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Söhnke Bartram

Professor of Finance
University of Warwick
Country or state 
United Kingdom
Available to 
Global
City 
London
Fee 
Ask for pricing
Languages 
English,
German,
...
Volunteer
Yes

Personal Details

Bio

Söhnke M. Bartram is a Professor of Finance at the University of Warwick. He is also a Charter Member of Risk Who's Who and a member of an international think tank for policy advice to the German government. His immediate research activities center around issues in international finance and financial markets. Dr. Bartram's work has been presented at conferences organized by the NBER, CEPR, the American Finance Association, the Western Finance Association, and the American Economic Association, published in the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, Management Science, and the Journal of Financial and Quantitative Analysis, and included in testimony before the U.S. Congress House Financial Services Committee. Dr. Bartram has been a Visiting Scholar at the Ohio State University, the University of North Carolina, the University of Texas at Austin, the Kiel Institute for the World Economy, the London School of Economics, the UCLA Anderson School of Management, London Business School, NYU Stern, Goethe University, EIEF and EUI. Dr. Bartram worked for several years in quantitative investment research for State Street Global Advisors as Head of the London Advanced Research Center and is a consultant to various financial institutions and investment companies.

Current position (1)

Professor of Finance

University of Warwick

Degrees (3)
D.Sc.
University of Warwick
2013
Ph.D.
WHU Koblenz/University of Michigan
1995 to 1998
MBA/BBA
Saarland University/University of Michigan
1989 to 1994

Presentations

Presentations (1)
Global Market Inefficiencies

We use point-in-time accounting data to estimate monthly fair values of more than 25,000 stocks from 36 countries over more than two decades. Trading on deviations from fair value, which do not proxy for known anomalies, yields statistically and economically significant risk-adjusted returns in most regions, especially the Asia Pacific and emerging markets countries. Pre-transaction cost alphas are positively related to trading costs, but in most regions alphas also significantly exceed country-specific trading costs. Thus, global equity markets are inefficient, but are relatively less efficient in counties with quantifiable market frictions, particularly trading costs, that deter arbitrageurs.

Past talks (11)
Global Market Inefficiencies
CFA Society Singapore
Singapore
2017
Global Market Inefficiencies
CFA Society Jarkarta
Jakarta
2017
Global Market Inefficiencies
CFA Society Bangkok
Bangkok
2017
Global Market Inefficiencies
CFA Society Hong Kong
Hong Kong
2018
Global Market Inefficiencies
CFA Society Romania
Bucharest
2018
Global Market Inefficiencies
CFA Society Ukraine
Kiev
2018
Global Market Inefficiencies
CFA Society Poland
Warsaw
2018
Global Market Inefficiencies
CFA Society Czech Republic
Prague
2018
Global Market Inefficiencies
CFA Society Sydney
Sydney
September 20, 2018
Global Market Inefficiencies
CFA Society Melbourne
Melbourne
September 6, 2018
Global Market Inefficiencies
CFA Society Auckland
Auckland
September 19, 2018
  • All (1)
  • Videos (1)
  • Photos
Stock market anomalies | VOX, CEPR Policy Portal
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Books & Articles (10)

Agnostic Fundamental Analysis Works
Global Market Inefficiencies
Why does Idiosyncratic Risk Increase with Market Risk?
How Important are Foreign Ownership Linkages for International Stock Returns?
Estimating Systemic Risk in the International Financial System
How Important is Financial Risk?
Why Are U.S. Stocks More Volatile?
The Effects of Derivatives on Firm Risk and Value
Resolving the Exposure Puzzle: The Many Facets of Exchange Rate Exposure
Various Other Research Papers and Publications

Expertise (8)

Business
Macrofinance International Finance Capital markets policy Enterprise Risk Management Corporate Finance Behavioural Finance Financial Economics
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