Jun Duanmu, PhD

The consideration of ESG (Environmental, Societal, and Governance) factors has become an increasingly important part of investment management. Institutional investors are broadening their investment objectives to include strategies that consider social returns in addition to financial returns. Corporations are adopting different strategies and allocating resources in the development of Corporate Social Responsibility management. For business schools in U.S., a new curriculum that offers education and discussions of ESG and Impact Investing related topics serves greater good to students and community.

Professor Duanmu’s research interests lie primarily in investments with a focus on investment companies like hedge funds and Exchange Traded Funds. He studies the determinants of investment company performances. In his recent work, he bridges the gap between hedge fund performance and Corporate Social Responsibility investments and suggests that hedge funds derive benefits by using CSR considerations as a form of risk mitigation in their investment policy. During the fellowship, he will base his expertise in the investments research and develop a new course in ESG and Impact Investing. The new course provides a comprehensive overview and discussion of trending topics of Responsible Investments and seeks to promote high-quality, value-driven business education to the students at Seattle University.  

Recent Research:

Duanmu, J., Huang, Q., Li, Y., & Sun, L. (2022). Litigation risk and stock return anomaly. Financial Analyst Journal, 78(4), 145-162. https://doi.org/10.1080/0015198X.2022.2089008

Duanmu, J., Li, Y., Lin, M., & Tahsin, S. (2022). Natural disaster risk and residential mortgage lending standards. Journal of Real Estate Research, 44(1), 106-130. https://doi.org/10.1080/08965803.2021.2013613

Duanmu, J., Huang, Q., Li Y., & McBrayer, G. (2021). Can hedge funds benefit from CSR investment? The Financial Review, 56(2), 251-278. https://doi.org/10.1111/fire.12261

Duanmu, J., Li, Y., & Malakhov, A. (2020). Capturing hedge fund risk factor exposures: Hedge fund return replications with ETFs. The Financial Review, 55(3), 405-431. https://doi.org/10.1111/fire.12221

Duanmu, J., Malakhov, A., & McCumber, W. R. (2018). Beta active hedge fund management. Journal of Financial and Quantitative Analysis, 53(6), 2525-2558.