Phone: +852 5199 6227 ext. 2435
Dean’s Distinguished Chair Professor of Finance
Academic Director for EMBA
PhD, University of California, Berkeley
PhD, Tulane University
Areas of Expertise: Asset Pricing, Corporate Finance, Fixed Income, Integrated Models of Asset Pricing, Internet Finance, Moral Hazard, Quantitative Strategies and Research, Risk Management
Prof Ou-Yang is the Dean’s Distinguished Chair Professor of Finance at CKGSB. He also serves as the Academic Director for the EMBA Programs. His academic research focuses on the development of asset pricing and corporate finance models. He had previously served as an associate professor at Duke University and an assistant professor at UNC-Chapel Hill. Prof Ou-Yang was voted the best teacher by Duke’s Global EMBA Class of 2004. He won the Barclays Global Investors/Michael Brennan Runner-Up Award for the best paper published in the Review of Financial Studies in 2003 as well as the best paper award (joint with Henry Cao) presented by the Society of Quantitative Analysts in 2005.
Before joining CKGSB, Dr Ou-Yang served as a managing director at UBS where he headed the Quantitative Solutions/Algo Strategies division. His work focused on alpha-generating trading strategies and quantitative portfolio strategies, as well as on the development of structured products. His team developed various structured products, such as “Hedging and Outperforming Inflations in China, Hong Kong, Korea, Malaysia, Singapore and Thailand”, “Asset Allocation using Macro Signals” and “Relative Value Commodity Strategies”. In addition, he provided customized solutions for major UBS clients such as utility companies, airlines and banks. Ou-Yang also served as a managing director at Lehman Brothers and Nomura Securities, where he headed Quantitative Strategies and Quantitative Credit Research. He was heavily involved with many of Lehman’s credit/interest rate structured products as well as beta products, such as replicating Lehman’s bond indexes and replicating the global hedge fund index.
Dr Ou-Yang holds a PhD in finance from UC Berkeley and a PhD in chemical physics from Tulane University. He received his postdoctoral training in chemical physics from the California Institute of Technology, where he worked under Nobel Laureate Rudy Marcus.
February 19, 2020
Dear all students, staff and members of the CKGSB community,
As the public health emergency caused by COVID-19 is still ongoing, I hope you are all staying safe and healthy. The safety of our staff and students are our top priority at this point, which is why all staff members will work remotely for the time being. In addition, we will offer online learning to our students, in order to continue our curriculum offering, and provide a series of webinars for the wider community on relevant topics.
Fundamental to the core of Cheung Kong Graduate School of Business’ (CKGSB) vision is to cultivate transformative business leaders with a strong sense of social responsibility. To this extent, I’m extremely proud to see the CKGSB community coming together in recent weeks to provide support through donations big and small. Meanwhile, our professors are examining the economic and social impact of the virus and will continue to release data and analysis in the coming weeks.
We will continue to support relief efforts and work together with government agencies, private corporations and international organizations in a meaningful way. Our thoughts and wishes are with all of the people affected by the COVID-19.
Professor of China Business and Globalization
Cheung Kong Graduate School of Business