Jun Zhao

Springs Capital is an active manager which adopts a fundamental-driven investment approach, favoring companies with outstanding corporate governance, proven operation and management track record, and exceptional entrepreneurial drive. The firm is also a contrarian manager which avoids chasing blindly optimistic consensus and prefers to uncover "hidden gems" overlooked by the market. They use bottom-up approach in identifying company and industry fundamentals.

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.