Prof. Gavin Feng Shares Insights on Quantitative Investing and Risk Management at The Bloomberg Forum for Investment Management

Prof. Gavin Feng, Scientist at AIFT and Associate Professor in the College of Business at CityUHK, was invited to speak at The Bloomberg Forum for Investment Management, held on 5 November 2025 at Bloomberg’s Hong Kong office.

The forum gathered senior professionals from leading global and regional financial institutions, including securities firms, asset managers, hedge funds and investment banks, as well as scholars and policy experts. Discussions focused on how institutional investors allocate risk in equity portfolios and on recent developments in risk model frameworks. With participation from experienced industry practitioners, the forum featured highly technical discussions and professional exchange of views.

Prof. Feng joined as a panelist in the session “Risk-Budgeting for Equity Allocation: A Blueprint for Quant & Hedge Funds,” sharing his insights on the future of quantitative investing and the evolution of factor-based portfolio management. He highlighted how quantitative investing is shifting from traditional factor definitions toward more systematic and data-driven approaches. In the discussion, Prof. Feng addressed how institutions evaluate signals, assess their incremental value beyond existing models, and incorporate machine learning to improve portfolio construction. He also emphasized that successful quantitative strategies must balance theoretical rigor with real-world implementation considerations, including transaction costs, model stability and changing macroeconomic conditions.