New Video Series on Financial Market History Provides Valuable Insights for Investors
CHARLOTTESVILLE, Va., July 19, 2017 (Newswire.com) - The CFA Institute Research Foundation has released a series of short videos highlighting valuable insights from their popular book, Financial Market History: Reflections on the Past for Investors Today.
The videos feature one-on-one interviews with book contributors as they discuss such topics as bubbles and crises, risk and return, and financial innovation. Edited by David Chambers and Elroy Dimson of Cambridge Judge Business School, the book contains many lessons for modern investors to learn from the history of financial markets. Financial Times' senior investment commentator John Authers praised this collection of essays as "a great new compendium on financial history."
Why is financial history so important today?
Although originally written to help investment professionals better manage client funds, the videos and book are accessible to anyone interested in learning more about the investment markets. In fact, many practitioners have long understood the benefit of learning from our financial past.
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 also highlights what we can learn about the risk trade-off on the historical returns of asset classes and explores the historical evolution of how financial claims are traded.
Both the videos and book may be downloaded for free at the CFA Institute Research Foundation.
CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first.
Research Foundation
The CFA Institute Research Foundation is a not-for-profit organization established to promote the development and dissemination of relevant research for investment practitioners worldwide. The foundation's mission is to fund, publish, and distribute comprehensive, high-quality, independent research relevant to the global investment community.
Book editors’ bios
David Chambers is a reader in finance, a Keynes fellow, and academic director of the Centre for Endowment Asset Management at Cambridge Judge Business School. His research interests span asset management and financial history, and he has published in the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Journal of Economic Perspectives, the Journal of Economic History, Economic History Review, Explorations in Economic History, the CFA Institute Financial Analysts Journal, and the Journal of Portfolio Management. Prior to returning to full-time education in 2001, Dr. Chambers worked for 20 years in investment banking and asset management at Barings, Hotchkis & Wiley, and Merrill Lynch. He sits on the editorial board of the Financial Analysts Journal.
Elroy Dimson is chair of the Centre for Endowment Asset Management at Cambridge Judge Business School, professor emeritus of finance at London Business School, and adviser to the board of FTSE International. He previously served London Business School in a variety of senior positions and the Norwegian Government Pension Fund Global as chair of the Strategy Council. Dr. Dimson is coauthor of Triumph of the Optimists and has published in a number of journals, including the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Business, the Journal of Portfolio Management, and the CFA Institute Financial Analysts Journal, where he serves as a member of the Advisory Council.
Source: CFA Institute Research Foundation