Gavekal is a financial services company, headquartered in Hong Kong and with offices in Beijing, Denver and Bellevue. The firm is organized along three different business lines: Research, Money Management and Software Solutions.

Independent Research
 
Gavekal Research: Global-macro research product

Gavekal Research is our global-macro research product. We focus on delivering original and actionable ideas on the global economy, financial markets and the interactions between the two.

 
Gavekal Dragonomics: Research on the macro-economic, demographic, political and financial questions confronting China

Gavekal Dragonomics publishes research on the macro-economic, demographic, political and financial questions confronting China. Clients include both institutional investors and multi-national companies for whom China is an important market.

 
Gavekal Fathom China: Provide the tailored research necessary to invest wisely and avoid mistakes in the Chinese market

Gavekal Fathom China provides the tailored research necessary to invest wisely and avoid mistakes in the Chinese market. Our custom-designed reports address litigation history, labor relations, management retention, executive biographies, political risk and other concerns a client may have about a Chinese company.

 
Gavekal Japan Alpha: Japan-focused market commentary product

Gavekal Japan Alpha is a Japan-focused market commentary product. We generate ideas by analyzing macro themes, technical analysis, due diligence through fundamental screening and on-the-ground, first-hand knowledge. Our pieces include both single company reviews as well as thematic pieces.

 
Gavekal Books

On any given year, at least one Gavekal partner or employee will write a book. These are sometimes published externally, sometimes published in-house. Best-selling Gavekal books have included Capitalism 4.0, Too Different For Comfort, Des Lions Menes par des Anes and China's Urban Billion.

Money Management
 

With offices in Hong-Kong, Denver and Bellevue, Gavekal teams manage assets across a broad rang of strategies. Specifically:

Gavekal UCITS Funds: Institutional and private money management

Gavekal advises on five strategies which together combine for some US$920m in AUM*. These strategies are:

  • The Gavekal Knowledge Leaders Fund
  • The Gavekal Asian Opportunities UCITS Fund
  • The Gavekal Asian Value Fund
  • The Gavekal China Fixed Income UCITS Fund
  • The Gavekal Global Asset Allocation UCITS Fund

Click here to find out more or to request our funds newsletter.

 
Gavekal Managed Accounts: Institutional and private money management

Gavekal directly manages around US$500m* in managed accounts for large institutional investors and family offices wishing to reproduce some of the above UCITS strategies, but perhaps add constraints of their own (SRI, liquidity, security rating etc...).

For more information on managed accounts, please click here.

 
Gavekal US Mutual Funds: Institutional and private money management

Gavekal currently manages two US mutual funds, representing circa US$200m in AUM*. There are:

  • The Gavekal Knowledge Leaders Fund (Ticker: GAVAX or GAVIX)
  • The GKE Asian Opportunities UCITS Fund (Ticker: GKEAX)
 
Evergreen-Gavekal

Evergreen-Gavekal, the private client arm of Gavekal, currently manages around US$1.5bn* for US private clients, out of the Bellevue, WA office.

Software Solutions
 

At Gavekal, we believe in being as 'open source' as possible with our clients. This means that we do not only want to share our investment conclusions with clients, but also our process and our data. For this reasons, we have, over the years, invested in a number of software companies that make our jobs of sharing with clients easier. These companies are:

Macrobond

Macrobond provides data charting and analytical tools crucial to any economist, strategist, analyst, portfolio manager, investor or decision maker. All the Gavekal charts and models are built on the Macrobond platform and Gavekal was a seed investor, and remains the single largest shareholder, in the company. For more information, click here or ask your Gavekal sales rep.

 
Gavekal TrackRisk: Proprietary evolutionary algorithm which allows a fast exploration of a portfolio's optimization universe

Gavekal TrackRisk is a proprietary evolutionary algorithm which allows a fast exploration of a portfolio's optimization universe. The optimization process is based on a utility function describing the totality of the investment constraints (maximum risk, diversification, transaction cost, etc...). The TrackRisk Optimizer proposes the optimal allocation according to any given constraints, or macro-economic scenarios.

 
WeConvene

WeConvene is a global corporate access community which maximises the value of corporate access events for both the sell-side and the buy-side. WeConvene irons out the inefficiencies surrounding arrangements of corporate access and changes the way these most valuable interactions are set up, managed, executed and tracked.