About
Biography
Alessio pursued a PhD at the ICMA Centre, University of Reading, under the supervision of Professor Simone Varotto, Dr Alfonso Dufour, and Professor Dr Len Shaffrey. His research focused on Climate Finance, particularly on how investors incorporate climate-related information into asset pricing in capital markets.
He also collaborated with the Bank of England on a project exploring the application of Large Language Models to analyse interest rate risk management practices among UK firms.
University roles and responsibilities
- Member of the Finance and Accounting Department
Teaching
Module leader (A.Y. 2025/2026):
MANM524 Principles of Finance and Investment (link: PRINCIPLES OF FINANCE AND INVESTMENT - 2025/6 - University of Surrey)
MANM493 Overview of Fintech (link: OVERVIEW OF FINTECH - 2026/7 - University of Surrey)
Publications
This article reviews how climate change could be considered an additional source of market risk. I discuss the types of data needed to analyse the climate risk drivers that shape the dynamics of the equity market. I present empirical evidence at both the macro and micro-level, analysing whether and to what extent the equity market prices climate change and related risks. Top-down and bottom-up approaches are compared to understand which climate risk is more likely to affect the cross-section of stock returns, both within and across sectors. Emphasis is also placed on investors’ beliefs about climate change risks, and the related asset pricing implications are analysed. I conclude by illustrating further directions for both empirical and theoretical research in the field of climate finance.