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Financial Market History Project

Financial Market History Project

Since the 2008 financial crisis, there has been a resurgence of interest in economic and financial history among investment professionals. In July 2015 the Centre for Endowment Asset Management hosted a workshop at Cambridge Judge Business School, University of Cambridge to discuss what practitioners need to know about financial history. 

It brought together many of world's leading academics in the area of financial market history, as well as some 30 senior investment professionals. This workshop was supported by the CFA Research Institute Foundation as well as Carn Marco Advisors, CFA Society United Kingdom, Credit Suisse, Fidelity International, J.P. Morgan, Newton Investment Management and Sandaire. The book, edited by Dr David Chambers and Professor Elroy Dimson, was published by the CFA Research Institute Foundation end of 2016. It consists of a series of chapters first presented as this workshop, together with several other important contributions.

What do investment practitioners need to know about financial history?

Financial Market History: Reflections on the Past for Investors Today - is a new book which investigates the answers to this question in detail.

Edited by David Chambers and Professor Elroy Dimson from the Newton Centre for Endowment Asset Management at the University of Cambridge, the book brings together contributions from 22 globally leading financial historians. Subjects and themes include; the risk and return of asset classes over the long run, historical development of stock markets, stock market bubbles and the role of innovation in financial markets.

Financial Market History: Reflections on the past for investors today establishes why the study of financial history has such important practical significance for the current economic environment. It explains how the financial crises and turbulence of the last decade will be a predictive driver for future finance research. It highlights what we can learn about the risk trade-off on the historical returns of assets classes, and explores the historical evolution of how financial claims are traded.

Read more and download a copy of Financial Market History: Reflections on the Past for Investors Today

Read more about the workshop

Contributors to the book Financial Market History: Reflections on the Past for Investors Today will be speaking at a number of events through 2017 on material and themes related to the book.

4 May | Business Briefing: Financial Market History: Reflections on the Past for Investors Today

Description In this Business Briefing, Professor Elroy Dimson will present some key themes from the book, which is divided into four main sections: historical risks and returns on various assets, the development of stock markets, bubbles and crises, and the role of innovation in financial markets. A complimentary copy of Financial Market History will be given to all attendees.
Date 4 May 2017
Time 18:30-19:00: Arrival and registration
19:00-20:00: Business briefing
20:00-21:00: Networking reception
Location BNY Mellon Centre
160 Queen Victoria Street
London
EC4V 4LA
UK
Further information Find out more and register for the briefing

18 May | WSJ Talks: Financial Markets - Reflections on the Past for Investors Today

Description Authors Dr David Chambers and Professor Elroy Dimson together with The Wall Street Journal’s James Mackintosh and guests, discuss the history of financial markets and what modern investors can learn and apply.
Date 18 May 2017
Time 18:30-19:00: Doors open for check-in and refreshments
19:00-20:00: Panel discussion with Q&A
20:00-21:00: Networking reception
Location The News Building, London
Further information All guests will receive a complimentary copy of Financial Market History: Reflections on the Past for Investors Today.
Find out more and register

21 May | CFA Talks: Financial Market History: A Comprehensive Guide for Investment Professionals

Description Professor Elroy Dimson and David Chambers will give a joint presentation at the upcoming Research Foundation Workshop for the Practitioner, at the CFA Institute Conference in Philadelphia. The workshop is supported by the CFA Institute Research Foundation which assists participants to enhance their practical investment knowledge, understand and apply new research, and contribute to effective client service. Their presentation will take place from 15:15-14:30 (one hour of comments; 15 minutes of Q&A).
Date 21 May 2017
Time 14:00-16:30
Location Pennsylvania Convention Center
1101 Arch Street
Philadelphia, PA 19107
Further information Find out more about the event

If you would to learn more about any of our upcoming events please contact us.

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