Bear Factor and Hedge Fund Performance
Ho, T., Kagkadis, A., Wang, G. (2025) Journal of Empirical Finance. 82
Thang Ho is an Assistant Professor in Finance and Accounting
at the University of Bradford School of Management. He joined the School in
October 2022 after completing his PhD in Finance at Lancaster University, where
he also obtained an MSc in Advanced Financial Analysis. He passed all three
levels of the CFA (Chartered Financial Analyst) examinations consecutively at
the first attempt between 2014 and 2016 and is a Fellow of Advance HE (FHEA).
His research focuses on empirical asset pricing, corporate
finance, and sustainable finance, with particular emphasis on how information
environments, disclosure, and institutional settings shape financial markets
and corporate decision-making. His recent work examines the role of ESG
disclosure in improving transparency and market discipline. In particular, his
research shows that mandatory ESG disclosure can enhance the detection of
misleading corporate communication and improve real investment efficiency by
strengthening the informational role of financial markets. Complementary work
explores how peer firms’ CSR incidents affect corporate investment behaviour
through monitoring and learning channels.
More broadly, Thang’s research agenda covers hedge fund
performance, cross-sectional asset pricing, political risk, and the financial
implications of sustainability-related regulation and disclosure. His work aims
to address questions that are both academically important and policy relevant,
particularly where financial markets interact with broader societal concerns
such as sustainability, transparency, and corporate accountability. His
research has been presented at major international conferences, including the
Asian Finance Association Conference, the Australasian Finance and Banking
Conference, BAFA, and the Frontiers of Factor Investing Conference. He has
published in leading finance journals including Review of Asset
Pricing Studies, Journal of Empirical Finance, Journal of
Business Ethics, and International Review of Financial Analysis.
Thang has teaching experience across undergraduate and
postgraduate programmes. He has contributed to the design and delivery of
modules including Quantitative Methods in Finance, Introduction to Finance, and
Accounting and Finance Project. His teaching combines conceptual rigour with
applied analysis, helping students engage with real-world financial questions
through the use of professional databases such as Refinitiv. He also supervises
undergraduate and postgraduate dissertations, supporting students in developing
independent research skills and strong academic standards.
He contributes to the wider academic community through peer-review activities for leading journals in finance and accounting, supporting the quality and development of scholarship in the field. He is also a member of the British Accounting and Finance Association (BAFA).
Thang welcomes enquiries from prospective PhD students with interests in empirical asset pricing, corporate finance, and sustainable finance, particularly in areas related to information, disclosure, and financial markets.
Empirical asset pricing, Sustainable finance, Climate finance, Portfolio management, Institutional investors, Mutual fund and Hedge fund performance, Option pricing,.
Financial reporting analysis, Quantitative methods in Finance, Portfolio Management, Equity Investment, and Corporate Finance.
Ho, T., Kagkadis, A., Wang, G. (2025) Journal of Empirical Finance. 82
Akbar, S., Ho, T., Truong, H.T.H. (2025) Journal of Business Ethics.
Ho, T., Kagkadis, A., Wang, G. (2024) The Review of Asset Pricing Studies. 14, 153-195.
Giray Gozgor;Thang Ho;Jing Li;Mohammad Mahdi Mousavi (2024) International Review of Financial Analysis. 96
Ho., T. (2022) International Review of Financial Analysis. Volume 83