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CFA Institute Research Foundation Honors Yale University Professor William N. Goetzmann With Research Award

Vertin Award Recipient Recognized for Contributions to the Investment Industry

New York City, United States 25 Jul 2018

The CFA Institute Research Foundation, a research arm of CFA Institute that sponsors independent, in-depth research on current issues important to investors and investment professionals around the world, announced Professor William N. Goetzmann as the recipient of the 2018 James R. Vertin Award for outstanding research. The award, established in 1996 to honor James R. Vertin, CFA for his outstanding leadership in promoting excellence in research and education, is granted periodically to recognize individuals who have produced a body of research notable for its relevance and enduring value to investment professionals. Goetzmann was honored on July 9 in the Beijing office of CFA Institute by LJ Jia, Country Head of China, marking the first time the award was presented in China. Previous winners of the Vertin Award include Nobel laureates William Sharpe and Robert Shiller.

Goetzmann is the Edwin J. Beinecke Professor of Finance and Management Studies and Director of the International Center for Finance at the Yale School of Management. Goetzmann was selected for his noteworthy contributions to the investment profession, including his current research focused on alternative investing, behavioral finance, and the art market. Goetzmann’s work also includes studies of stock market predictability, hedge funds, and survival biases in performance measurement. Goetzmann is a distinguished writer, having written and co-authored a number of books, including his most recent release, Money Changes Everything: How Finance Made Civilization Possible. The book was featured as one of Bloomberg’s Best Books of 2016 and one of Financial Times Best Economics Books of 2016.

“Professor Goetzmann is a true Renaissance man whose interests range from the ancient and medieval roots of finance to the design of data graphics,” said Larry Siegel, research director at CFA Institute Research Foundation, “The field of finance has been enriched by his detailed study of financial history and talented ability to bring many different fields of knowledge to bear on his research and writing. We thank and congratulate him for his significant contributions to the investment management industry.”

Additional information on the Vertin Award can be found on the Research Foundation website and more information about Professor Goetzmann can be found on his website.


CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 154,000 CFA charterholders worldwide in 165+ countries and regions. CFA Institute has eight offices worldwide and there are 151 local member societies. For more information, visit www.cfainstitute.org or follow us on Twitter at @CFAInstitute and on Facebook.com/CFAInstitute.


CFA Institute Research Foundation

The CFA Institute Research Foundation is a not-for-profit organization established to promote the development and dissemination of relevant research for investment practitioners worldwide. The foundation’s mission is to fund, publish, and distribute comprehensive, high-quality, independent research relevant to the global investment community.