2025年度《财富管理与基金投资顾问》系列课程第五讲：《基金选品与组合构建》与《私募策略介绍以及FOF组合构建》

Core Insights - The course series "Wealth Management and Fund Investment Advisory" is a collaboration between Shanghai University of Finance and Economics and Dongfang Securities, aimed at enhancing students' understanding of fund investment practices [1][10] Group 1: Course Content Overview - The fifth lecture featured two main topics: "Fund Selection and Portfolio Construction" by Wang Feng and "Introduction to Private Equity Strategies and FOF Portfolio Construction" by Liu Chenshuoyang [1][10] - Wang Feng introduced the core investment research capabilities under the Dongfang Securities TPS system, focusing on "Fixed Income +" and active equity as the main investment lines, detailing a comprehensive investment framework from macro analysis to market response [3] - Liu Chenshuoyang outlined the label system and strategy classification of private equity managers, covering various strategies such as subjective long, index enhancement, market neutral, and commodity futures [6] Group 2: Practical Applications - The course emphasized the importance of combining quantitative and qualitative scoring systems for deep alpha extraction, alongside behavioral data validation and a rigorous performance attribution process for strategy optimization [3] - Liu provided an in-depth analysis of quantitative long strategies, detailing the full process from data collection, factor construction, to portfolio optimization and algorithmic trading, while also discussing strategy allocation and risk management in different market environments [6] - The course successfully established a complete cognitive chain for students, from fund selection to portfolio construction and private equity strategy management, receiving positive feedback for its solid content and clear logic [8]