Dane wins CFA institute's top prize for second time in three years

The global association of investment professionals has handed out the annual Graham and Dodd Awards, and a renowned Danish finance professor wins the top prize for a paper on enhanced portfolio optimization.

Lasse Heje Pedersen (picture) won the Graham Dodd Top Award for his paper Enhanced Portfolio Optimization, which was written alongside Abhilash Babu, CFA, and Ari Levine. | Photo: Philip Davali/Ekstra Bladet, Philip Davali

Finance professor from Copenhagen Business School and Principal at AQR Capital Management Lasse Heje Pedersen has won the 2021 Graham and Dodd Top Award.

The award is handed out by the global association of investment professionals the CFA Institute and Heje Pedersen has won for the paper Enhanced Portfolio Optimization, which he has written alongside Abhilash Babu, and Ari Levine.

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