Core Viewpoint - The market has shown a clear preference for small and micro-cap stocks this year, with the CSI 2000 index rising over 25% and the micro-cap stock sector increasing over 65% [2] Summary by Sections Performance of Quantitative Private Equity - The average return of 1,529 quantitative products from January to July 2025 was 15.04%, with the best-performing strategy being other index-enhanced products at an average return of 28.84% [2][4] - The CSI 1000 index-enhanced products achieved an average return of 27.00%, while the CSI 500 index-enhanced products had an average return of 22.79%, outperforming the CSI 300 index-enhanced products which only returned 11.74% [2][4] Top Performing Quantitative Private Equity Firms - Among firms managing over 100 billion, the average return was 20.53%, with the top three firms being稳博投资, 阿巴马投资, and 天演资本 [5][7] - The top firm, 稳博投资, has eight products with a total scale of 3.63 billion, achieving significant returns through a unique quantitative trading strategy [8][9] Performance by Firm Size - For firms managing between 50-100 billion, the average return was 14.27%, with the top three being 天算量化, 鸣熙资产, and 嘉石大岩 [10][11] - In the 20-50 billion category, the average return was 14.26%, with 云起量化 leading the pack [13][15] - The 10-20 billion category saw an average return of 15.02%, with 上海紫杰私募 at the top [16][19] - For firms managing 5-10 billion, the average return was 9.48%, with 量创投资 leading [21][22] - In the 0-5 billion category, the average return was 13.28%, with 全成基金 taking the top spot [22][24]

Core Viewpoint - The article highlights the impressive performance and growth of Liang Chuang Investment, a quantitative investment management firm, which has achieved top rankings in various categories of private equity funds as of mid-2025 [3][5]. Company Overview - Liang Chuang Investment was established in March 2016 and obtained its private fund manager license in July of the same year. The company focuses on quantitative investment strategies across multiple asset classes, including stocks, futures, options, and bonds [2]. - The firm has developed its own database, factor library, and trading systems, and has recently formed an AI team to enhance its investment strategies through artificial intelligence [2]. Performance Metrics - As of June 30, 2025, Liang Chuang Investment achieved an average return of ***% in the first half of the year, ranking first among quantitative private equity firms [3]. - The firm's product "Liang Chuang Quantitative North Stock Selection No. 1 A Class" also ranked first in the quantitative multi-strategy category with a return of ***% [3]. - The firm has consistently ranked at the top in various categories, including being the number one in the mid-generation quantitative private equity sector for firms established between 5 to 10 years [3]. Development History - Liang Chuang Investment has evolved its strategies over the years, starting with stock arbitrage in 2016, and has since introduced various quantitative strategies, including AI-driven models and all-weather strategies [5][6]. Team Structure - The company has a total of 22 employees, with 16 in the investment research team, ensuring a collaborative environment for strategy development and execution [7]. Core Advantages - **Data-Driven and Model-Oriented**: The firm utilizes its proprietary data platform and modeling systems to create systematic investment strategies, minimizing emotional biases [11]. - **Asset Diversification and Multi-Strategy Collaboration**: By combining different styles and asset classes, the firm aims to reduce risk and enhance portfolio stability [12]. - **Prudent Risk Management**: The company emphasizes strict risk controls, including position limits and volatility management [13]. - **Continuous Iteration and Dynamic Optimization**: Strategies are regularly assessed and adjusted based on real-time market feedback to maintain adaptability [14]. Product Lines - The firm offers a multi-strategy approach that balances various asset classes to achieve stable returns across different economic conditions, focusing on risk parity [15]. - Notable products include "Liang Chuang All-Weather Yuan Yu No. 1" and "Liang Chuang Quantitative North Stock Selection No. 1," both of which have shown significant returns since their inception [16][17].