Core Viewpoint - The macro strategy private equity funds have shown remarkable performance in 2023, with an average return of 24.91% in the first ten months, significantly surpassing previous years' performance [2]. Group 1: Performance Overview - The average return of macro strategy private equity funds from 2021 to 2024 is 13.90%, -9.20%, -4.18%, and 20.63% respectively, indicating a substantial improvement in 2023 [2]. - The top-performing macro strategy products in the 50 billion and above category achieved an average return of 20.15% in the first ten months of 2023 [4]. Group 2: Top Products by Size - In the 50 billion and above category, the top three macro strategy products are managed by Juki Investment, Yinye Investment, and Yuanxin Investment, all of which are large private equity firms [4][7]. - The leading product in the 20-50 billion category is managed by Luyuan Private Equity, with an average return of 27.27% [9][13]. - The top product in the 5-20 billion category is managed by Zhong'an Huifu, achieving a return of 26.55% [14][16]. - In the 0-5 billion category, Yize Investment, Jiali Asset, and Sanhua Asset are the top three, with an average return of 34.80% [17][20]. Group 3: Notable Fund Managers - Zhao Weihua, the investment director at Yuanxin Investment, has a decade of macro research and investment experience, contributing to the strong performance of the "Yuanxin Multi-Asset Strategy" [8]. - Li Bei from Banxia Investment is recognized as a pioneer in the domestic macro hedge fund sector, with the "Banxia Balanced Macro Hedge" product achieving impressive returns [8]. - Luyuan Private Equity's fund manager, Lu Wentao, emphasizes the long-term support for gold prices due to ongoing fiscal and monetary stimulus policies [13].