Zou Weina: An Industry Explorer Driving the Development of Multi-Strategy Fixed-Income Investment

Amid the rapid expansion of China's fixed-income investment sector, the strategies and industry standards of public fund management are constantly being updated. Zou Weina, currently the Chief Fixed-Income Investment Officer at HuaAn Fund Management Co., Ltd., has pushed the multi-strategy framework of bond investment to the forefront of the industry through her in-depth research and practice of the "Fixed-Income Plus" strategy.

Her career path encompasses systematic analysis of macroeconomic trends and policy directions, as well as innovation in fixed-income portfolio management methods. Early in her career, at an institution affiliated with the National Information Center, Zou Weina focused on research into macroeconomics, the banking sector, and price trends. Her research findings were formally endorsed multiple times by the president of China Development Bank. Such experience laid the foundation for her future role in the asset management industry, where she would guide investments from a macroeconomic perspective.

Over the following decade and beyond, she successively led fixed-income and mixed-asset investment strategies at Yinhua Fund Management Co., Ltd. and HuaAn Fund Management Co., Ltd. During her tenure at Yinhua Fund, she spearheaded the creation of the "1+N Multi-Asset Management Model," which became the core pillar of the company's Fixed-Income Plus product system. The absolute return products managed by her team consistently achieved annual returns exceeding 5.5% for five consecutive years, maintaining an industry-leading position in China's public fund sector. This accomplishment not only reflects her profound understanding of the balance between returns and risks but also validates the practical significance of multi-asset allocation for stable returns.

Her research and management models have been widely reported by media outlets such as China Securities Journal, Xinhua Finance, and Bloomberg. Through participation in influential industry forums like the China Insurance Association Investment Strategy Salon, Six Experts on Bond Market Analysis, and the "CFFEX Treasury Futures Expert Talk," she has shared her fixed-income investment philosophy with a broader professional audience. Her calm analysis of the bond market and her experience-sharing on multi-strategy portfolio management have become important references for bond market research and product innovation.

Unlike the traditional single-strategy model in the industry, Zou Weina advocates that fixed-income investment should integrate multiple strategies and refined risk management. With her initiative, the "Fixed-Income Plus" product has integrated elements such as pure bond strategy, convertible bond strategy, and equity asset allocation into a unified investment logic, emphasizing the improvement of stability and safety margins through multi-dimensional portfolio management. Professionals in the bond market widely believe that the successful implementation of this approach has not only changed the public fund industry's understanding of fixed-income products but also further promoted the upgrading of asset allocation concepts.

Her attention to institutional and process construction is equally prominent. As the head of the company's fixed-income division, she established the Absolute Return Investment Department (Fixed-Income Investment Department II), coordinating the company's fixed-income research, strategy formulation, and business processes. She has promoted the integration of fixed-income research and investment within the company, presided over the revision of management documents related to fixed-income investment position responsibilities and investment process optimization, and achieved a leapfrog improvement in the standardization of processes and transparency of organizations within the fixed-income investment system. These efforts have provided a clear path for the team's long-term and stable development and have set an example for the industry.

Throughout her career, the accumulation of awards has recorded professional recognition. She has multiple times received the "Golden Bull Award," the highest honor in China's public fund industry, and has been nominated for the Morningstar Award in the United States. These awards are not only affirmations of her past product performance but also mark the professional value of her management model from a global perspective. This further validates her rarity and influence in the field of asset management.

She also maintains a continuous focus on bond market system research. As an expert reviewer for research topics at China Central Depository & Clearing Co., Ltd. (CCDC), she has participated in the review of national-level research projects such as Comparative Study of Bond Market Information Disclosure Systems in Various Countries and has offered highly targeted suggestions. This research work helps to improve market information disclosure standards and promotes the healthy development of the bond market.

With the acceleration of China's capital market internationalization, the standards and methods of fixed-income investment are gradually aligning with the global framework. The industry generally holds that Zou Weina's research findings and management experience will play a deeper role in cross-border investment, risk management, and the formulation of asset allocation standards in the future. The multi-strategy "Fixed-Income Plus" model she advocates, along with its supporting management methods, is gradually becoming an important reference for the next generation of public funds.

In an era of rapid industry evolution, Zou Weina's persistence and in-depth work have injected unique value into the fixed-income investment field, combining forward-looking and empirical approaches. Her exploration has made more institutions realize that bond investment is no longer just a tool for interest rates but also a touchstone for systematic, long-term, and cross-asset management capabilities. For the entire industry, the practical paradigm she has created has become an important testament to the maturation of the capital market.