中航基金：构建平台化、一体化、多策略投研体系，夯实高质量发展根基

Core Insights - The article emphasizes the transition of the public fund industry from scale expansion to quality enhancement, driven by the "Action Plan for Promoting High-Quality Development of Public Funds" [1] Group 1: Platform-Based Investment Research - Platform-based investment research aims to address the chaotic nature of retail investment by leveraging the strong research platforms built by fund companies, enhancing the effectiveness of investment performance [2] - The establishment of a unified data platform, knowledge base, and toolchain allows for the sharing of research reports, models, and risk control standards across the company, significantly improving research efficiency and investment performance [2] - The construction of a "research-investment-risk control" knowledge graph enables the reuse of research outcomes in core areas, enhancing risk control capabilities and creating a feedback loop that improves investment capabilities [2] Group 2: Integrated Research-Investment-Risk Control - The integrated system creates a feedback loop that connects research signals to investment decisions, performance feedback to research optimization, and risk control adjustments to investment strategies, addressing traditional disconnects between research, investment, and risk control [3] - Implementing an integrated reform is expected to significantly enhance the relevance of research, the effectiveness of investment strategies, and the monitoring of risk control [3] Group 3: Multi-Strategy Adaptability - The development of a diverse strategy library, including value, growth, event-driven, and quantitative hedging strategies, allows for dynamic adjustments to optimize risk and return in volatile market conditions [4] - Establishing cross-asset investment collaboration breaks down the research silos between equities and bonds, creating a research team focused on macro rates, credit cycles, and asset comparisons [4] - The combination of platform-based, integrated, and multi-strategy research systems will help fund companies build their core competitiveness and lay the foundation for high-quality development in the fund industry [4]