IRMC 2025 Bari, Italy 2025, June 9-10

Best Paper Award IRMC 2018 – WINNERS

International Risk Management Conference

Best Conference Paper Award and Special Award for Best Paper on Credit Risk

In occasion of the 11th Edition RBF and Classis Capital SIM have conferred for two outstanding conference papers the IRMC2018 Best Paper Awards, one for the Best Conference Paper and one for the Best Paper on Credit Risk. The winners were selected by an Award Review Committee and could share € 1500 (for each winner paper) cash prize.

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WINNERS – Best Conference Paper

Yehuda Izhakian (Baruch College) and Richard Herron (Babson College) – Ambiguity, Risk, and Payout Policy


WINNERS – Best Paper on Credit Risk

Pablo García Estévez and Milka Dimitrova (CUNEF, Spain) – The Costs of Bankruptcy Across Industries

The financial market crisis has highlighted, in Europe and especially in Italy, structural weaknesses in asset management, in a competitive environment characterized by conflicts of interest. Classis Capital was created to counter and refute these lines of thought, asserting the supremacy of active management and responding to the real needs of the customer (whether companies, individuals, institutions ie. Insurance, pension funds, foundations etc.), fundamental traits of our strategy they could only combine redefining the business model radically. Classis Capital offers advisory services for financial management in terms of asset allocation and portfolio optimization based on market forecasts and personalized investment recommendations based on fundamental analysis of the underlying (equities / bonds) developed by our investment teams.