date added: Apr 18, 2016 Video Presentation: Prof. Fabio Trojani
Prof. Fabio Trojani presenting his research "From Data Science to Hedge Fund Performance" at the 5th Swiss Asset Management Day on 7 April 2016
Date added: Apr 13, 2016 Prof. Tony Berrada forthcoming publication in "Current Biology"
"Variance after-effects distort risk perception in humans" by E. Payzan-LeNestour, B. W Balleine, T. Berrada & J. Pearson is forthcoming in Current Biology.
In many contexts, decision-making requires an accurate representation of outcome variance—otherwise known as “risk” in economics. Conventional economic theory assumes this representation to be perfect, thereby focusing on risk preferences rather than risk perception per se [1-3], but see . However, humans often misrepresent their physical environment. Perhaps the most striking of such misrepresentations are the many well-known sensory after-effects, which most commonly involve visual properties, such as color, contrast, size, and motion. For example, viewing downward motion of a waterfall induces the anomalous biased experience of upward motion during subsequent viewing of static rocks to the side . Given that after-effects are pervasive, occurring across a wide range of time horizons  and stimulus dimensions (including properties such as face perception [7,8], gender , and numerosity ), and some evidence exists that neurons show adaptation to variance in the sole visual feature of motion , we were interested to assess whether after-effects distort variance perception in humans. We found that perceived variance is decreased after prolonged exposure to high variance and increased after exposure to low variance within a number of different visual representations of variance. We demonstrate these after-effects occur across very different visual representations of variance, suggesting these effects are not sensory but operate at a high (cognitive) level of information processing. These results suggest, therefore, that variance constitutes an independent cognitive property and that prolonged exposure to extreme variance distorts risk perception—a fundamental challenge for economic theory and practice.
Date added: Mar 24, 2016 LATSIS SYMPOSIUM 2016 / 3rd GENEVA SUMMIT ON SUSTAINABLE FINANCE
The theme of the event was “The Role of Finance in Promoting Sustainable Development.” As in previous years, the conference was a platform for sustainable finance related research relevant to academics, investment practitioners, think-tanks, policy-makers, non-governmental organizations, and civil society at large.
The conference featured a keynote presentation by Mr. Tidjane Thiam, CEO of Credit Suisse and it has generated 1200 registrations.
Press articles covering the conference:
- Geneva Summit on Sustainable Finance CS Chef fordert Umdenken, NZZ, 23.03.16 [Download]
- Très attendu hier à Genève, l’Agefi, 23.03.16 [Download]
- La finance durable a rassemblé plus de 1000 participants à Genève, Le Temps,23.03.16 [Download]
- Tidjane Thiams Mantra, Finews, 23.03.16. [Download]
- Rayonnement international et audience en nette hausse, l’Agefi 17.03.16 [Download]
- La finance durable est érigée en vedette à Genève, Tribune de Genève, 21.03.16 [Download]
Date added: Mar 7, 2016 LATSIS SYPOSIUM 2016
Date added: Feb 24, 2016 L'Université de Genève lance une formation de masse en gestion de fortune
L'Université de Genève lance une formation de masse en gestion de fortune
L’alma mater genevoise a remporté un appel d’offres de Coursera, une entreprise de la Silicon Valley spécialisée dans les cours via Internet. En tant que partenaire, UBS va utiliser la plateforme pour former ses employés.
Date added: Jan 26, 2016 Prof. Michel Girardin
Date added: Jan 21, 2016 Prof. Rajna Gibson Brandon
Prof. Gibson Brandon has been nominated Editorial Board Member of the Financial Analysts Journal with effect from the 1st of January 2016.
Date added: Jan 21, 2016 Online course: Make Smart Investment Decisions Build and manage a wealth-generating investment portfolio.
Date added: Nov 17, 2015 CAIA - UNIGE Academic Partnership Signing Ceremony
All pictures taken during the CAIA-UNIGE Academic Partnership
Signing Ceremony held at the University of Geneva on
the 9th of November 2015 are available here
Date added: Nov 6, 2015 Prof. Philipp Krueger awarded with the prestigious Moskowitz Prize
The 2015 Moskowitz Prize recognized the paper "Climate Change and Firm Valuation: Evidence from a Quasi-Natural Experiment" for Outstanding Research in Socially Responsible Investing. The report was authored by Philipp Krüger, Assistant Professor of Responsible Finance at the University of Geneva and Junior Chair at the Swiss Finance Institute.
Date added: Oct 30, 2015 Mrs Elisabeth Pröhl awarded with funding to advance her dissertation research