How we do it

• We strongly focus on identifying and tracking leading indicators for China’s investment-relevant economic activity, in order to predict its likely cyclical trajectory and the attendant implications for global growth
• This outlook for growth is then filtered through the lens of policy, which is informed heavily by BCA Research’s constraint-based approach to analyzing likely policy outcomes
• A joint assessment of the global economic environment and Chinese growth, policy, and financial conditions inform our fundamental view for key China-related assets
• Our view on asset fundamentals is married with both analytical and judgmental assessments of investor sentiment in order to generate specific asset allocation recommendations over a tactical, cyclical, and strategic time horizon

Some of what we've called

Long H-Shares
Long H-Shares and Short Industrial Commodities, initiated in March 2016; closed January 2018 with a 16% annualized return.

Long MSCI China
Long MSCI China and Short MSCI Taiwan, initiated February 2017; closed June 2018; 15% annualized return.

Long MSCI China Consumer Staples 
Long MSCI China Consumer Staples and Short Consumer Discretionary, initiated in November 2017, closed September 2018; 48% return.

Long China Onshore Corporate Bonds
Long China Onshore Corporate Bonds, initiated June 2017; currently open; 9.4% return since initiation.