Global macro and quantitative equity form our two research pillars. Each opportunity is assessed through pricing logic, quality of evidence, holding horizon, implementation costs and portfolio constraints.
01 / GLOBAL MACRO
Research across US and Chinese monetary policy, rate structures, currency pricing and cross-border capital flows to identify relative value across alternative policy paths.
Look beyond headline differentials to their drivers, durability and pace of change, incorporating funding, hedging, liquidity and invalidation scenarios into each assessment.
02 / QUANTITATIVE EQUITY
Systematic equity research spanning signal identification, data governance and holding-horizon analysis to distinguish return drivers and limits across market regimes.
Robustness is assessed through cross-cycle review, out-of-sample validation, alternative benchmarks and research-version governance, with portfolio turnover constraints, execution frictions, market capacity and risk exposures incorporated into implementability analysis.
PORTFOLIO & RISK
Risk management is part of the research question, position sizing, implementation and exit conditions, rather than a check performed after an investment decision.
Before assessing potential return, identify possible loss, sources of risk and how exposures may behave across market scenarios, avoiding reliance on a single view or market path.
Align position size with holding horizon, funding arrangements, market depth and exit conditions so that a research view remains executable under real market constraints.
Monitor key variables, portfolio exposures and invalidation conditions, reassessing prior judgments as facts, prices or market structure change.
