Ales Cerny

Prof. Aleš Černý is a Professor of Finance at Bayes Business School, University of London. He holds a PhD in Economics from the University of Warwick (1998) and has been affiliated with institutions like Imperial College London and Comenius University. His research focuses on incomplete financial markets, stochastic calculus, and optimal portfolio strategies. He has authored textbooks such as Mathematical Techniques in Finance: Tools for Incomplete Markets (Princeton UP) and serves as an Associate Editor for Review of Derivatives Research.

Education:

• MSc and PhD in Economics, University of Warwick
• BSc/MSc in Mathematical Engineering, Czech Technical University

Research Interests: Mean-variance hedging, optimal portfolio allocation, stochastic processes, mathematical finance, and risk management. His work bridges theoretical developments with practical applications in financial markets and pension systems.

Articles: Recent publications explore topics like the law of one price in quadratic hedging, semimartingale calculus, and efficiency measurement in operational research. His contributions advance methodologies in stochastic analysis and their financial applications.

Professional Activities: He has held visiting positions at Comenius University and the Isaac Newton Institute. He has advised PhD students on topics ranging from derivatives pricing to pension finance. His consulting includes optimal asset allocation strategies for pension systems in the UK and Japan.

Labs/Teams: Collaborations include projects on data envelopment analysis, financial stability modeling, and computational finance techniques.