Mingchao CAI

• 2011 visiting scholar of Australia National University
• 2009 CFA Examination Standard Setter
• 2009 visiting scholar of UCSD, San Diego
• 2006 visiting scholar of Columbia Business School in New York city.
• 2006 Pass Level III examination of CFA
• 1998-2001 Ph.D.in Finance, Antai School of Management, Shanghai
• Jiaotong University
• 1995-1998 Master degree in Management Science, Shanghai
• Jiaotong University
• 1987-1991 Bachelor degree in Application Mathematics, Shanghai
• Jiaotong University

1 Director of Alpha Student Managed Mutual Funds, 2004- present

2 Membership of Shanghai Financial Engineering Association

Research Interest:

1 Empirical asset pricing

2 Portfolio management and pension fund management

Paper in SSCI Journals

• Do Heterogeneous Background Risks Matterto Household Asset Allocation?
• Asia-Pacific Journal of Financial Studies,(2013) 42, 563–589
• Investment under Event Risk in China Stock Market: A Theoretical Analysis,Economic Modelling,24,2007,673-682, SSCI.
• The overconfident, or the more informed? Applied Economics Letters，2009，16（3），315-318
• Is the more able manager always safer from takeover? Economic Modelling，2010,27,28-31
• Household life-cycleasset allocation and backgroundrisk of labor income, China Finance Review International ,Vol. 3 No. 2, 2013,117-129

Teaching

• Financial Mathematics, Asset Pricing and Investment Analysis, International Finance
• 2009 CFA Examination Standard Setter

Published Books:

• 1 Portfolio Management, Shanghai JiaotongUniversity Press, 2010
• 2 Financial Mathematics and Analysis Technique, Fu Dan UniversityPress, 2002
• 3 Investment, Shanghai People’s Press, 2002 (Co-author with YangChaojun)
• 4 Theory and Practice in Chinese Mutual Fund, Shanghai Finance andEconomics University Press ,2005-8-4
• 5 Modern Finance: Theory Efficient Frontier, Shanghai JiaotongUniversity Press, 2004, (Co-author with Yang Chaojun)

Chinese Translation of Academic Books:

• 1 Oxford Guide to Financial Modeling, forthcoming, Shanghai Finance and Economics University Press, [Original Author :Thomas Ho and Sang Bin Lee, Oxford University Press]
• 2 Financial Mathematics, Hua Zhang Economics and Management Press,2004,Chinese Translation Version [Original Author : Joseph Stampfli and Victor Goodman, University of Indiana ,USA]