Bruno SOLNIK
Distinguished Emeritus Professor
Finance
Biographie
Bruno Solnik is Distinguished Emeritus Professor of Finance at HEC-School of Management in France and Visiting Professor of Finance at HKUST in Hong Kong. He holds an Engineer degree from Polytechnique in Paris and a PhD from MIT. He was on the faculty of the Stanford Business School before joining HEC. He has been a visiting professor at the University of California at Berkeley, UCLA , Université de Genève, University of New South Wales and University of Tokyo (todai).
He is a former President of the European Finance Association and Director of the American Finance Association. He has written seven books, five in France and two in the USA, including Global Investments (formerly titled International Investments, the leading textbook in the field, translated into Spanish, Japanese and Chinese). The sixth edition of Global Investment, coauthored by Dennis McLeavey of the CFA Institute, is used for all three levels of the CFA examination. He has published some fifty articles in leading finance and economics journals such as the Journal of Finance, the Financial Analysts Journal, Journal of Financial and Quantitative Analysis, Journal of Economic Theory, Journal of International Money and Finance, etc.. He also serves on the board of editors of several major Finance journals in America, Europe and Asia.
Professor Solnik has served on the Council for Education and Research of the AIMR (now CFA Institute) and on its Research Foundation. He has received many prizes, including two Graham & Dodd Awards for Excellence by the Financial Analysts Journal, The "Finance Award of the Year" at the 1998 Interlaken Finance Symposium, and the Nicholas Molodovsky Award, presented by the AIMR Board of Governors on May 22, 1999. "This award is given periodically only to those individuals who have made outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment". He was the first non-American to receive the award.
Articles scientifiques
Journal of Empirical Finance, mars 2021, vol. 61, pp 82-102, (in coll. with A. Akbari, L. Ng)
Journal of Financial and Quantitative Analysis, novembre 2020, vol. 55, n° 7, pp 2270-2303, (in coll. with A. Akbari, L. Ng)
Journal of Investment Management, 2019, vol. 17, n° 1, pp 4-26, (in coll. with T. WATEWAI)
Review of Finance, août 2017, vol. 21, n° 5, pp 2045–2074, (in coll. with L. ZUO)
Review of Asset Pricing Studies, 3 février 2016, vol. 6, n° 2, pp 221-260, (in coll. with T. WATEWAI)
Management Science, février 2012, vol. 58, n° 2, pp 273-292, (in coll. with L. Zuo)
CFA Digest, février 2009, vol. 39, n° 1, pp 55-56, (in coll. with S. Michenaud)
Journal of International Money and Finance, septembre 2008, vol. 27, n° 5, (in coll. with S. Michenaud)
Annals of Economics and Finance, 2002, vol. 3, pp 249-298, (in coll. with C. Harvey, G. Zhou)
Journal of Finance (The), avril 2001, vol. 56, n° 2, pp 649-676, (in coll. with F. Longin)
Ouvrages
Dunod (in coll. with B. JACQUILLAT, C. PERIGNON )
Dunod (in coll. with C. PERIGNON, B. Jacquillat )
Pearson - Prentice Hall (in coll. with D. McLeavey )
Addison Wesley
Nathan, Paris
Addison Wesley
Dunod
Dunod (in coll. with B. JACQUILLAT )
Nathan, Paris
Editions Economica (in coll. with R. Roll )
Chapitres d'ouvrages
Recent Developments In International Finance And Banking, S. Khoury (Ed.), Editions Belin
Geld, Banken And Versicherungen, M. Göpl (Ed.), Athenaum
Economie Des Intermédiaires Financiers, J. J. Rosa (Ed.), Editions Economica
Actes de conférence
The 8th Annual Congress of the European Federation of Financial Analysts repris in Analyse Financière en décembre 1984 , 1985 , Madrid
Proceedings of the First International Congress on Stock Exchange , 1972 , Milan (F. Modigliani, G. Pogue, M. Scholes)
Cahiers de recherche
Hong Kong University of Science and Technology Working Paper Series , 2017
SSRN Electronic Journal , 2017
Hong Kong University of Science and Technology Working Paper Series , 2013
Mimeo , 2009
Mimeo , 2008
Mimeo , 2008
Mimeo , 2006
Mimeo , 2006
Cahier de Recherche du Groupe HEC , 2000
Cahier de Recherche du Groupe HEC , 2000
Articles scientifiques
Journal of Empirical Finance, mars 2021, vol. 61, pp 82-102, (in coll. with A. Akbari, L. Ng)
Journal of Financial and Quantitative Analysis, novembre 2020, vol. 55, n° 7, pp 2270-2303, (in coll. with A. Akbari, L. Ng)
Journal of Investment Management, 2019, vol. 17, n° 1, pp 4-26, (in coll. with T. WATEWAI)
Review of Finance, août 2017, vol. 21, n° 5, pp 2045–2074, (in coll. with L. ZUO)
Ouvrages
Dunod (in coll. with B. JACQUILLAT, C. PERIGNON )
Dunod (in coll. with C. PERIGNON, B. Jacquillat )
Pearson - Prentice Hall (in coll. with D. McLeavey )
Addison Wesley
Chapitres d'ouvrages
Recent Developments In International Finance And Banking, S. Khoury (Ed.), Editions Belin
Geld, Banken And Versicherungen, M. Göpl (Ed.), Athenaum
Economie Des Intermédiaires Financiers, J. J. Rosa (Ed.), Editions Economica
Actes de conférence
The 8th Annual Congress of the European Federation of Financial Analysts repris in Analyse Financière en décembre 1984 , 1985 , Madrid
Proceedings of the First International Congress on Stock Exchange , 1972 , Milan (F. Modigliani, G. Pogue, M. Scholes)
Cahiers de recherche
Hong Kong University of Science and Technology Working Paper Series , 2017
SSRN Electronic Journal , 2017
Hong Kong University of Science and Technology Working Paper Series , 2013
Mimeo , 2009
Formation
-
Doctorat d'Etat en sciences de gestion, _ - France
-
Ph.D. in Management, MIT, Massachusetts Institute of Technology - Etats-Unis
-
Doctorat de 3e cycle en sciences de gestion, Université Paris Dauphine - France
-
Ancien élève de l'Ecole Polytechnique, Ecole Polytechnique - France
Nominations académiques
Responsabilités académiques à HEC
- 2011- Distinguished Emeritus Professor, Finance HEC Paris
- 2007-2011 Professeur Affilié, Finance HEC Paris
- 2004-2007 Membre du GREGHEC (CNRS) HEC Paris
- 2000-2007 Membre du Conseil scientifique du Doctorat HEC Paris
- 1973-2007 Professeur, Finance HEC Paris
Activités scientifiques
Adhésion à l'organisation académique ou professionnelle
- Membre et ancien président de l'European Finance Association
- Membre de l'Association Française de Finance
- Conseiller scientifique de l'Institut Europlace de Finance
- Membre de l'American Finance Association
- Membre du Conseil Supérieur de la Recherche et de la Technologie (1997-2001)
- Administrateur de la Research Fondation de l'AIMR (2000-2003)
- Membre, Scientific Council, Europlace Institute of Finance, Paris
- Membre, Scientific Council, AFG, the professional body of French asset managers
- Membre, CEFEN
- Membre, Investment Management Advisory Council of Zurich Financial Services (top five global insurance company)
Activités scientifiques
Prix & honneurs
- 2002 AIMR Graham & Dodd Award of Excellence
- 1999 Nicholas Molodovsky Award
- 1998 The Finance Award of the Year 1998, Finance Symposium Interlaken
- 1994 Graham and Dodd Scroll, pour l'article "Lessons for International asset allocation", Financial Analysts Journal, mars-avril 1993
- 1993 Prix du Meilleur Economiste Financier, Le Nouvel Economiste
- 1991 Premier Prix, Inquire (Europe)
- 1990 Prix du meilleur ouvrage en finance, l'Express
- 1989 Prix du meilleur article First International Conference on the Pacific Basin Markets, Taïpeï
- 1983 Prix Harvard - l'Expansion pour l'ouvrage : "Les marchés financiers et la gestion de portefeuille", Dunod
- Prix de la Fondation HEC pour l'article : "The relationship between stock returns and inflationary expectations: the international evidence", Journal of Finance, mars 1983