Fabio Trojani
Fabio Trojani portrait
University of Geneva · Swiss Finance Institute

Fabio Trojani

Professor of Finance and Statistics
Swiss Finance Institute Senior Chair
Reale Foundation Chair

Fabio Trojani is Professor of Finance and Statistics at the Geneva School of Economics and Management, University of Geneva. He is Swiss Finance Institute Senior Chair and Reale Foundation Chair in the Applications of AI to Economics and Finance at Collegio Carlo Alberto and the University of Turin. His research focuses on asset pricing, portfolio choice, option pricing, financial econometrics, robustness and ambiguity in finance, model-free recovery, information-theoretic methods, and machine learning for financial decision making.

Quick Links: Google Scholar · SSRN · UNIGE · SFI · LinkedIn · CV

Recent Highlights

Nov 2026 Co-organizing the Financial Econometrics Meets Machine Learning (FINEML) Conference, University of Geneva, November 5–6, 2026.
Oct 2026 Appointed Co-Editor of the Review of Finance.
Aug 2026 Co-organizing the AI and Machine Learning for Economics and Finance Summer School and Conference, University of Turin, August 24–28, 2026.
Jul 2026 Proximal Estimation and Inference, forthcoming in Econometric Theory.
Jun 2026 Appointed Reale Foundation Chair in the Applications of AI to Economics and Finance at Collegio Carlo Alberto, University of Turin.
Jun 2026 Workshop on Advances in AI for Macroeconomic Analysis, Collegio Carlo Alberto, June 11–12, 2026.
Jun 2026 Universal Portfolio Shrinkage, forthcoming in the Review of Financial Studies.
Apr 2026 Tradable Factor Risk Premia and Oracle Tests of Asset Pricing Models, forthcoming in the Journal of Financial Economics.
Feb 2026 Visiting Professor of Finance, University of Luxembourg.
Nov 2025 Smart Stochastic Discount Factors, forthcoming in Management Science.

Leadership & Professional Recognition

Endowed chairs, editorial leadership, elected fellowships, and selected professional recognition.

Endowed Chairs

Swiss Finance Institute Senior Chair
University of Geneva, 2014–

Reale Foundation Chair in the Applications of AI to Economics and Finance
Collegio Carlo Alberto & University of Turin, 2026–

AXA Chair in Socio-Economic Risks of Financial Markets
University of Turin, 2021–2025

Editorial Leadership

Co-Editor, Review of Finance (2026–)
Managing Editor, Journal of Financial Econometrics (2019–2025)
Co-Editor, Journal of Financial Econometrics (2015–2019)
Associate Editor, Journal of Financial Econometrics (2012–2015)

Awards

JFE Editor's Choice Award
For The Global Factor Structure of Exchange Rates, 2023

Elected Fellowships

Society for Financial Econometrics (SoFiE) (2022–)
International Association of Applied Econometrics (IAAE) (2022–)

Selected Publications

Universal Portfolio Shrinkage

Review of Financial Studies, forthcoming, 2026. With B. Kelly, S. Malamud, and M. Pourmohammadi.

Tradable Factor Risk Premia and Oracle Tests of Asset Pricing Models

Journal of Financial Economics, forthcoming, 2026. With S. Bryzgalova, A. Quaini, and M. Yuan.

Smart Stochastic Discount Factors

Management Science, forthcoming, 2025. With S. Korsaye and A. Quaini.

Model-Free International Stochastic Discount Factors

Journal of Finance, 2021. With M. Sandulescu and A. Vedolin.