skip to navigation skip to content

Centre for Endowment Asset Management

MarketWatch: Opinion: Bulls just won’t believe what interest rates are saying about U.S. stock and bond returns for the next 5 years

Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, was talking about low real investment returns in a recent CFA Institute webinar. This is based on historical data of stock and bond returns…

Read more

Low returns

The next generation will face real investment returns of only two per cent based on historical data, says Professor Elroy Dimson. The "Generation Z" born between the mid-1990s and early 2010s will likely face a future of very low annualised…

Read more

Photo of pennies falling out of a jar.

The Economist: What is the link between inflation and equity returns?

A report co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, is quoted in the article on equity returns. According to the Credit Suisse Global Investment Returns Yearbook “global equities have…

Read more

Stock market volatility

Market volatility to COVID-19 crisis second only to 1987 stock market crash over past 120 years. Stock market volatility during the COVID-19 crisis has been second only to the October 1987 stock market crash over the past 120 years, Professor…

Read more

Photo of stock market on street.

Financial Times: Vix ‘fear gauge’ in recovery from Covid-19 shock

An analysis on the course of Cboe’s volatility index, known as the Vix index, co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management, is quoted in the FT article. The analysis shows “how long the Vix…

Read more

Forbes: Wider closed-end fund discounts have historically been a good sign, should you bite?

A research co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge, is featured in Forbes article on closed-end funds. The research summarises the findings from some 70 studies of closed-end funds, and present…

Read more

Wait and see

It will take a while to see how the current stock market downturn rivals historical crashes, says Professor Elroy Dimson in a new podcast. The current slump in world stock markets is substantial, though not as severe as past crashes related to…

Read more

Picture of stock market.

Financial Times: Are ESG and sustainability the new alpha mantra?

A research on active governance enhancing returns co-authored by Dr Oğuzhan Karakaş and Professor Elroy Dimson is featured in the article. The study looked at a range of engagement sequences with public companies in the period from 1999 to 2009…

Read more

CNBC: New research going back 120 years backs up Warren Buffett’s simple advice on investing

A report on investment returns co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management at Cambridge Judge Business School, is quoted in the article. The Credit Suisse report “showed that equities have provided an annualised real…

Read more

The long view

Credit Suisse Global Investment Returns Yearbook 2020, co-authored by Professor Elroy Dimson of Cambridge Judge Business School, finds that equities remain the best long-term investment. The Credit Suisse Global Investment Returns Yearbook 2020, co-authored by Professor Elroy Dimson of Cambridge…

Read more

Background of international currency notes.

Archives