Melvyn Teo

Research Interests

• Empirical Asset Pricing
• Hedge Funds
• Behavioral Finance

Education

• Doctor of Philosophy (PhD) Harvard University (1997 — 2002)
• Bachelor of Arts (B.A.) Cornell University (1994 — 1997)
• Raffles Junior College (1992 — 1993)

Current Position(s) Held

• 2017 – Now
  Deputy Dean (Faculty & Research)
  Lee Kong Chian School of Business, Singapore Management University

• 2011 – 2016
  Associate Dean (Research)
  Lee Kong Chian School of Business, Singapore Management University

• 2016 – Now
  Lee Kong Chian Professor of Finance, Singapore Management University

• 2011 - Now
  Professor of Finance
  Lee Kong Chian School of Business, Singapore Management University

• 2007 - 2013
  Director, BNP Paribas Hedge Fund Centre

Service To The Profession

• Track Chair, European Finance Association Meeting, Barcelona 2022
• Track Chair, European Finance Association Meeting, Milan 2021

Awards, Recognition & Honors

• Dean’s Teaching Honors List - LKCSB Postgraduate Programmes, SMU, 2020
• Dean’s Teaching Honors List - LKCSB Postgraduate Programmes, SMU, 2019
• Jack Treynor Prize, Q-Group, 2017
• Lee Kong Chian Professorship, SMU, 2016 - Now
• Singapore Ministry of Education Tier 2 grant, MOE, 2015-2017
• Distinguished Teacher Award Nominee, SMU, 2011
• Lee Kuan Yew Fellowship for Research Excellence, SMU, 2009-2010.
• Best Paper presented at Inquire UK, Inquire UK, 2009.
• Commonfund Prize for Best Paper, European Finance Association, 2007
• Research Excellence on Alternative Investments and Hedge Funds in Asia, INSEAD and AIMA, 2006
• Lee Foundation Fellowship for Research Excellence, SMU, 2002 - 2003
• Derek Bok Center Certificate of Distinction in Teaching, Harvard, September 2001 - May 2002
• Dean's List, College of Arts and Sciences, Cornell University, 1994 - 1997
• Public Service Commission Overseas Merit Scholarship, Government of Singapore, 1994 - 1998

Journal Articles (Refereed)

• "Responsible Hedge Funds," by Hao Liang, Lin Sun, and Melvyn Teo, Review of Finance, forthcoming.
• "Do Alpha Males Deliver Alpha? Facial Width-to-Height Ratio and Hedge Funds," by Yan Lu and Melvyn Teo, Journal of Financial and Quantitative Analysis, forthcoming.
• "Hedge Fund Franchises," by William Fung, David Hsieh, Narayan Naik, and Melvyn Teo, 2021, 67, Management Science, 1199-1226.
• "Public Hedge Funds," by Lin Sun and Melvyn Teo, 2019, 131, Journal of Financial Economics, 44–60.
• "Sensation Seeking and Hedge Funds," by Stephen Brown, Yan Lu, Sugata Ray, and Melvyn Teo, 2018, 73, Journal of Finance, 2871–2914.
• "Limited Attention, Marital Events, and Hedge Funds," by Yan Lu, Sugata Ray, and Melvyn Teo, 2016, 122, Journal of Financial Economics, 607–624.
• "The Liquidity Risk of Liquid Hedge Funds,” by Melvyn Teo, 2011, 100, Journal of Financial Economics, 24–44.
• “Hedge Funds, Managerial Skill, and Macroeconomic Variables,” by Doron Avramov, Robert Kosowski, Narayan Naik, and Melvyn Teo, 2011, 99, Journal of Financial Economics, 672–692.
• "Geography of Hedge Funds", by Melvyn Teo, 2009, 22, Review of Financial Studies, 3531–3561.
• "Institutional Investors, Past Performance, and Dynamic Loss Aversion", by Paul O'Connell and Melvyn Teo, 2009, 44, Journal of Financial and Quantitative Analysis, 155–188.
• "Style Investing and Institutional Investors", by Kenneth Froot and Melvyn Teo, 2008, 43, Journal of Financial and Quantitative Analysis, 883–906.
• "Home Biased Analysts in Emerging Markets", by Sandy Lai and Melvyn Teo, 2008, 43, Journal of Financial and Quantitative Analysis, 685–716.
• "Do Hedge Funds Deliver Alpha? A Bayesian and Bootstrap Analysis", by Robert Kosowski, Narayan Naik and Melvyn Teo, 2007, 84, Journal of Financial Economics, 229–264.
• "Style Effects in the Cross-section of Stock Returns", by Melvyn Teo and Sung-Jun Woo, 2004, 74, Journal of Financial Economics, 367–398.
• "Testing Market Efficiency using Statistical Arbitrage with Applications to Momentum and Value Strategies", by Steve Hogan, Robert Jarrow, Melvyn Teo and Mitch Warachka, 2004, 73, Journal of Financial Economics, 525–565.