Ming min investment Qiu Huiming: behind the long-term excellence and excess, the test is the team's investment and research ability and the integrity of strategy

In recent years, domestic quantitative investment has developed rapidly , Private quantitative products have maintained excellent performance while continuously expanding capacity , Market attention has increased significantly .

With the continuous breakthrough of the most cutting-edge technology , Mathematics and computer 、 Accumulation of cutting-edge talents in artificial intelligence and other fields , Improved the domestic quantitative private placement “ Soft power ”. here we are 2021 year , The scale of local quantitative private placement has officially crossed the trillion yuan mark .

Talking about the development of quantitative institutions in China , Ming min investment Qiu Huiming believes ,2010 Since, quantitative private placement in China has been “ Advance in twists and turns 、 Spiral up ” Development .

“ It is reasonable to see the overall development pace of domestic quantitative private placement , And the size of the entire position is not large , Overall, it is still less than the international average .” Qiu Huiming said :“ At present, quantification is still in the early and medium stages of domestic development .”

Qiu Huiming lived nearly... Before and after he studied in the United States and worked on Wall Street 17 year , After returning home, Yu 2014 In, he founded Mingyu investment . Since its establishment , Mingyu investment has been committed to becoming an international flow investment institution , Always uphold “ Professional humility 、 Pragmatic and efficient 、 Awe the market 、 Grateful customers ” Business philosophy . Depending on “ Flat management system + Centralization of investment and research system ” Organizational structure , Has a deep theoretical attainments 、 Experienced R & D 、 Trading talent team , The investment and research teams are all from overseas Ivy League schools and domestic top schools . After years of continuous investment and research and development , In infrastructure hardware and investment research framework 、 The trading system and other aspects have built up industry-leading comprehensive advantages .

In terms of overseas team building , Mingyu investment belongs to the earlier layout in the industry , Overseas talent pool has been gradually built , At present, the New York office has nearly 20 Human investment research team . Qiu Huiming believes , There is no nonlinear relationship between the input of computing power and the growth of investment capacity ,“ In the past few years, it has been built in the computer room 、GPU、 The server 、 Database and other hardware devices have been fully invested , To keep the hardware equipment at the top level in the industry in the market .”

Ming Yu investment Qiu Huiming further pointed out , How about the investment ability of a quantitative private placement manager , In fact, it will eventually be reflected in the past medium and long-term performance . For investors who quantify long products , It is more important to observe the stability of the manager's long-term excess return and the long-term compound rate of return , And the growth rate of short-term fund-raising .

“ In other words, understand , The same management scale , The stronger the investment ability, the higher the excess return ; Equal benefits , The larger the management scale, the stronger the investment ability ”, Qiu Huiming also mentioned many times , In a certain management scale, it still achieves a relatively good excess, which is relatively stable , Behind the test is the team's overall investment and research ability and strategic integrity .