Xiao Feng Lu

ZFM generally concentrates on firms in China with the potential to expand internationally. They typically focus their investments on enterprises with competitive advantages in the energy, shipping, biotechnology and telecommunications sectors.

SYWG-BNPP is a growth-oriented investment manager focused on Chinese equity. The firm develops a range of products adapted to the local regulatory environment and providing investment opportunities in all market conditions. SYWG-BNPP manages equity portfolios and a money market fund as well as an absolute return strategy comparable to a hedge fund and using portfolio insurance techniques developed internally to palliate the shortage of domestic derivatives. The firm invests across market caps in Chinese Blue-Chip A-shares as well as in small- to mid-cap stocks. The equity investment process is top-down for large caps and bottom-up for smaller companies. Investments in small- and mid-cap stocks target companies with significant growth potential over the long term.