Marie Brière
- Head of Investor Research Center, AMUNDI
- Associate Professor, Paris Dauphine University
- Senior Associate Researcher at Center Emile Bernheim,
Université Libre de Bruxelles
Contact Details
AMUNDI (Asset Management of Crédit Agricole and Societé Génerale)
90 bd Pasteur,
75015 Paris,
France
+33 1 76 33 91 61
Background
- PhD in Economics, Paris Ouest Nanterre University, 2002
- Master in Economics, Paris Dauphine University, 1998
- Graduate of ENSAE (Statistics and Economic Administration Graduate School), 1998
Research
Research Interests
- Empirical Finance, Asset Management
- Monetary Policy, Interest Rates, Derivatives, Currencies
- Long-Term Investing, Pension funds, Sovereign Wealth Funds
Academic Affiliations
- Paris Dauphine University
- Center Emile Bernheim, Solvay Business School, Université Libre de Bruxelles
Other Academic Activities
- Chairman of the Scientific Committee of the Financial Risks International Forum
- Member of the Advisory Board of Tilburg Center of Finance
Teaching
Current Teaching
- Magistère BFA, Paris Dauphine University
- Master 201, Paris Dauphine University
- Master 272, Paris Dauphine University
Past Teaching
- Paris I Panthéon-Sorbonne University
- Paris II Assas University
- Paris Dauphine University
- Edhec Business School
- SKEMA Business School
Publications
New
- Bodie Z. and M. Brière, “Sovereign Wealth and Risk Management”, Boston University School of Management Research Paper N°2011-8, 2011.
- Brière M. and A. Szafarz, “Investment in Microfinance Equity: Risk, Return and Diversification Benefits”, SSRN Working Paper N°1776451, 2011.
Papers in refereed journals
- Aglietta M., M. Brière, S. Rigot, O. Signori, “Rehabilitating the Role of Active Management for Pension Funds", Journal of Banking and Finance, forthcoming, 2012. JBF SSRN
- Brière M. and O. Signori, “Hedging Inflation Risk in a Developing Economy: The Case of Brazil”, Research in International Business and Finance, forthcoming, 2012. RIBAF SSRN
- Brière M., B. Drut, V. Mignon, K. Oosterlinck and A. Szafarz, “Is the Market Portfolio Efficient? A New Test of Mean Variance Efficiency when all Assets are Risky”, Finance, forthcoming, 2012. SSRN
- Brière M., A. Chapelle and A. Szafarz, “No Contagion, only Globalisation and Flight to Quality”, Journal of International Money and Finance, forthcoming, 2012. JIMF Repec
- Ang A., M. Brière and O. Signori, “Inflation and Individual Equities", Financial Analyst Journal, forthcoming, 2012. NBER
- Brière M., and O. Signori, "Inflation Hedging Portfolios: Economic Regimes Matter", The Journal of Portfolio Management, forthcoming, 2012. SSRN
- Brière M., J.D. Fermanian, H. Malongo and O. Signori, "Volatility Strategies for Global and Country Specific European Investors", Bankers, Markets and Investors, forthcoming, 2012. SSRN
- Brière M., A. Burgues and O. Signori, "Volatility Exposure for Strategic Asset Allocation", The Journal of Portfolio Management, 36(3), Spring 2010. iijournals, Repec
- Brière M. and O. Signori, "Do Inflation Linked Bonds Still Diversify?", European Financial Management, 15(2), March 2009. Wiley, Repec
- Brière M. and A. Szafarz, "Crisis Robust Bond Portfolios", The Journal of Fixed Income, 18(2), Fall 2008. iijournals, Repec
- Brière M., O. Signori O. and K. Topeglo, "Bond Market Conundrum: New Factors Explaining Long-term Interest Rates?", Banque et Marchés, 92, jan-feb 2008. revue-banques.fr, Repec
- Brière M. and K. Chancari, "Perception des risques sur les marchés: construction d’un indice élaboré à partir des smiles d’options et test de stratégies", Revue d’Economie Politique, 4, July-August 2004. cairn.info
- Brière M., "Les marchés réagissent-ils différemment aux signaux de la Fed et de la BCE ? L’information tirée des smiles d’options", Banque et Marchés, 67, nov-dec 2003. revue-banque.fr
Other papers
- Bodie Z. and M. Brière, “Financing Future Growth: the Need for Financial Innovations”, OECD Journal: Financial Market Trends, 2011 (1).OECD
- Brière M. and O. Signori, “Inflation Hedging Portfolios in Different Regimes”, in "Portfolio and risk management for central banks and sovereign wealth funds", Bank for International Settlements Paper No 58, October 2011. BIS
Books
- Brière M., Formation des taux d’intérêt: anomalies et croyances collectives, Economica, collection Recherche en Gestion, 2005. Amazon
Book chapters
- Brière M., "Managing Commodity Risk: Can Sovereign Wealth Funds Help", in Sovereign Wealth Funds and Long Term Investing, Bolton P., F. Samama and J. Stiglitz, Columbia University Press, 2012. ULB
- Brière M., A. Burgues and O. Signori, "Volatility as an Asset Class for Long Term Investors", in Interest rate Modelling, Portfolio Optimisation and Quantitative Techniques for Central Banks and Sovereign Wealth Managers, Berkelaar A., Coche J. and Nykolm K. (ed.), Palgrave McMillan. Plagrave
- Brière M. and F. Ielpo, "Yield Curve Reaction to Macroeconomic News in Europe : Disentangling the US Influence", in Consequences of the European Monetary Integration on Financial Markets, Stavarek D. and Poloucek S. (ed), Newcastle : Cambridge Scholars Publishing, 2008. Amazon Repec
- Brière M., "Représentations conventionnelles sur les marchés de taux", in L’économie des conventions : méthodes et résultats (tome 2), sous la direction de F. Eymard-Duvernay, La Découverte, Paris, pp. 177-192. Amazon
Working papers
View some of my Working Papers at Amundi
- Brière M. and B. Drut, “The revenge of Purchasing Power Parity on Carry Trades during Crises”, ULB-CEB Working Paper N° 09-013, 2009. Repec
- Boulier J.-F., M. Brière and J.-R. Viala, “Do Leveraged Credit Modify your Credit Allocation?”, ULB-CEB Working Paper N° 08-014, 2008. Repec
- Brière M., “Market Reactions to Central Bank Communication Policies: Reading Interest Rates Options Smiles”, ULB-CEB Working Paper N° 06-009, 2006. Repec
- Brière M. and A. Cohen, “A quoi réagit le marché des obligations privées ?“, ULB-CEB Working Paper N° 06-003, 2006. Repec
Press
- Brière M., “How to Hedge Inflation Risk : Pay Attention to the Macroeconomic Regime”, Finance Nation, 4, May-June 2011.
- Brière M., “Les avantages de l’exposition pure à la volatilité complétée par une exposition plus risquées”, Agefi Suisse, May 2011.
- Borowski D. and Brière M., "Vers une nouvelle énigme obligataire? Ou faut-il craindre une remontée des taux?",Revue Risques, September 2010.
- Brière M., "Investors should look at volatility as a solution", Global Pensions, May 2010.
- Brière M., "La volatilité, une classe d'actifs pour les investisseurs à long terme", Revue Banque, June 2009.
- Brière M., “Pourquoi les taux longs ne remontent plus”, Option Finance, November 2009.
- Brière M., “Vers Plus de différenciation entre pays européens après la crise”, Revue Banque, December 2009.
- Brière M., B. Drut, and H. Dänner, “Währungsstrategien in Krisenzeiten”, Absolut Report, 50, July-August 2009.
- Brière M., A. Chapelle and A. Szafarz, “Diversifier en temps de crise”, La Libre Belgique, septembre 2008.
- Brière M., “Are Inflation-Linked Bonds good for your portfolio?”, International Investment, August 2008.
- Brière M. and A. Szafarz, “Optimizing Bond Portfolios through the cycle of financial crises”, Global Pensions, 2008.