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新晋债券多策略私募“如愿基金”:一图看懂以债券为“压舱石”动态资产配置策略
私募排排网· 2025-05-23 10:42
Core Viewpoint - The article introduces "Ruyuan Fund," a newly registered private equity fund in Shenzhen, focusing on low-risk fixed income products and multi-asset allocation strategies to enhance portfolio returns in volatile market conditions [2][9]. Group 1: Company Overview - Ruyuan Fund was established on March 20, 2024, and completed registration with the Asset Management Association of China on August 16, 2024, with registration number P1074843 [2][9]. - The fund's investment strategy emphasizes a foundation of fixed income products, aiming for relatively low risk and good liquidity while capturing structural opportunities in convertible bonds, commodities, and financial derivatives [2][9]. Group 2: Development Timeline - Key milestones include the establishment of Ruyuan Fund in March 2024, registration completion in August 2024, and the launch of its asset management business with the first fund product issuance in October 2024 [9]. Group 3: Core Team - The core team has extensive experience in the bond market, with an average tenure of over 10 years and all members holding master's degrees or higher from prestigious institutions [10]. - Key personnel include Lin Sheng, who has 13 years of bond research experience and 11 years in bond investment management, and Zhu Yangmo, the founding partner and president, with 7 years of experience in top bond private equity fund management [10][12][15]. Group 4: Investment Strategy - The fund employs a combination of top-down asset allocation and bottom-up asset selection strategies, focusing on macroeconomic fundamentals, policies, and market structures to manage a diverse portfolio [17]. - The strategy aims to balance risk and return by diversifying across various asset classes, adapting to macroeconomic changes, and seizing opportunities in different market environments [18]. Group 5: Product Offerings - Ruyuan Fund offers products like "Ruyuan Xuanwu," focusing on convertible bonds, leveraging their dual characteristics of debt protection and equity appreciation [19]. - The fund's products are designed to provide stable returns while managing risks associated with market fluctuations [20].