Guangzhou-based QZ Asset Management is poised to become a global powerhouse in the financial markets

“We have recently implemented our BDAI technology on indices trading and the results have been promising.”

Blake Yeung, CEO of QZ Asset Management, is responsible for the research and development of QZ’s flagship technology platform, BDAI or Big Data-Artificial Intelligence, and has won multiple accolades for his works, including a ‘Pioneer in Finance Award’ at the Shanghai Fintech Summit in 2019. Before the pandemic struck, Blake had been a keynote speaker at multiple prestigious events across the Asia Pacific, including the 4th Shanghai FinTech Summit, the 8th China (Guangzhou) International Financial Exchange Expo (Golden Fair), and AI Expo Korea in 2019.

QZ Asset is a leading AI-powered investment company, providing services across a broad range of traditional and alternative asset classes for all types of clients, including individuals, third-party intermediaries and institutional investors. QZ serves clients globally.

The Silicon Review reached out to Blake Yeung and here’s what he had to say.

Interview Highlights

Q. What was the motivation behind starting QZ Asset Management?

Blake Yeung: For more than 10 years, we, at QZ Asset Management, have managed our clients’ wealth and served them as trusted and holistic advisors. In all that we do, we are inspired by our purpose – creating value beyond wealth. It is the fundament upon which QZ Asset Management is built. Put simply, we help people realize their financial aspirations and achieve their life’s goals.

Moreover, our primary focus is to serve clients sustainably. We achieve this through our algorithm-based investment technology platform, BDAI. Developed after years of dedicated research, BDAI is a powerful system capable of performing a million calculations per second and processing a massive database.

Q. It’s hard to remain objective when huge amounts of capital are at stake, especially in volatile situations. How does BDAI help in making objective decisions?

Blake Yeung: The BDAI trading technology is fully autonomous which means that emotions, the number one cause of human-induced errors, are eliminated from the decision-making process. It is an efficient and result-driven methodology that allows us to maximize returns while minimizing losses.

Q. Experts predict that failure of trusted algorithms is bound to happen. How can you make your approach foolproof?

Blake Yeung: Algorithms fail when you are over-reliant on a fixed set of algorithms. The financial markets are fluid and constantly evolving, which means that you must adapt to beat the market consistently. The BDAI technology is a self-learning artificial intelligence system that analyses past and new trading data, anticipates market movement, and optimizes its strategies in real-time to stay ahead of the market.

Q. Tell us about your investment management system. How do you maintain the value growth?

Unlike traditional hedge funds that actively manage their portfolio, we do not impose exorbitant management charges on our clients. Our lower fees and higher cost savings translate to greater value effectively, and this is discounting the fact that our investments generate higher-than-average returns.

Q. How can an investor diversify his portfolio?

Blake Yeung: Diversification is a relative concept that should be applied differently for individuals across various segments. What works for an ultra-high-net-worth individual would not necessarily translate to success for the average person, who is just starting his investment journey. Ultimately, it is about balancing risk and reward to ensure you achieve the best possible overall outcome regardless of the market situation.

Q. Can smaller investors make use of your services? How flexible are your services?

Blake Yeung: QZ is committed to advancing financial inclusion and enabling more of the world’s unbanked population to access financial services, no matter where they are from. It is an important part of our vision and we offer a comprehensive suite of investment solutions that will suit investors at any stage of their journey.

Q. Do you have any new services ready to be launched?

Blake Yeung: We have recently implemented our BDAI technology on indices trading and the results have been promising. The company has exceeded targets for H1 2022 and is currently on track to surpass 200% YoY growth by the end of 2022.

Q. What does the future hold for your company and its customers? Are exciting things on the way?

Blake Yeung: Our vision is to become a global powerhouse in the financial markets and we will be launching our services in high-growth markets such as South America and Africa very soon. The first step is to set up offices in these regions and we are close to announcing our regional headquarters. This represents an important milestone in our global expansion strategy and will increase our capabilities to support our clients in any region.

QZ has also been invited to major Fintech events worldwide beginning the first quarter of 2023, where we will showcase the BDAI technology, which drives the company’s successful investment strategies. We will also cover a broad range of topics including the flexibility and dynamism of AI technology in investments, real-time news, and market sentiment analysis, application of BDAI analytics as well as advanced risk management strategies, among others.

There are also plans to hold a QZ global summit in Thailand next February, as well as to conduct a two-day investment workshop in Bangkok.

“We will be launching our services in high-growth markets such as South America and Africa very soon. As a matter of fact, we are close to announcing our regional headquarters in these regions. This represents an important milestone in our global expansion strategy and will increase our capabilities to support clients in any region.”