Faculty profiles
Elroy Dimson
BA (Newcastle) MCom (Birmingham) PhD (London)
Emeritus Professor of Finance
- Subject area:
- Finance
- Research activity:
- Foundation and Endowment Asset Management
Expertise
Long run stock market performance, asset allocation and investment strategy. In 'Triumph of The Optimists' and subsequent books, Elroy and his co-authors present evidence on the equity risk premium in 17 countries over the last 108 years. In 'Endowment Asset Management', Shanta Acharya and Elroy analyse the investment strategies of 61 Oxford and Cambridge endowments.
Publications
The Hoare Govett Smaller Companies Index (2008); Risk Measurement Service (2008); Global Investment Returns Yearbook (2008); The worldwide equity risk premium: a smaller puzzle, in Handbook of the Equity Risk Premium (Elsevier, 2008); Endowment Asset Management (OUP, 2007); Irrational Optimism, Financial Analysts Journal (2004); Low-Cap and Lowly-Rated, Journal of Portfolio Management (2004); Triumph of the Optimists (Princeton University Press, 2002); UK Financial Market Returns 1955-2000, Journal of Business (2001).
Research interest
Investment management, strategies for foundations and endowments.
Other activities
Honorary Fellow of the UK Society of Investment Professionals; Honorary Fellow of the Institute of Actuaries; Editorial Board member, Journal of Banking and Finance, Journal of Investing, Journal of Investment Management, etc
Formerly
President of European Finance Association; Visiting Professor at Chicago, California (Berkeley), Hawaii, European Institute (Brussels) and Bank of England
