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Centre for Endowment Asset Management

Bloomberg: Invest in art or stocks? Keynes has an answer (well, sort of)

According to a study at Cambridge Judge Business School, John Maynard Keyes made “extraordinary” returns as a collector of Picasso, Matisse and other modern masters, while highlighting the limitations of art price indexes. The study co-authored by Professor Elroy Dimson…

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The Times: John Maynard Keynes’s art collection yields a stunning return

John Maynard Keynes made “extraordinary” returns as a collector of Picasso, Matisse and other modern masters, while highlighting the limitations of art price indexes, according to a study co-authored by Professor Elroy Dimson and Dr David Chambers. “For the art…

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Art collector Keynes

Study based at Cambridge Judge Business School shows John Maynard Keynes made 'extraordinary' returns as a collector of Picasso, Matisse and other modern masters, while highlighting the limitations of art price indexes. © Reproduced by the kind permission of the…

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Study for 'Sunday Afternoon on La Grand Jatte', by Seurat

The Irish Times: Can stock markets keep rising in 2020?

Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management (CEAM), based at Cambridge Judge Business School, is featured in an article that looks at stock market returns and risks. Read the full article [irishtimes.com]…

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Money Observer: Woodford saga risks putting investors off smaller companies

Research co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management (CEAM), is featured in the article. The research found that “£1 invested in 1955 in the Numis 1000 index, composed of the 1,000 smallest UK-listed companies,…

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The C Suite podcast: ESG investing – the practical realities

In the latest podcast, Professor Elroy Dimson, Chairman for the Centre for Endowment Asset Management at Cambridge Judge Business School, discusses active ownership and the ingredients for performing well as an active owner. Professor Dimson says the “doing well by…

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Pre-modern derivative trading

A study of actual interwar commodity trades by John Maynard Keynes finds that pricing was as efficient as modern derivative trading using the Nobel Prize-winning BSM model developed a half-century later. One of the most important innovations in modern finance…

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old building facade reflection in modern building glass facade - old building facade, new building exterior.

Funds Europe: Inside view: Do investors have to sacrifice returns to invest responsibly?

A study co-authored at Cambridge Judge Business School on company engagement is featured in the article. The study co-authored by Professor Elroy Dimson, Chairman of the Centre for Endowment Asset Management, and Dr Oğuzhan Karakaş, University Senior Lecturer in Finance,…

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Bloomberg: Carry on like nothing really matters. Until it does

A study that looks at a century of carry trading co-authored by Dr David Chambers, Reader in Finance at Cambridge Judge Business School, is featured in Bloomberg. The study found that “a strategy of borrowing in low-yielding currencies and parking…

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Research honours

The European Investment Forum Prize is awarded by the Centre for Endowment Asset Management (CEAM) at Cambridge Judge Business School and FTSE Russell to Alejandro Lopez-Lira of the Wharton School at the University of Pennsylvania and Kate Suslava of Bucknell…

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Gold winner cup on blue background.

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