Gavekal is a financial services firm that provides research, money management and software services to asset managers and corporations. Our research comprises two main offerings: Gavekal Research (daily commentary on global markets and macroeconomics) and Gavekal Dragonomics (twice-weekly analysis of China). A specialty service, Gavekal Fathom China, profiles mid-cap Chinese listed companies and does China-related custom research projects. Together our research services have 900 institutional clients worldwide. Our fund management team manages about US$2.7bn for institutional investors under four main strategies: Asian Opportunities (multi-asset Asia), China Fixed Income (renminbi bonds), China Onshore RMB and Global Equities. Our software arm, Gavekal Intelligence Software, offers two products to portfolio managers. TrackRisk generates monthly risk-on/risk-off signals for 40 equity markets, using artificial intelligence to interpret algorithms based on decision rules created by Charles Gave. TrackMacro is a customized portfolio optimization tool.