Phone: +33 (0)1 60 72 40 00
Financial Institutions, Private Equity, Analyst Research, Mutual/Hedge Funds, Media and Financial Markets
Corporate Finance, Private Equity, Alternative Investments
Banking and Insurance
Lily Fang is an Associate Professor of Finance at INSEAD. Based in Singapore since 2003, she contributed to the development of the INSEAD Singapore campus. At INSEAD Professor Fang teaches corporate finance, capital markets, valuation, private equity, and entrepreneurial finance in the MBA and Executive Education programmes. She has won the Dean's Commendation Award for Excellence in MBA Teaching, and has taught in and directed numerous Executive Education programmes.
Professor Fang obtained her PhD in Finance from the Wharton School, University of Pennsylvania. Prior to that, she studied mathematics, actuarial science and management science at Simon Fraser University in Vancouver.
Professor Fang’s primary research interest is information markets, i.e., financial intermediation, financial institutions, and the media. She has published numerous studies on the incentives, behaviour and performance of financial analysts, fund managers, and financial institutions in top academic journals such as the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. Her work on the relation between media coverage and the cross-section of stock returns received the prestigious Smith Breeden prize in 2009. Professor Fang was a Visiting Professor at the MIT Sloan School of Management during the academic year 2014-2015, where she taught corporate finance and won the Outstanding Teacher award.