K. Geert Rouwenhorst

Robert B. and Candice J. Haas Professor of Corporate Finance & Deputy Director of the International Center for Finance

Faculty Directory

Geert Rouwenhorst specializes in empirical finance and asset pricing. His research interests include risk and return in international equity markets, commodity investments, and the history of financial innovation. He has held visiting positions at MIT and the IMF. His co-edited book The Origins of Value: The Financial Innovations that Created Modern Capital Markets surveys key historical innovations in the field of finance, and was named a book of the year by Barron’s and the Economist.



  • PhD, University of Rochester, 1991
  • MS, University of Rochester, 1988
  • BLaw, Erasmus University, Rotterdam, The Netherlands, 1986
  • MS, Erasmus University, Rotterdam, The Netherlands, 1985


  • Sourcing & Managing Funds MGT 423

Selected Books

Selected Articles

Investor Interest and the Returns to Commodity Investing

K.G. Rouwenhorst, G. Bhardwaj, and G. Gorton
Journal of Portfolio Management

Selected Working Papers


  • Roger F. Murray Prize
  • Q-Group Grant on Commodity Research
  • Award for Outstanding Research, International Investment Forum, 1997
  • Frederick Frank Grant for research with an international focus


  • Emerging Markets Review Editorial Board
  • European Financial Management Editorial Board
  • Financial Economics Network: European Finance Editorial Board
  • Journal of Asset Management Editorial Board
  • Journal of Commodity Markets Editorial Board