Core Viewpoint - The article emphasizes the growing importance of multi-asset allocation strategies in the current volatile equity markets and low interest rate environment, highlighting Morgan Asset Management's expertise in this area [1][2]. Group 1: Investment Strategy - Morgan Asset Management (China) is focusing on multi-asset diversified allocation to meet the demand for stable returns from both institutional and individual investors [1][2]. - The firm has developed globally allocable Fund of Funds (FOF) products and promotes scientific asset allocation concepts through regular professional reports [1][2]. - The investment philosophy is shifting from single product purchases to comprehensive asset management solutions, with FOF and advisory services playing a crucial role [2][3]. Group 2: Team Competence - The ability to manage asset portfolios is evaluated through three dimensions: research capability across asset classes, a robust investment framework, and effective risk management [3]. - Morgan Asset Management's investment framework is based on macroeconomic factors, valuation, technical analysis, and fundamentals, ensuring disciplined decision-making [3][4]. - The firm benefits from a global platform that supports investment decisions through comprehensive research and real-time market insights [4][5]. Group 3: Market Insights - The domestic market is gradually moving towards a more mature understanding of asset management, with a growing awareness of the importance of portfolio diversification [2][4]. - Current market conditions indicate that domestic asset valuations have returned to historical averages but remain relatively inexpensive compared to other global assets [8][9]. - The firm anticipates a neutral to slightly positive risk appetite for the domestic market in the second half of the year, supported by recent policy improvements [8][9]. Group 4: Global Perspective - Morgan Asset Management's global research teams maintain consistent judgment logic across major markets and asset classes, enhancing the accuracy of market assessments [6][7]. - The firm has observed that global risk appetite is improving, with expectations of rising inflation in the U.S. and a cautious approach from the Federal Reserve regarding monetary policy [9].