Assistant Professor in Finance
  • Ph.D. in Banking and Finance, University of New South Wales, Australia (2017)
  • M.Phil. in Banking and Finance, University of New South Wales, Australia (2013)
  • Master of Finance in Investment Banking, University of New South Wales, Australia (2011)
  • Bachelor of Business Administration in Finance, University of Macau, Macau SAR of China (2010)
  • Assistant Professor, Faculty of Business Administration, University of Macau (Aug. 2024 – present)
  • Assistant Professor, Wang Yanan Institute for Studies in Economics, Xiamen University (Sep. 2017 – Aug. 2024)
  • Fundamental Research Funds for the Central Universities, Xiamen University (2018 – 2021)
  • Prize of Outstanding Research Performance in Humanities and Social Sciences, Xiamen University (2020)
  • University International Postgraduate Award + UNSW Business School Supplementary Scholarship, University of New South Wales (2013 – 2016)
  • Postgraduate Research Student Support (PRSS) Conference Travel Funds, University of New South Wales (2016)
  • FIRN Masterclass and Applied Research Courses Travel Scholarships, University of New South Wales (2013)
  • Banco Nacional Ultramarino Academic Prize, University of Macau (2010)
  • Fund Management
  • Financial Markets
  • Asset Pricing
  • Financial Option and Real Option
  • Bayesian Techniques in Finance and Economics
  1. Feldman, D., Saxena, K., and Xu, J. (2020). Is the Active Fund Management Industry Concentrated Enough? Journal of Financial Economics 136, 23–43. (ABS4*, FT50, UTD)
  1. [Invited Guest Speaker] Xu, J. (2024). Cross-Fund Subsidization, Flow-Performance Relation, and Fund Industry Welfare. Jinan University, China, 2024.
  2. [Conference presentation] Feldman, D. and Xu, J. (2023). Endogenous Dynamic Concentration of the Active Fund Management Industry, Heterogeneous Manager Abilities, and Stock Market Volatility. Chinese Finance Annual Meeting, China, 2023.
  3. [Conference presentation] Xu, J. (2023). Hidden Cross-Fund Subsidization, Distortion of Investors’ Belief, and Flow-Performance Relation. Chinese Economists Society Annual Conference, China, 2023.
  4. [Conference presentation] Xu, J. (2022). Hidden Cross-Fund Subsidization, Distortion of Investors’ Belief, and Flow-Performance Relation. Chinese Finance Annual Meeting, China, 2022.
  5. [Conference presentation] Xu, J. (2022). Hidden Cross-Fund Subsidization, Distortion of Investors’ Belief, and Flow-Performance Relation. Asian Meeting of the Econometric Society, China, 2022.
  6. [Invited Guest Speaker] Feldman, D. and Xu, J. (2021). Fund Flows, Performance, and Exit under Dynamic Unobservable Managing Ability. Curtin University, Australia, 2021.
  7. [Conference presentation] Feldman, D. and Xu, J. (2019). Fund Flows, Performance, and Exit under Dynamic Unobservable Managing Ability. Monash/Xiamen Workshop in Finance, Econometrics, Economics and Statistics (FEES), Australia, 2019.
  8. [Conference presentation] Feldman, D. and Xu, J. (2019). Fund Flows, Performance, and Exit under Dynamic Unobservable Managing Ability. Workshop on Asset Pricing and Risk Management, Singapore, 2019.
  9. [Conference presentation] Feldman, D. and Xu, J. (2019). One Global Village? Competition in the International Active Fund Management Industry. Asian Meeting of the Econometric Society, China, 2019.
  10. [Conference presentation] Feldman, D., Saxena, K., and Xu, J. (2018). Is the Active Fund Management Industry Concentrated Enough? China International Conference in Finance, China, 2018.
  11. [Conference presentation] Feldman, D. and Xu, J. (2016). One Global Village? Competition in the International Active Fund Management Industry. Australasian Finance and Banking Conference, Australia, 2016.
  12. [Conference presentation] Feldman, D., Saxena, K., and Xu, J. (2015). Is the Active Fund Management Industry Concentrated Enough? Australasian Finance and Banking Conference, Australia, 2015.
  • American Finance Association membership
  • Econometric Society membership