Paul Marsh

Paul Marsh is Emeritus Professor of Finance at London Business School. His main areas of expertise and interest are long-run investment returns, global equity markets, smaller companies' investment, asset management, and corporate finance. He has published articles in the Journal of Business, the Journal of Finance, the Journal of Financial Economics, the Journal of Portfolio Management, the Financial Analysts Journal, the Harvard Business Review, and many other journals. Together with Elroy Dimson and Mike Staunton, he wrote the influential investment book Triumph of the Optimists, published by Princeton University Press. Since 2000, the same team has produced the annual Global Investment Returns Yearbook, documenting global asset returns since 1900.

Paul has held a number of senior roles at London Business School, including Chair of the Finance subject area, Deputy Principal, Faculty Dean, elected Governor, and Dean of the Finance Programmes, including the Masters in Finance.

Paul was part of the team that designed the FTSE 100 Index and, with Elroy Dimson, co-designed the Deutsche Numis UK Index Series and the Risk Measurement Service, which London Business School has published since 1979. He has served as a non-executive director of M&G Group, Majedie Investments, and Aberforth Smaller Companies Trust, where he also served as Chairman. He has acted as a consultant to a wide range of financial institutions and companies.