Central Banks, Asset Management & Financial Institutions

Marlene Amstad is Professor of Practice in Economics at the Chinese University of Hong Kong, Shenzhen (CUHK-SZ) and Member of the Board of Directors at the Swiss Financial Market Supervisory Authority (FINMA). Her research interests are Money, Banking and Financial Markets with an emphasis on central banks, asset management, and financial institutions. She publishes in refereed and policy oriented journals such as Journal of International Money and Finance, Oxford Bulletin of Economics and Statistics, Economic Policy Review and BIS Quarterly Review.

Previously, Marlene acted as Deputy Director at the Swiss National Bank (SNB), served as the Head of Investment Strategy and Financial Market Analysis (with CHF 250bn AuM at the time) and was a member of the SNB investment committee. At the Bank for International Settlements (BIS) office in Hong Kong she coordinated the Asian Bond Fund initiative (ABF) for 11 leading Asian central banks (Reserve Bank of Australia, The People’s Bank of China, Hong Kong Monetary Authority, Bank Indonesia, Bank of Japan, The Bank of Korea, Bank Negara Malaysia, Reserve Bank of New Zealand, Bangko Sentral ng Pilipinas. Monetary Authority of Singapore, Bank of Thailand). As central bank specialist she regularly holds research fellowships, most recently with the Federal Reserve Bank of New York, the Bank of Japan, Bank of Finland and BIS.

Marlene creates economic indicators for policy makers and investors. At the Federal Reserve Bank of New York she developed the “Fed New York staff underlying inflation gauge (UIG)” which is published monthly by the Fed NY and covered by major media outlets. In joint work with People’s Bank of China she developed a similar gauge for inflation in China. At Credit Suisse she built quantitative credit risk models and developed business cycle indicators at KOF-Swiss Economic Institute.

She teaches courses in “Economics of Money and Financial Institutions – from the classic textbook to FinTech” and “Financial Markets in China and the World” in the Master of Finance program at CUHK-SZ and Shenzhen Finance Institute. Previously, she taught the course “Money, Institutions and Financial Markets”, and lectured on “Financial Institutions and Regulations” at the University of Bern and in the “MBA in Finance” at Tsinghua University, Beijing.

A native Swiss, Marlene received a master in economics (magna cum laude) from the University of Bern, a doctorate in econometrics (summa cum laude) from the University of St. Gallen and pursued her management education at INSEAD and IMD. She lives in Hong Kong, China and Switzerland.