On April 17th, Dr. Ken Zhu, Founder and CIO of LongQi Scientific Investment, was invited to participate in the 2024 J.P. Morgan Macro Quantitative & Derivatives Conference and shared insights on the theme of the event. This year marked the 25th annual conference for J.P. Morgan, with numerous leading asset management firms and financial research institutions from around the globe in attendance.

The focus of the conference centered on several topics, such as the development of global asset markets, the application of machine learning in asset management, and trends in cross asset risk premiums. Speakers from prestigious asset management and academic institutions, including Capital Fund Management, APG Asset Management, Unigestion, Robeco, and Imperial College Business School, contributed their expertise.

Dr. Ken Zhu’s presentation was titled “2024 China Quant Quake: We Will Never Waste A Good Crisis”. In his speech, Dr. Ken Zhu meticulously reviewed the quantitative crisis of February 2024 through detailed data research and drew comparative analyses with the Quant Crisis in the United States in 2007. Moreover, Dr. Ken Zhu emphasized the lessons learned from this highly improbable event, occurring 20 standard deviations outside the norm, and how these insights could enhance the resilience required for long-term survival in the markets and the innovative capacity to capture alpha.

Additionally, Dr. Ken Zhu's discussion on the evolution and current state of China's quantitative industry highlighted the exceptional innovation and cutting-edge technological capabilities of Chinese quantitative fund managers. He pointed out that investing in China offers an effective solution for global asset allocation with low correlation and diversified risk. Furthermore, the Chinese market continues to achieve the best combined alpha and beta returns on a global scale.

As one of the most engaging and enthusiastically received presentations at the conference, Dr. Ken Zhu's insights prompted significant interaction and exchange among the attendees. LongQi Scientific Investment is confident that China's quantitative sector will attract greater appeal and competitiveness in the global asset management arena and stand as a premium choice for global asset allocation in China.