Xiao Qiao is an assistant professor in the School of Data Science at the City University of Hong Kong and a member of the Hong Kong Institute for Data Science. He is on the editorial board of the Journal of Portfolio Management and his research has been featured in Forbes and Institutional Investor. Prior to CityU, Xiao worked in the investment management industry where he participated in the creation of award-winning investment products. Xiao received a B.S. in Economics from the Wharton School and a B.S. in Engineering from the School of Engineering and Applied Sciences at the University of Pennsylvania. He received a PhD in Finance from the University of Chicago, where he was Nobel laureate Eugene Fama’s teaching assistant.