Portfolio role
Compare correlation regimes, downside co-movement, and rebalance conditions.
DIGITAL ASSETS · MULTI-ASSET RESEARCH
Study the asset, the portfolio, and the path to implementation.
My work examines crypto risk and return in a multi-asset setting. The investment conclusion has to remain credible after liquidity, custody, regulation, and operating constraints enter the frame.
Evidence design
Bring market data, on-chain activity, and regulatory information into one research trail.
Implementation
Promote liquidity, custody, and operating clocks into the conclusion.
RESEARCH ARCHITECTURE
Classification desk
Classification is a research tool: separate the return source, risk carrier, and observable evidence.
Return sourceAdoption, settlement demand, network use, risk premium
Risk carrierMarket, protocol, counterparty, regulation, operations
EvidencePrice structure, on-chain activity, liquidity, public disclosure
Recent notes
Browse all notesDigital-Asset Research Runs on More Than One Clock
Blocks, trading venues, and public reports mark time differently. Research becomes unreliable when those clocks are flattened before the sequence is understood.
8 min readDesign a Research Note for Committee Questions
A compact institutional note should expose its evidence, judgement, and decision triggers so disagreement can be located and the conclusion can be updated.
6 min readRead Stablecoin Activity through Three Ledgers
Supply, circulation, and redemption answer different questions. Combining them too early creates a clean chart with an ambiguous story.
9 min readPROFILE
Research profile
London, United Kingdom
Current work
Senior Investment Research Analyst, Digital Assets
Fidelity International · Full-time
- Research the risk-return characteristics of crypto assets in multi-asset portfolios
- Track market structure, on-chain activity, and regulatory change
- Build asset classification and scenario analysis frameworks
- Support investment committee and product teams with research
Education
Fudan University
Master of Economics · Finance
2016–2019
CONTACT
Contact
Open to thoughtful exchanges on digital-asset research, portfolio frameworks, and institutional implementation.