Frédéric Sonney

Adjunct Professor


Frédéric Sonney is an alternative investment manager at the asset management division of Banque Cantonale Vaudoise (BCV). In his previous roles, he worked as a quantitative analyst and as a fixed income portfolio manager.

Frédéric holds a PhD in Financial Economics from the University of Neuchâtel and the Swiss Finance Institute, a Master degree in Economics and Finance from the University of Geneva, and a Bachelor degree in Business Administration from the University of Geneva.

He has been teaching Portfolio Optimization at the Master in Finance of the University of Neuchâtel since 2006. He also taught Corporate Finance at the Executive MBA of the University of Geneva until 2012.


Portfolio Optimization


The Value of Analysts’ Recommendations and the Organization of Financial Research, Review of Finance, 2011 (15), 397-440, with C. Salva.

Sector versus Country Specialization and Financial Analysts’ Performance, Review of Financial Studies, 2009 (22), 2087-2131.

Are Practitioners Right? On the Relative Importance of Industrial Factors in International Stock Returns, Swiss Journal of Economics and Statistics, 2004 (140), 355-379, with D. Isakov.