Söhnke M. Bartram How Can We Determine the Informational Efficiency of Global Equity Markets?
Söhnke M. Bartram has been a Professor of Economics at the University of Warwick since 2011. Having held visiting professorships at London Business School, NYU Stern School of Business and at Paris Dauphine University, he previously worked in quantitative equities research at State Street Global Advisors where he was also head of the London Advanced Research Center. Bartram’s main research interests include international financial markets and financial risk management. An editorial board member for Financial Review and the Journal of Banking and Finance, in 2017, Bartram (with Mark Grinblatt, UCLA) received the AAM-CAMRI-CFA Institute Prize in Asset Management.
Area of Research
International Finance, Capital Markets, Risk Management
since 2011
Professor of Finance
University of Warwick
Warwick Business School (WBS)
2014-2015
Head of Finance Group
University of Warwick
Warwick Business School (WBS)
2013-2014
Visiting Professor of Finance
University of London
London Business School
2002-2006
Assistant Professor of Finance
Lancaster University
2000-2002
Assistant Professor of Finance
Maastricht University
1999-2000
Post-Doctoral Fellow
Ohio State University
Fisher College of Business
1995-1998
Ph.D. Finance ("summa cum laude")
University of Michigan
University of Michigan Business School
1989-1994
MBA/BBA
University of Michigan
in Collaboration with University of Saarbrücken
- Member of the Review Board, Halle Institute for Economic Research (IWH), (since 2018)
- Reading Panel, Fulbright Commission (several countries) (since 2015)
Prizes
- AAM – CAMRI – CFA Institute Prize in Asset Management (2017)
- Best Paper Award, Eighth Annual CAFM Conference (2013)
- Citations of Excellence Award, Emerald (2013)
Fellowships
- Research Fellowship, BIS (2016)
- Fernand Braudel Senior Fellow, Department of Economics, EUI (2016)
- OSU Risk Institute Research Fellow and Grant (2018)
- Research Grant, British Academy (2018)
- Research Grant, IMR Program@UTS (2018)
- Research Grant, IFSID (2017)
- Research Grants, NYU Center for Global Economy and Business (2016, 2017)
For equity markets, the digital age means that information transfer and its impact on price are more important than ever. In this video, SÖHNKE M. BARTRAM explains how one goes about measuring the informational efficiency of international equity markets. Analyzing over 25,000 individual stocks from more than 36 countries, Bartram finds that the informational efficiency of global equity markets leaves much to be desired. Providing an important jumping-off point in the new nondiscretionary measure of fair value that he has developed, Bartram calls for further research to determine the most important drivers of equity returns in contemporary markets.
LT Video Publication DOI: https://doi.org/10.21036/LTPUB10723
Agnostic Fundamental Analysis Works
- Söhnke M. Bartram and Mark Grinblatt
- Journal of Financial Economics
- Published in 2018
