Our Team
Partial list of our staff
H. Gifford Fong,
President
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 Corporation Visiting
Committee for the MIT Sloan School of Management; 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, Financial Analyst Manager
David Chin serves as Financial Analyst Manager at Gifford Fong
Associates. He is a graduate of the California State University,
Sacramento, where he earned his BS in Finance. Additionally, Mr.
Chin is a graduate of the CFE Program at the Haas School of
Business at the University of California at Berkeley.
Since joining GFA since 1998, Mr. Chin’s duties in the Asset
Management Group include monitoring, analyzing and providing
investment decision-making ideas on the Strategy, subject to Mr.
Fong’s approval. In addition, Mr. Chin is responsible for the
ongoing evaluation of data sources, the coordination with other
departments, and the responsibility for data collection and
processing. His activities include daily data updates, running
the Genesis system, client servicing, special requests from
clients and other internal departments and support of the
Valuations and Litigation Groups.
Rong Fan, Director of Research
Rong Fan serves as the Director of Research at
Gifford Fong Associates. Since joining GFA in 2007, Ms. Fan’s
responsibilities are research and development including financial
modeling, portfolio risk analysis, economic data analysis, and
complex structured product and exotic derivative valuation. She
serves as the technical lead on projects involving litigation
support.
Rong holds a B.S. and M.S. from Wuhan University, China and a Ph.D.
from Case Western Reserve University at Cleveland, OH.
Chuan (Victor) Chen, Financial Engineer
Victor Chen serves as a Research Engineer
at
Dr. Chen holds a B.S. from
Steven Fong, Executive Director
Steven Fong serves as Executive Director at
Gifford Fong Associates, (GFA). Since joining GFA in 2009, his
responsibilities include overall management and coordination of
departments and resources.
Prior to joining GFA, Steve developed experience in financial
analysis and project management as a financial services consultant
at PriceWaterhouseCoopers specializing in Real Estate Advisory and
Litigation Support. He obtained expertise in technology and systems
integration consulting as a Senior Systems Consultant and team lead
at SAP America. He also was responsible for budgeting, planning, and
cost management as an IT Controller for Fisher Investments.
Steve holds a B.S. from the U.C. Berkeley Haas School of Business
with an emphasis in Finance and an MBA from MIT with a focus on
Information Technology.
Ying (Daisy) Hao, Financial Engineer
Ying (Daisy) Hao serves as a Financial Engineer at
Gifford Fong Associates. Since joining GFA in 2011, her
responsibilities include analysis of financial market data, model
development, valuation of fixed income securities and derivatives,
as well as projects involving litigation support.
Daisy holds a B.S. in Statistics and Applied Probability from
National University of Singapore, and a Master of Financial
Engineering from University of California – Los Angeles.
Yingnan (Sarah) Hu, Financial Data Analyst
Yingnan (Sarah) Hu serves as a Financial Data
Analyst at Gifford Fong Associates.
Since joining GFA in 2011, her responsibilities include data mining,
operations of the Genesis system, client servicing, equity analysis,
numerical analysis, derivative product analysis and special requests
from clients and other internal departments.
Sarah holds a M.S. in Finance from Louisiana State University.
Wei Li, Associate Director
Wei serves as the Associate Director at
Gifford Fong Associates. Since joining GFA in 2010, his
responsibilities include fixed income structure product and
derivative valuation, algorithm development, and leading the client
service team.
Prior to joining GFA, Wei worked for KPMG as a senior audit
associate, and for the Walt Disney Company as a senior financial
analyst, where he obtained in-depth US GAAP auditing and corporate
accounting experience.
Wei holds a Master of Financial Engineering degree from the UCLA
Anderson School and a B.S. degree in Computer Science from the
Winthrop University. Wei is also a CPA in the state of California
and a CFA level III candidate.
Di (Martin) Ma, Financial Engineer
Martin serves as a Financial Engineer at Gifford
Fong Associates. Since joining GFA in 2009, his responsibilities
include development of algorithms, numerical analysis and derivative
product analysis.
Martin holds a B.S. and M.S. from Queen’s University in Canada, and
a Master of Financial Engineering from the University of California
at Berkeley.
Jessie Zhang, Director of Valuation Services
Jessie Zhang is Director of Valuation
Services at Gifford Fong Associates. Her
responsibilities include serving as the technical lead of Valuation
services, special client projects, and pricing of very complex
structured products. Before joining GFA in 2004, she has been involved in design and
implementation of a variety of enterprise software projects at
TradeBeam, Carnegie Institution, Versata, Sybase and CA Technologies.
Jessie is a graduate of the Certified Financial Engineering Program at the Haas School of Business,
University of California Berkeley. She holds MS degree in computer science from Pennsylvania State
University, and BS degree in Electronic Engineering & Information Science from the
University of Science and Technology of China.