About us
Minority was founded and fully owned by company executives. The management team has more than 20 years experience in financial industry. We are focusing on actively managed China equity fund.

Our innovative investment philosophy "Alpha comes from bias of the majority" and creative methodology "Application of behavioral finance in China market" taking us through market cycles and achieved outstanding performance over the years, company founder Liam Zhou won important industrial awards each year in last decade.


Minority Asset Management Limited is licensed by HK SFC to perform asset management activities.


Investment Philosophy
l Stock prices reflected expectations of the majority. When the expectation has bias, then mispricing appears, alpha becomes possible.
l Based on behavioral finance theory, people more easily to misjudge in certain areas, where we could look for majority bias and discover mispricing with combination of quant and discretionary research methods.
l On top of analyzing macroeconomy, stock market and company fundamentals, we also study investor’s behaviors, which is an important part of our research efforts.