H. Gifford Fong

H. Gifford Fong is President of Gifford Fong Associates, a firm specializing in fixed income, derivative product and asset allocation analysis.  Independent valuation, model validation and portfolio strategy analysis are areas of emphasis.  He is a graduate of the University of California where he earned his B.S., M.B.A. and J.D. (law).

Mr. Fong is the editor of the Journal Of Investment Management (JOIM); founder of the JOIM Conference Series; member of the Advisory Group of the University of California Regents Committee on Investments; member of the North American Executive Board of the MIT Sloan School; member of the Advisory Board of the Finance Faculty of the MIT Sloan School; founding sponsor, member of the Steering Committee of the Masters In Financial Engineering Program at the University of California at Berkeley; member, Haas Hall of Fame, Haas School of Business, University of California at Berkeley; and member of the Board of Trustees, University of California, Berkeley Foundation; former editor of the Financial Analysts Journal; former member of the Board of Directors and Program Chairman of the Institute for Quantitative Research in Finance; former Vice Chair and member of the Research Committee of the Research Foundation of the CFA Institute and a contributor to a number of professional books and journals.

In addition, Mr. Fong is co-author of "Fixed-Income Portfolio Management," a book published by Dow Jones-Irwin, co-author of "Advanced Fixed Income Portfolio Management, The State of the Art," a book published by Probus Publishing, editor of “The Credit Market Handbook: Advanced Modeling Issues,” a book published by Wiley Finance, editor of “The World of Hedge Funds: Characteristics and Analysis” and “The World of Risk Management,” books published by World Scientific.  He is also the author of numerous professional journal publications.  Mr. Fong has received a number of honors, including the Institute for Quantitative Research in Finance Award and the Financial Analysts Journal Graham and Dodd Award of Excellence.  He also is on a number of boards of directors of non-related companies and non-profit institutions.

David Chin

David Chin serves as an Application Specialist Manager of the Data Analyst Group at Gifford Fong Associates, (GFA). He is a graduate of the California State University, Sacramento, where he earned his BS in Business Administration. Additionally, Mr. Chin is a graduate of the CFE Program at the Haas School of Business at the University of California at Berkeley. Mr. Chin’s duties include the ongoing evaluation and optimization of Client Equity Portfolios, evaluation of all data sources, the coordination with other departments, and the responsibility for data collection and processing. His activities include daily data updates, special requests from clients and other internal departments and support of the Applications Consulting Group.

Rong Fan

Rong Fan serves as a Research Director at Gifford Fong Associates. Dr. Fan's current responsibilities at GFA are Research and Development, including interest rate process modeling, market/credit risk analysis, economic data analysis, and complex structured product modeling and exotic derivatives modeling. She had involved in various projects including working with rating agencies on rating issues of structured products, portfolio performance optimization, and interest rates projection for MBS. Before joining GFA, Dr. Fan has worked for Countrywide Bank and Credit Suisse at a variety of capacities on credit research. Dr. Fan has published academically refereed articles in finance and economics journals. Dr. Fan holds a B.S. and M.S. from Wuhan University, Wuhan, China and a Ph.D. from Case Western Reserve University, Cleveland, Ohio.