Chunhua Lan

Associate Professor

PhD (Boston College, Carroll School of Mgt)

Management, Faculty of

Tilley Hall 333

1 506 453 4942

Chunhua Lan is an Associate Professor in finance and quantitative and investment management areas. Dr. Lan’s main research interests include investments, mutual funds, asset pricing models and tests, portfolio choice, liquidity, and institutional investors. Her research mainly focuses on the determinants of asset prices and their dynamics, as well as the investment behaviour of institutional investors and the impacts of their behaviour on financial markets.

Dr. Lan’s research papers have been accepted and presented at top finance conferences, such as the American Finance Association Annual Meetings, European Finance Association Annual Meetings, and Northern Finance Association Annual Meetings. Her papers have been published in leading journals, such as the Review of Finance and Management Science. She has awarded multiple research funds including one SSHRC insight grant since she joined the University of New Brunswick.

Prior to joining the University of New Brunswick, Dr. Lan was a senior lecturer at the University of New South Wales in Australia. She has awarded multiple research funds there including two Australian School of Business Research Grants and two Special Research Grants.

Dr. Lan teaches Financial Derivatives and Fixed Income Securities and Interest Rate Derivatives in MQIM programs, and the Introduction to Financial Derivatives in the BBA and MBA programs. She also supervises Capstone projects in the MQIM program. Previously, she taught the Financial Decision Making under Uncertainty and Empirical Asset Pricing in the Ph.D. and Honours programs, and the Applied Portfolio Management and Modelling in the Master program, at the University of New South Wales.

Selected journal articles

Lan, C., and R. Wermers, “Cashflow Timing vs. Discount-Rate Timing: A Decomposition of Mutual Fund Market-Timing Skills,” 2022, Management Science, forthcoming.

Lan, C., and H. Bao, “Stock price movements: Evidence from global equity markets,” 2022, Journal of Empirical Finance, forthcoming.

Lan, C. (2020). “Stock Price Movements: Business-Cycle and Low-Frequency Perspectives,” Review of Asset Pricing Studies, Vol 10, 335–395.

Lan, C. (2015). “An Out-of-Sample Evaluation of Dynamic Portfolio Strategies,” 2015, Review of Finance, Vol. 19, 2359–2399.

Lan, C.; T.J. Tarn; Q.S. Chi; and J.W. Clark (2005). “Analytic Controllability of Time-Dependent Quantum Control Systems,” Journal of Mathematical Physics, Vol. 46, 052102.