梁文锋的幻方、吕杰勇的平方和、冯霁的倍漾…谁在领跑量化多头？

Core Viewpoint - Quantitative investment has gained significant traction in 2023 due to breakthroughs in AI technologies and favorable market conditions, with quantitative long strategies showing strong performance in the A-share market [2]. Group 1: Quantitative Long Strategy Performance - As of November 2025, there are 715 quantitative long products with a total scale of approximately 609.92 billion, achieving an average return of 39.07% over the past year, outperforming other secondary strategies [2][3]. - The average returns for various secondary strategies are as follows: - Quantitative Long: 39.07% - Subjective Long: 35.20% - Other Derivative Strategies: 29.36% - Macro Strategies: 27.06% - Composite Strategies: 26.48% - Quantitative CTA: 18.55% - FOF: 17.88% - Stock Long-Short: 15.59% [3]. Group 2: Top Performers in Quantitative Long Strategies - Among the top-performing private equity firms with over 100 billion in assets, the average return for their quantitative long products is 43.46%, with 29 firms having at least three qualifying products [5]. - The top three firms in this category are: - Lingjun Investment - Pingfang Investment - Ningbo Huansheng Quantitative [5][8]. Group 3: Performance by Asset Size - For firms with 20-100 billion in assets, the average return is 41.79%, with the top three being: - Luxiu Investment - Yunqi Quantitative - Guangzhou Shouzheng Yongqi [9][10]. - In the 5-20 billion category, the average return is 35.88%, with the top three being: - Longyin Huxiao - Zhongmin Huijin - Yangshi Asset [12][13]. - For firms with 0-5 billion in assets, the average return is 33.26%, with the top three being: - Hangzhou Saipasi - Guangzhou Tianzheng Han - Hongtong Investment [15][16].