本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 导语 周一（2025年8月18日），上证指数收盘于3728.03点，正式站稳3700点同时也创十年以来新高， 虽然下午整体震荡回落，但释放了较为强劲 的市场交易信号。自上周开始不仅沪深两市单日成交额继去年11月以来再度突破2万亿水平，融资余额也时隔十年再度回到2万亿元水平，同时 十年期国债期货价格较7月高点已下跌约0.5%左右，表明投资者风险偏好上升的同时居民存款向权益市场陆续迁移。历史上沪指在突破整数点 位时向来要遭遇一定历史套牢盘阻力，3700点附近为2021年筹码密集区，如若有效突破还需要增量资金持续放量。（可参考： 幻方、九坤、 天演、蒙玺等18家百亿私募旗下产品悉数创新高！超7成百亿私募产品创了新高！ ） 近些年来，多数私募投资者在市场复杂波动的行情中采取"量化为底，多点开花"的持仓结构， 在指数不断突破高位的背景下，投资者该如何优 化自己的投资组合呢？ | 私募(二级)策略 | 有业绩显示的 | 1-7月收益均值 | -7 E DE K ? | 1-7 EDEK | | | --- | --- | --- | --- | --- | ...

Core Insights - The founder of Ruilian Jingchun, Xu Zhongxiang, emphasizes the importance of maintaining a long-term perspective in investment, especially during periods of market volatility [1][2][3] - Ruilian Jingchun has achieved good performance in multi-asset allocation products despite a general downturn in the quantitative industry, attributing this success to a combination of strategic consistency and strategy evolution [2][3] Company Overview - Ruilian Jingchun, established in 2014, is a foreign private equity firm indirectly controlled by Ruilian Caizhi through Hong Kong Ruilian Asset Management [1] - The firm is recognized for its fundamental quantitative strategies and has been a pioneer in Smart Beta strategies in China [1][2] Market Position and Strategy - The company has continued to expand its team and strengthen research and channel development even during challenging market conditions [2] - Ruilian Jingchun has focused on localizing its strategies to adapt to China's unique policy environment and market characteristics [2][3] Long-term Outlook - Xu maintains a strong belief in the long-term prospects of the Chinese market, citing the country's population base, savings habits, and manufacturing competitiveness as core advantages [3][4] - The firm observes a shift in foreign investment attitudes towards China, moving from avoidance to active interest [3] AI and Quantitative Revolution - The company recognizes the potential of AI in enhancing efficiency within the quantitative investment sector but stresses that AI cannot replace investment logic [4] - AI technologies are being integrated into various aspects of Ruilian Jingchun's research and investment processes, including automated report generation and natural language processing for macroeconomic analysis [4] Investment Strategy - The firm advocates for diversified investments across different assets and strategies to achieve stable long-term returns while managing risks [4]