Macro Strategy is one of Lianhai’s core investment strategy, with its longest-standing track records. A macro investment strategy consists of both asset allocation and market timing. Asset allocation strategically divides investments among a variety of different assets. Lianhai’s asset allocation strategy aims to design and construct portfolios that balance risk and rewards to generate long-term steady absolute returns. Market timing is an investment approach that exploits temporary market fluctuations, delivers reasonable future forecasts, captures market turning points and sets out investment strategies accordingly. In a nutshell, Lianhai’s macro investment strategy benefits from well-diversified portfolios that rotate portfolio exposures among specific asset classes to manage portfolios’ overall risk, which can better address unprecedented market crisis and pursue long-term investment growth.

Lianhai’s Quantitative Strategy is based on a daily alpha-seeking stock-selection strategy. Our quantitative model identifies alpha through a variety of sources, including technical and fundamental factors, analyst forecasts and factors derived from unique datasets. In combining these factors, we construct well-diversified and interpretable portfolios while considering risk factors and controlling industry exposures. Lianhai’s quantitative model delivers superior alphas and risk-adjusted returns that always outperform market benchmarks. Our research and trading team continually originates, analyzes and evaluates new ideas using deeply researched qualitative and quantitative methods.

Lianhai’s Equity Strategy is a well-diversified stock allocation strategy that adjusts its portfolio weights in different industries depending on economic cycles. As a macro investor, our equity investments are often guided by a series of economic indicators and backed by serious stress tests against any potential adverse market movements. Since the launch of our equity strategy, track record shows significant outperformance over market benchmark indices.

Lianhai’s Fixed Income Investment Strategy focuses on the economic cycle and tracks market movements in a timely manner. Complemented with quantitative tools, multi-assets solutions and a rigorous and disciplined research process are the foundation of our fixed-income strategy. Our fixed-income model mainly considers hybrid securities and convertible bond.