RV Alpha Breakdown | Alpha Uncovered X Kaiyuan Macro (Part 2 of 3)

Recorded on 7 June 2024 (Part 2 of 3)
🎙Convo with Zan Huang, Founder, Kaiyuan Macro hosted by Alvin Fan, CEO, OP Investment Management (OPIM)

• (0:00) - Opener
• (0:06) - Stat Arb Signals for Investment Insights
• (4:54) - Balancing RV & Directional Signals
• (10:06) - Examples on How His Indicators Reflect the Marco Narratives

Zan Huang dives into the core strategy behind Kaiyuan Macro - cross-country relative value investing. By focusing on identifying mispricings between currencies and interest rates across different nations, Zan's models aim to capture alpha independent of broader macro trends. In this session, he discusses the rationale for a relative value approach, highlighting the empirical evidence that shows these opportunities have historically offered higher risk-adjusted returns than directional bets.

OPIM - ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn (OP Investment Management)⁠⁠⁠⁠⁠⁠⁠⁠ // ⁠⁠⁠⁠⁠⁠⁠⁠X (@opim_hk)⁠⁠⁠⁠⁠⁠⁠⁠ // WeChat (hedgefund_club) // ⁠⁠⁠⁠⁠⁠⁠⁠Website (www.opim.com.hk)⁠⁠⁠⁠⁠⁠⁠⁠

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