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Risk First
Weigh potential returns alongside possible losses, with an emphasis on diversification and risk control.
HENGFENG CAPITAL
Insight Through Cycles.Conviction for the Long Term.
洞察周期，笃行致远
Discover Hengfeng Capital
GLOBAL PERSPECTIVE · RESEARCH · DISCIPLINE
ABOUT HENGFENG CAPITAL
About Hengfeng Capital
Hengfeng Capital focuses on global macro and quantitative investment, examining how policy cycles and capital flows shape asset pricing.
About the firmINVESTMENT STRATEGIES
Investment Strategies
Global macro and quantitative equity research, focused on market pricing and differences in expectations.
Explore our strategies01
Global Macro
Rates & FX · Policy divergence · Relative value
Research in US and Chinese rates and currencies, focused on policy divergence and cross-market relative value.
02Quantitative Equity
Market regimes · Signal validation · Implementation
Systematic equity research across market regimes, signal structures and investment horizons.
Risk first. Prudent allocation. Ongoing monitoring.Risk management
RISK & INVESTMENT DISCIPLINE
Understanding cycles through research.Navigating change with discipline.
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Prudent Allocation
Size investments with care, taking funding needs, investment horizons and market liquidity into account.
03
Ongoing Monitoring
Monitor markets and investment performance, regularly reassessing decisions and adapting as circumstances change.