Yao Li

HFM is an active, research-driven manager which constructs portfolio based on a combination of bottom-up and top-down fundamental research and quantitative analysis. They believe that the market is inefficient and that thorough analysis and active management can bring about excess returns. The firm has a strict quantitative risk control system for long-term, stable, and excellent performance.

Tian Hong uses the scientific and complicate data to analyze their clients and provide a better guidance to their operation and investment. They invest primarily in stocks and, to a lesser extent, in cash, bonds and other assets. The firm also invests in short-term investment vehicles with stringent risk-control while pursuing a long-term appreciation of the fund's assets.