Pierre Collin-Dufresne is an expert in international financial markets, with an emphasis on asset allocation and pricing, risk management, and market microstructure. Professor Collin-Dufresne consults to the European Central Bank, as part of the Bank’s Directorate of General Research, and formerly held a visiting appointment at the Federal Reserve Bank of New York. He has served on the advisory research boards of Moody’s, INQUIRE Europe, Kepos Capital, and Lombard Odier Asset Management. As an expert witness, Professor Collin-Dufresne has provided expert testimony in matters involving investment banking, valuation, and fixed-income securities and derivatives.
In his research, Professor Collin-Dufresne studies topics related to credit risk, fixed-income securities, credit and equity markets, asset allocation, securitization, emerging markets, and international finance. He has analyzed trading behaviors and assessed their impact on market liquidity, price volatility, and firm value. Professor Collin-Dufresne has twice been awarded the Journal of Finance’s Amundi Smith Breeden Distinguished Paper Prize for his work on the connections between market dynamics, trading activity, and stock prices, as well as for research on securitization.
Professor Collin-Dufresne’s research has been published in leading academic journals, including Econometrica, the American Economic Review, the Journal of Finance, and the Review of Financial Studies. A coeditor of Finance and Stochastics, he also serves as associate editor of the International Journal of Central Banking, European Financial Management, and Mathematical Finance. Professor Collin-Dufresne was a director of the American Finance Association and the Western Finance Association. He is a research fellow at the Centre for Economic and Policy Research (CEPR) and a former research associate at the National Bureau of Economic Research (NBER).
At the Swiss Finance Institute, Professor Collin-Dufresne has taught courses in asset pricing, investments, and credit derivatives. Previously, he was the Carson Family Chair Professor at Columbia Business School, and held professorships at the Haas School of Business at the University of California, Berkeley, and at Carnegie Mellon University. Before joining the faculty at Columbia, Professor Collin-Dufresne was a senior portfolio manager at Goldman Sachs Asset Management, responsible for fixed-income and credit strategies in the Quantitative Strategies Group.