Phone: +65 6799 5130
Asset Pricing, Portfolio Choice, Continuous Time Finance, Derivatives, Credit Risk, Risk Management
Corporate Financial Policy and Derivatives (MBA and EMBA), Financial Markets and Valuation (EMBA), Foundations of Financial Economics (PhD)
Banking and Insurance
Pascal Maenhout is an Associate Professor of Finance at INSEAD. He teaches corporate finance, portfolio theory, and capital markets in MBA, PhD and Executive Education programmes. He graduated summa cum laude from the Department of Economics at the University of Leuven, Belgium and obtained an MA and a PhD in Financial Economics from Harvard University.
His research interests include portfolio theory, derivatives, asset pricing, and risk management. Recent papers have been published, or are forthcoming, in leading academic journals such as the Journal of Finance, Review of Financial Studies, Journal of Economic Theory, Journal of Financial and Quantitative Analysis, Review of Finance, and Journal of Banking and Finance. Pascal Maenhout received the 2006 Institut Europlace Award for best article in finance published in 2005, the 2000 BACOB ARTESIA Prize for Research in Financial Economics, and grants from BSI Gamma and Inquire.
He has previously taught at Harvard University.
- Journal Articles - Does Skin in the Game Matter? Director Incentives and Governance in the Mutual Fund Industry - Journal of Financial and Quantitative Analysis
- Journal Articles - The Price of Correlation Risk: Evidence from Equity Options - Journal of Finance
- Journal Articles - Explaining the Level of Credit Spreads: Option-Implied Jump Risk Premia in a Firm Value Model - Review of Financial Studies
- Journal Articles - Individual Stock-option Prices and Credit Spreads - Journal of Banking and Finance
- Journal Articles - An Empirical Portfolio Perspective on Option Pricing Anomalies - Review of Finance
- Journal Articles - Robust Portfolio Rules and Detection-Error Probabilities for a Mean-Reverting Risk Premium - Journal of Economic Theory
- Journal Articles - Consumption and Portfolio Choice over the Life-Cycle - Review of Financial Studies
- Journal Articles - Robust Portfolio Rules and Asset Pricing - Review of Financial Studies