中文版
Hong Yan

Professor of Finance

Contact: hyan@saif.sjtu.edu.cn

Support Staff: Chun Yu

Profile

Hong Yan is Professor of Finance at Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University, where he served as Deputy Dean and as Deputy Director for China Academy of Financial Research. Before he joined SAIF full-time, Prof. Yan was a tenured faculty member at the Moore School of Business in the University of South Carolina, USA. Previously, he was on the faculty at the University of Texas at Austin and spent a year as a visiting academic scholar at the U.S. Securities & Exchange Commission (SEC). He also held visiting appointments at the University of Hong Kong, the U.S. Federal Reserve Board and Cheung Kong Graduate School of Business.

Professor Yan holds a Ph.D. in Finance from the University of California, Berkeley, and a Ph.D. in Applied Physics from the University of Michigan. His research focuses on the areas of credit risk, asset pricing, derivatives securities, portfolio choice, and risk management. He also studies financial intermediaries such as mutual funds, hedge funds and financial analysts. Prof. Yan has published in top academic journals such as Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. His research has been recognized by the Q-group Grant in 2007, the Crowell Prize in Investment Management in 2010 and a number of Best Paper Awards at international academic conferences.

Professor Yan currently serves as a Managing Editor of the International Review of Finance. He chaired the program committee for the China International Conference in Finance (CICF) in 2013 and 2014, and has served on program committees for several major international conferences. He reviews manuscripts for more than dozen internationally renowned academic journals in economics and finance. In addition, he sits on the advisory boards of several academic and financial institutions and was selected into Shanghai’s “Thousand Talents Plan”.

Research Interests

Asset pricing: corporate decisions and security returns; information and learning in financial markets; credit risk and returns on stocks and bonds; market liquidity; financial derivatives and risk management; portfolio choice.

Financial intermediaries: mutual funds, hedge funds, and financial analysts.

Emerging markets: financial market development, role of foreign and/or institutional investors in these markets, especially in China.

Teaching

Principles of Finance

Asset Pricing Theory

Research in Finance

Investment Management

Fixed Income Securities

China Business Immersion


Faculty & Research
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