معرفی
Hening Liu is Professor of Finance at Alliance Manchester Business School (AMBS), University of Manchester, where he also serves as Director of the PhD Programmes in Accounting and Finance. He joined AMBS as a Lecturer in 2008, was promoted to Reader in Finance in 2015, and became Professor of Finance in 2017.
Hening Liu earned his PhD in Economics from Northern Illinois University. His academic journey at AMBS has spanned over 15 years, during which he has established himself as a leading researcher in finance.
Professor Liu's research spans theoretical and empirical asset pricing, financial econometrics, and portfolio choice. His recent work focuses on ambiguity preferences in asset pricing, structural estimation of asset pricing models, and general equilibrium models with nonstandard utility preferences. His research fingerprint reveals strong expertise in volatility, asset pricing, risk premium, investors behavior, capital market returns, Bayesian methods, financial economics, and portfolio choice.
Hening Liu's publications demonstrate a consistent focus on advanced asset pricing models and financial decision-making under uncertainty. His recent work combines sophisticated econometric techniques with theoretical financial models to address fundamental questions about market behavior, investor preferences, and risk assessment. The recurring themes across his publications include the application of Bayesian methods, analysis of long-run risk models, and examination of ambiguity aversion in financial contexts.
- Regular reviewer for American Economic Review
- Regular reviewer for Journal of Finance
- Regular reviewer for Journal of Financial and Quantitative Analysis
- Regular reviewer for Journal of Political Economy
- Regular reviewer for Management Science
- Regular reviewer for Review of Financial Studies
As Director of PhD Programmes in Accounting and Finance, Professor Liu supervises several doctoral students including Bo Huang, Ke Wang, Shaokai Ding, and Junhong Yu. His PhD students have secured placements at prestigious institutions worldwide including University of Bath, University of Chicago, London Business School, and Fudan University.
Beyond academia, Professor Liu is an amateur expert in Go (Weiqi), appreciating the game's strategic depth which resonates with his research in asset pricing and decision-making under uncertainty.




