skip to navigation skip to content
 

History of financial markets

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

Financial Times: The importance of bubbles that did not burst

John Authers looks at the history of investment bubbles and why it’s vital to spot it on time. The article mentions a …

Read more

The Economist: Bubbles are rarer than you think

A new book Financial Market History, edited by Dr David Chambers and Professor Elroy Dimson of the Newton Centre for Endowment Asset …

Read more

Lessons for today’s investors from financial market history

From 18th century ‘structured finance’ and currency speculation in the Middle Ages, to stock market performance in the 20th and 21st centuries. …

Read more

Connect with us

Newton Centre for Endowment Asset Management
Cambridge Judge Business School
University of Cambridge
Trumpington Street
Cambridge
CB2 1AG

Tel: +44 (0)1223 768390
Fax: +44 (0)1223 339701

ceam@jbs.cam.ac.uk

Visit our Vimeo channel