Associate Professor of Finance
School of Finance
Renmin University of China
No. 59 Zhong Guan Cun Street
Beijing, China 100872
Phone: +86 (10) 82500591
Email: chengdongyin@ruc.edu.cn
Pulications
“The Optimal Size of Hedge Funds: Conflict between Investors and Fund Managers”, 2016, Journal of Finance 71(4), 1857-1894.
“Fund Selection, Style Allocation, and Active Management Abilities: Evidence from Funds of Hedge Funds’ Holdings”, 2020, with Chao Gao and Tim Haight, Financial Management 49(1), 135-159; https://doi.org/10.1111/fima.12258 .
“The Performance Life Cycle of Hedge Funds: Can Investors Achieve Lasting Performance?”, 2022, with Chao Gao, Tim Haight, and Chengsi Zhang, Journal of Portfolio Management April 2022, 48 (5) 189-217; DOI: https://doi.org/10.3905/jpm.2021.1.315.
"Risking or De-Risking: How Management Fees Affect Hedge Fund Risk-Taking Choices", 2023, with Xiaoyan Zhang, Review of Financial Studies 36(3), 904-944; https://doi.org/10.1093/rfs/hhac055.
“Advisory Firm Paths to Side-By-Side Management and Mutual Fund Performance”, 2023, with John Bae, Tim Haight, and Xin Kuang, Journal of Empirical Finance 73, 1-21; https://doi.org/10.1016/j.jempfin.2023.05.002.
"The impact of series investment companies on mutual fund attributes", 2026, with Tim Haight, Journal of Empirical Finance 80; DOI:10.1016/j.jempfin.2026.101753.
Working Papers
“High Portfolio Turnover, Managerial Skills, and Fund Performance of Chinese Mutual Funds”, 2026, with Zhigang Liang and Ke Wu.
"Shared Investment Companies in the Mutual Fund Industry", 2026, with Tim Haight.
"The Value of Activism: A Hedge Fund Investor's Perspective", 2022, with Felix Feng and Caroline Zhu.