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How do you build strong financial institutions?

清华大学中国金融研究中心金融前沿系列讲座之九


题目:How do you build strong financial institutions?
——Lessons from the Development of the Vanguard Group

演讲者:Prof. Jianping MEI
Tenured associate professor of finance
Stern School of Business, New York University

时间:2002年12月25日(星期三)晚7:00
地点:经管学院北408


中国金融研究中心


SUMMARY:

Based on the principles of low cost investing and indexing, the Vanguard Group has become a financial service firm for the masses in the U.S., servicing 15 million investors and managing over $600 billion in assets. Such institutional investor encourages long term investment and brings stability to financial markets. We will discuss the secrets of Vanguard success and what Chinese financial service firms can learn from Vanguard.

BRIEF BIO:

Jianping Mei is a tenured associate professor of finance at the Stern School of Business, New York University. His major areas of research include international finance, asset pricing, and real asset finance. He has published over 30 articles in American Economic Review, Journal of Finance, Review of Financial Studies, Real Estate Economics, and other academic journals. He has taught a highly popular MBA course on Emerging Market Finance based on his recent book with Burton Malkiel (Global Bargain Hunting). He has developed a Fine Art Price Index with Michael Moses. He has received several "Best Research Paper Award" from various academic organizations. His research has been covered extensively by the major news media in China, the U.S., U.K., France, Japan, Canada, Korea, and Singapore.

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