Journal of Portfolio Management Quant Researcher of the Year 2024
The Journal of Portfolio Management has named Professor Jean-Philippe Bouchaud the Portfolio Management Research “Quant Researcher of the Year” for 2024. This Award acknowledges an individual’s history of outstanding contributions to the field of quantitative portfolio theory.
Professor Bouchaud is a pioneer in the field of econophysics, where he focuses on the physics of disordered and glassy systems, random matrix theory, the statistics of price formation, stock market fluctuations and agent-based models for financial markets and macroeconomics. He is the author of over four hundred peer-reviewed articles and several books in physics and finance.
In 1994, Professor Bouchaud co-founded the firm Science & Finance, which merged with Capital Fund Management (CFM) in 2000. He now serves as Chairman and Director of Research at CFM. In 2018, he was appointed Associate Professor at the École Normale Supérieure, where he teaches a course on complex systems. He is also a member of the French Academy of Sciences.
"Jean-Philippe Bouchaud has made lasting contributions to critical areas such as market microstructure, volatility trading, risk modeling, derivative pricing, portfolio construction, and factor investing. His work exemplifies the transformative power of interdisciplinary collaboration,” said Marcos López de Prado, the first winner of the award. “Besides his commendable business achievements, Jean-Philippe has cultivated an exceptional research portfolio, inspiring generations of students and quantitative researchers worldwide. The Quant of the Year 2024 Award reflects the community’s profound respect for his generosity and enduring influence.”
Responding to news of the award, Professor Bouchaud stated,
“This award comes as a complete surprise and I feel honored and grateful, especially being somewhat of an outsider: my academic background is in physics and most of my research in quantitative finance has been performed as the chairman and head of the CFM research team. I want to pay tribute to Marc Potters and to all my collaborators and business partners over the last 30 years, who helped me shape my understanding of financial markets. I also thank JPM for having published some of our important papers in the past, and for awarding me such a prestigious prize.”
In addition to the Quant Researcher of the Year Award, Professor Bouchaud was awarded the CNRS Silver Medal in 1995, the Risk Quant of the Year prize in 2017 and 2018, and the Lars Onsager prize in 2024
.