On August 16, Dr. Dong Le, the Investment Supervisor of Shanghai Jingde Asset Management Co. Ltd. made a lecture on quantitative Hedge Fund at the invitation of the associate professor Yan Yan of School of Economics and Management, UCAS.
Dr. Dong introduced the hedge fund first, and then pointed out the differences between the traditional investment and the quantitative investment. Dr. Dong said that the two types of investment were the same in nature. Both of them were based on the theory of non-effective market or weak-effective market. The differences lay in the point that traditional investment depended on company research and individual experiences, and the quantitative investment depended on Mathematical model. Furthermore, Dr. Dong described in details the development of the quantitative hedge fund both in China and in the world.
Finally, he pointed out that students should learn finance, corporate finance, econometrics, and statistics if they wanted to find career opportunities in the field of quantitative investment.